Microsoft offers $100 off Xbox One for trading in PlayStation 3

Today Microsoft announced its intentions to offer a $100 store credit at any of the 31 participating Microsoft Stores for anyone who is willing trade in their old console. Consoles eligible for trade include the Xbox 360 S and the Xbox 360 E, two of Microsoft's newer 360 models, but they also offer the credit for anyone who brings in a Sony Playstation 3.

According to the release, the offer extends from Jan. 23 to March 2, and while Microsoft is technically offering up to $100, you only receive the full value if you apply it toward a new Xbox One console. In addition, any console you bring in for trade must be in working condition and include all of the original parts, which is likely Microsoft's way of making sure it doesn't get short changed on the deal.

The offer comes shortly after the purported leak of Microsoft's 2014 plans for the Xbox One, which include an all-white model and a cheaper version without an optical drive. The gaming console has experienced significant sales over the past few months, including news that the Xbox One led sales in December, as well as Microsoft's recent announcement that 3.9 million Xbox One units had been sold to retail stores during their last quarter.

Source: Microsoft Store | Image via Microsoft

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34 Comments

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I'd be inclined to do it if the Xbox One could play 360 games. I'd rather not be stuck with a library of games I can't play.

Many people purchased more than one of the same console and for good reasons, Xbox 360's Media Center Extender, PS3 having the best Blu-ray drive, etc. Now if you're thinking of an Xbox One losing one of those spare consoles in another room for $100 may not seem like a bad deal.

The question is can it be a broken ps3? Friend wants a Xbox and I have a ps3 that died a few months ago but it looks fine on outside lol

"In addition, any console you bring in for trade must be in working condition and include all of the original parts"

If you had read the article you'd already know.

torrentthief said,
That is pure desperation! Considering you can get way more off ebay even after ebay/paypal fees this is just embarrassing.

How is it desperation?

I really don't get why anything that might be considered a cool idea is spun to be desperate.

Desperation would be offering more than $100 for last gen consoles. Again, MS has a history of doing this at their retail stores for all sorts of hardware.

torrentthief said,
That is pure desperation! Considering you can get way more off ebay even after ebay/paypal fees this is just embarrassing.

Jesus all trade in offers are going to be worse than actually selling it yourself.

Gamestop offers them on pretty much anything in their store, cell phones have them all the time. Tons of sites offer trade in values for your electronics.

Yes it's less money, no it's not desperation. The reason people do it is because it's convenient.

Shouldn't the title of this article be "Microsoft offers $100 off Xbox One for trading in Last Gen Consoles" ?

I guess they were going for a particular angle here. Looks like some of the commenters took the bait as well.

This isn't new for MS. They have been doing trade in programs for tablets and phones before this.

As far as the value, $100 is not quite as much as you would get on Ebay for a 360 or PS3, but some people might value the lack of hassle dealing with Ebay in the first place.

Personally, I'm quite happy holding onto my ps3 and 360. Not only do I have a backlog, PS+ and GfG keep me coming back to the systems. Too much value left in them.

Yeah, the reaction from the people on this site is pretty ridiculous. It's like reading NeoGaf. Besides, not everyone has an Ebay account/feel comfortable selling on ebay or Craigslist. Fees and shipping can be a bitch as well. Sold an old touchpad on ebay for around $115 on ebay, ended up paying $16 in fees when everything was said and done. When I last looked, The old 40gb ps3 I have goes for around $150, so i'd probably end up with the same value offered by MS, but with the hassle of having to ship the friggin thing.

1) Buy a broken PS3 on eBay/Kijiji/Craigslist/etc for cheap
2) trade it in for credit
3) Less expense! (If it was an expense you were already going to take, then this is almost like profit!

Sraf said,
1) Buy a broken PS3 on eBay/Kijiji/Craigslist/etc for cheap

"In addition, any console you bring in for trade must be in working condition and include all of the original parts"

Why comment on an article you didn't read?

I have a broken PS3 (YLOD, overheating) which I fixed with the "bake PS3 motherboard in the oven" method. It's going to fail again soon, and I'm sure it's a very good deal to ditch it for an XboxOne in reduced price (I already have a newer PS3 that works great). Yes, you can buy broken PS3s and fix them very easily to get them working for a few hours/weeks/months.

This is stupid. I can easily a PS3 or 360 for more than a $100. Seriously. This is a not a good offer. Looking at Ebay and craigslist the PS3's are going for 150 minimum.

Edited by MindTrickz, Jan 31 2014, 12:34am :

MindTrickz said,
This is stupid. I can easily a PS3 or 360 for more than a $100. Seriously. This is a not a good offer.

Would you like to purchase a verb for $100?

so you'd take the risk of getting potentially shot, stabbed, raped from some nutjob on craigslist for maybe an extra 20 bucks?

Coincidentally, a $100 ps3 on eBay in working condition would be a steal. More like $150+. If you want money off your next system, sell it on eBay.

Merson316 said,
The response is clearly fake. But good none the less.

Fake? It's just a joke someone from NeoGAF made as a response I'm not sure what it's a fake of. By "fake" do you mean not from Sony? In that case then absolutely it's "fake", it's a joke (one I found rather creative and funny) I didn't mean to imply it was from Sony.

Asmodai said,
By "fake" do you mean not from Sony?

Yes. When Asmodai put "And the response:" it could imply that it's coming from Sony.

Not only is it a bad deal, but their desperation is showing. LOL.
I wonder what they do with the systems after? Collect all of them and burn them at their basement Halo parties?

So much this. I got a PS3 for Black Friday... $200 with The Last of Us and Batman Origins, 250GB HDD. PS+ has me with so many games, I honestly don't have time for them all. I've literally only bought 2 games myself. (RDR and GTAV) Bioshock Infinite? Borderlands 2? Yes please...