Sign in with
Sign up | Sign in

Why Microsoft's $100 Xbox One Rebate is Not a Great Deal

By - Source: Microsoft | B 33 comments

Ah, the fine print. Where deals go to die.

Microsoft and Sony both launched their next generation of video game consoles in November of last year, going head-to-head for the hottest shopping period of the year. Sony has the edge on Microsoft in terms of price, but it seems Microsoft is willing to pay PS3 users to upgrade to an Xbox One.

 

The company is currently running a promotion that offers Xbox 360 S and Xbox 360 E users a $100 Microsoft store credit in exchange for their console. Not at all unusual for a company to offer current customers a deal to trade in their last generation The kicker is that the deal also extends to Sony's PS3 as Microsoft attempts to lure fans of the competing platform to the land of Xbox.

People have complained about the price of the Xbox One since it was announced. The console comes bundled with Kinect, which obviously has an effect on the price, but Microsoft says it has no plans to sell the Xbox One without the motion sensing peripheral. As such, offering a $100 rebate is one way to appease shoppers. But is it a good deal? Not really. 

Though the offer is advertised as $100 for trading in your old console, the fine print over on Microsoft's website implies that is actually the maximum trade in value and to get it, your console has to be in perfect condition and you have to buy an Xbox One at the same time. Check it out (emphasis added):

"To be eligible for trade in, product must power on and be in fully functional, working condition without broken/missing components, cracked display/housing or liquid damage, cannot be password protected, and include original chargers/accessories. To receive maximum trade in value, you must purchase an Xbox One at the same time."

A quick glance at eBay shows that a lot of Xbox 360s are going for $100 or more online. Depending on the condition of your Xbox and whether or not you're willing to throw in a few games (and why would you need those if you're getting the Xbox One, which lacks backward compatibility?), you can probably best Microsoft's offer or at least match it and get cold hard cash as opposed to a Microsoft store gift card.

Follow Jane McEntegart @JaneMcEntegart. Follow us @tomshardware, on Facebook and on Google+.

Discuss
Display all 33 comments.
This thread is closed for comments
Top Comments
  • 23 Hide
    Branden , January 31, 2014 1:28 PM
    the better deal would be to buy a PS4 instead, you're guaranteed to save a full $100 right off the top AND you get to keep your old console!
Other Comments
  • 23 Hide
    Branden , January 31, 2014 1:28 PM
    the better deal would be to buy a PS4 instead, you're guaranteed to save a full $100 right off the top AND you get to keep your old console!
  • 0 Hide
    mstngs351 , January 31, 2014 1:30 PM
    ""To be eligible for trade in, product must power on and be in fully functional, working condition without broken/missing components, cracked display/housing or liquid damage, cannot be password protected, and include original chargers/accessories."How does that translate to "perfect condition"?
  • -8 Hide
    hakesterman , January 31, 2014 1:32 PM
    Great Deal for those wanting an XB1 like me.
  • 4 Hide
    geeez , January 31, 2014 1:41 PM
    Have you tried to sell a console on eBay. I had the newest Xbox 360e console brand new in the box and only got $130 for it. How much for a used one. Around $65 to $95 depending on model and that's in great condition. Don't let this writer fool you into thinking you can do better on eBay. Its a great deal. Some people need something to write I guess.
  • 7 Hide
    skit75 , January 31, 2014 2:03 PM
    Quote:
    Have you tried to sell a console on eBay. I had the newest Xbox 360e console brand new in the box and only got $130 for it. How much for a used one. Around $65 to $95 depending on model and that's in great condition. Don't let this writer fool you into thinking you can do better on eBay. Its a great deal. Some people need something to write I guess.


    You left money on the table then. If you did a 7-Day auction, you could have used a Reserve. If you did a Fixed Price, you accepted way too low of an offer if it really was New - Never Opened.

    In the last 30 days alone, there have been 14 New Xbox 360e consoles sold from $174-$248
  • -5 Hide
    damianrobertjones , January 31, 2014 2:05 PM
    Thank you Microsoft for offering me another option. Screw the writers and people that try to turn a POSITIVE into a negative.
  • 8 Hide
    itsderekdude , January 31, 2014 2:26 PM
    If you buy a PS4 and sell your PS3 for $200, you are only out $200

    If you buy a XB1 and trade your PS3 in for $100, you are only out $400.

    Yea, great deal there...

  • 2 Hide
    skit75 , January 31, 2014 2:36 PM
    Quote:
    Thank you Microsoft for offering me another option. Screw the writers and people that try to turn a POSITIVE into a negative.


    Sure, it is another option. It just doesn't benefit you as much. Even Used Xbox 360e's during that same 30 Day window.... more than 40 sold between $170-$104.

