xbox oneWe expect that there are probably many gamers out there who are still holding out on purchasing a next-gen console. It could be its price, it could be the lack of titles, but if price is the main factor holding you back, you might be interested to learn that Microsoft has recently announced a new promotion.

The promotion will basically allow gamers to trade-in their old console and receive up to $100 credit towards their Xbox One purchase. According to the terms and conditions of the deal, “To receive maximum trade-in value, you must trade-in a PlayStation 3, Xbox 360 E, Xbox 360 S console and purchase an Xbox One at the same time.”

This is actually the second time that Microsoft has launched such a promotion, with the first one taking place earlier this year where gamers could trade in their older PlayStation 3 or Xbox 360 console and get $100 credit towards a new Xbox One. However with the Xbox One now priced at $399, this essentially makes the console $299 which we have to say is a pretty damn good deal!

The offer has kicked off on the 14th of July and will run until the 31st of August, so you’ve still got a little over a month to take advantage of the deal. Will this deal help Microsoft sell more Xbox One consoles? Well considering that they saw sales double with the price cut to $399, a price tag of $299 certainly makes it a very compelling purchase.

Filed in Gaming. Read more about Microsoft and Xbox One.

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