    Don't hate me because I deliver numbers.
  • 2 Hide
    gm0n3y , January 31, 2014 2:46 PM
    Damn, I was hoping I could trade in my old xbox (RROD) and my current xbox that I haven't even hooked up to my TV since I moved 3 years ago. $200 off would actually tempt me to get one. Even then I'm not sure that $300 is worth it for a console when I already have an upper mid-range gaming PC (which is far better than the current consoles).
  • 0 Hide
    Martell1977 , January 31, 2014 2:57 PM
    And do what with all the games? XBone doesn't play 360 or PS3 games, so, what would you do with the games? They should add in a credit for turning in games as well, be it toward the XBone or new games, there should be something. It should include any game playable on a 360 or PS3, as many people play their old PS2 and XBox games as well, when compatible.
  • 5 Hide
    thxext , January 31, 2014 3:31 PM
    Don't forget how ebay and paypal get their cut too. Stuff is not free.
  • 0 Hide
    skit75 , January 31, 2014 3:36 PM
    Paypal is 2-3% and eBay is 5-6% with a light listing fee usually .15 to .50 cents depending on your Seller Discount Status
  • 2 Hide
    mrmez , January 31, 2014 5:52 PM
    Kinda obvious conditions, no?
  • 0 Hide
    Anonymous , January 31, 2014 8:41 PM
    I can sell my PS3 more than $100
  • 0 Hide
    Anonymous , January 31, 2014 8:44 PM
    The person who decided to release this promo does not go to ebay/craglist/kijiji. How ignorance.
  • 1 Hide
    b23h , February 1, 2014 12:45 AM
    Quote:
    ""To be eligible for trade in, product must power on and be in fully functional, working condition without broken/missing components, cracked display/housing or liquid damage, cannot be password protected, and include original chargers/accessories."How does that translate to "perfect condition"?
    Well put. It doesn't translate into "perfect condition" at all. There are times in which I have strong contempt for the writing here at Tom's Hardware. I've been reading at this site for many years now, but sometimes I just feel that it is a waste of time reading the hacks and the stupid comments. Something similar happened with the Register, I simply no longer read at the site. So their pathetic bias and click bait "journalism" turned into no clicks at all.
  • 0 Hide
    gsxrme , February 1, 2014 7:26 AM
    I better deal would be to ...- Drop kinect- Removed Bluray optical drive- Replace HDD with a 1TB model- Replace junky ass motherboard that has soft caps- Increase Fan speeds and GPU clock rates- Sell for $349-$399Current model can be the Complete Home Entertainment ModelNew model can be Gamer Pro Edition This is what the people want. Now make it happen Microsoft!
  • 1 Hide
    AndrewMD , February 1, 2014 8:53 AM
    Microsoft should pull an advertisement based model similar to Amazon's Kindle and market the price around $250.00. Most of the revenue from these consoles come from games no matter if it is a rental or store purchased game or content.
  • 1 Hide
    Christopher Shaffer , February 1, 2014 10:32 AM
    1). IF I was going to buy an Xbone, it would have to be cheaperm before rebates or trade-ins, than a PS4, because it's simply an inferior system.2). The PS4 is already $100 less, an if you want the extra accessories you have an OPTION. This would be the better choice for MS - make Kinect an option.3). Even if MS offers their system without the Kinect, they'll still want $399 for it and it simply is not worth that price.There is nothing that makes the Xbone more or even equally attractive as the PS4. Why would I want to ditch my last-gen system that still has plenty of titles only to get a system with fewer titles for more money than its worth?
  • 0 Hide
    hardrock40 , February 1, 2014 11:57 AM
    Quote:
    I better deal would be to ...- Drop kinect- Removed Bluray optical drive- Replace HDD with a 1TB model- Replace junky ass motherboard that has soft caps- Increase Fan speeds and GPU clock rates- Sell for $349-$399Current model can be the Complete Home Entertainment ModelNew model can be Gamer Pro Edition This is what the people want. Now make it happen Microsoft!
    I agree up to where you said drop blu-ray drive. People wanted one in the x360 but MS would not install one. Now we got it in the XB one and you say get rid of it. To make the XB one a complete multimedia/Gaming system it has to include the blu ray drive because it makes it the all in one living room entertainment system thus making it possible for people to remove their old out dated dvd players or older blu ray player & use only one device for everything. The kenect should be optional just like sony's eye thingy which would lower the price by about $100 without the kinect making it even on price with the PS4. They also need much larger HDD installed in a future XB one. I don't own either new console & do not plan on buying them at least until they are in second release with most of the bugs worked out of them. I do have a Gaming PC that serves my needs well actually 2 gaming PC's which out shine these new consoles in every way.
Display more comments