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Gamestop Offering 30% Trade-in Bonus to Preorder PS4

If you want to preorder a PS4 but you’re a little worried about the cost, GameStop wants to help you (and to have your money and stuff in exchange).

The retailer is sending ads to entice players to preorder Sony’s upcoming console, offering a 30% trade-in bonus to those that will let themselves be tempted.

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Alexious1108d ago

Excellent, this should help sway more people towards the PS4. It's no surprise that Gamestop favors the PS4, anyway.

Abriael1108d ago

I actually wonder if something like that will appear for Xbox One as well. It should be in their interest to sell as many as possible of both new consoles, after all.

Lunarassassin1108d ago

Not really. With xbox ones no trade ins policy gamestop will favor the console that will still allow them to sell used games. There is no reason for them to want to sell the xbox one as much as the ps4.

Abriael1108d ago (Edited 1108d ago )

@Lunarassassin: Actually, the xbox policy could end up advantaging Gaamestop instead of damaging them, with the "participating retailers" clause

Seraphemz1108d ago

When I preordered my PS4 I ask the manager if they were getting a lot of Xbox1 preorders... he told me that they actually had a lot of them cancel the xbox and switch to the PS4.

Also, there were only 5 more PS4's available at the Gamestop that I went to..

Sam Fisher1108d ago (Edited 1108d ago )

As a former employee from GS, gamestop only makes about 25% to 30% on new product where as 50 % to 75% more profit on used games, people forget its a pawn shop before anything else, they just sell curtain things. So yeah they would go straight for ps4, no long lifetime with m$

RiPPn1108d ago (Edited 1108d ago )

@Abriael: While GameStop will be a participating retailer, we don't know what portion of a used game sale they have to give to Microsoft. Also used game trades and likely pricing is probably also set by Microsoft. Imagine someone wants to trade Ryse but because it's reviewed poorly, Microsoft blocks the trade altogether. This becomes tough on GameStop or other participating retailers because they may have to turn a customer away.

Basically the old way is the best way as it's the most profitable and less convoluted way.

Microsoft basically declared war on consumers and retailers. Consumers have no reason to pick it up and retailers have no reason to push it. It's going to be a tough road o hoe for Microsoft.

Wagz221108d ago

This offer is for Xbox one as well, its for the preorder of next gen systems.

Darrius Cole1108d ago

Actually it is in Gamestop's best interest to offer the Xbox One and then bait and switch the customers to the PS4 when they get into the store.

That is what I expect them to do if Microsoft sticks to it DRM until launch.

Wagz221108d ago

How do I get disagrees? That's 100% true, I literally work there and that is what it says. I'm not a fan of the Xbox either, but you get 30% for trade ins toward ps4 or Xbox.

Wagz221108d ago

7 disagrees for a fact? That is amazing.

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iliimaster1108d ago

this is whats weird why even sell a console that undercuts your WHOLE business? i dont get it and imagine the blow it would be to MS if they said we wont be carrying any xboxone stuff period...

Raccoon1108d ago (Edited 1108d ago )

I have a feeling that even though gamestop is part of the xbox one re-selling participating stores the reward is far less when ps4 games could be bought and sold at any price they choose and from the sale forecast of the ps4 alone it seems to me like they will profit more from selling and buying ps4 games as more will be sold equalling more trade-ins in total...

With microsoft, gamestop will buy from us at a set or guideline price and resell as new to other customers because as you already know you will not own your games instead you will only own a license disc.

Anon19741108d ago (Edited 1108d ago )

I see in Canada they're offering 50% credit if you're trading in your slim 360 or slim PS3 towards an Xbox One or PS4 preorder. 30% offer is only good if you're trading towards a PS4/XboxOne game, not the console. That sucks. It would be nice if they'd do the 50% for the original consoles as well. I've got 2 fat PS3 (I only need one if I'm getting a PS4) and an original 360.

I've spent over $1000 on my launch 360 with extra controllers, play and charge kits, extra play and charge kits when these would stop holding a charge (don't let them sit for months with the battery packs in. It kills them) and wi-fi adapter when I bought my new house and the 360 was nowhere near a wired connection.

All that will get me about $60-70 in trade in value currently, but after my 4th replacement I just never turn it on anymore as the last console they sent me was older than the one it replaced. It's just collecting dust now but even though it sickens me to think what I spent on it for the amount of play I got out of it before switching to more reliable hardware, if I could get $100 off towards a new console I think that would be worthwhile to me.

Polysix1108d ago

Well don't trade it in then! sell it yourself (and your games) on amazon or ebay! you'll make far more back that way.

I never gave my games to retail stores as trade in, sell them yourself for best price THEN buy new games. the smart move cuts out the middle man.

Anon19741108d ago (Edited 1108d ago )

It's a convenience thing. Creating the listing, responding to potential buyers, boxing it up, shipping it...my time is more valuable than that considering I'd probably only get another 20 bucks or so. The whole reason why I use Gamestop or Play n Trade is it's simply convenient to do so. My time and effort is worth more to me than the money I'd save doing so. I could change the oil in mine or the wife's car as well and save a few bucks, but I've got better things I could be doing and money isn't everything. I support Gamestop because it's all about convenience and I'm fully willing to receive less money for that convenience.

Edit: Besides, who's going to pay for an old 20 GB 360 anyway when they give out slim's for free when you sign up for cable or a new cell phone. I'd get maybe 50 bucks for everything on ebay based on a quick search.

LonDonE1108d ago

agreed, the so called participating retailers list for xbone games don't mean nothing for game stop, because they will still have to share a percentage of the money with the publishers and Microsoft, but with PS4 used games all the money goes to game stop, so guess which one they will promote more?

+ Show (2) more repliesLast reply 1108d ago
darksky1108d ago

It's the used market that matters to outlets like Gamestop so you will see them going all out to promote the PS4.
In fact any high street retailer that sells physical disks will probably try to sell more PS4's than the XBone.

Good news for the average consumer.

Abriael1108d ago

I'm not yet sure Gamestop isn't somehow in bed with microsoft with the used game policy. The Gamestop honcho went on record saying he was excited for the xbone, and their "participating retailer" thingie for used games.

Cmk01211108d ago

used game market makes up 30% of their profit. And if ms has them as one of the retailers in which they can be traded in at i dont see why gamestop would care one way or the other.

RiPPn1108d ago (Edited 1108d ago )

If Microsoft blocks the resell of a used game for 30 days or entirely this becomes a mess for retailers as they have to turn a customer away. Also if Microsoft sets the price of how much a used game can be sold for and they take a portion of that sale, it will limit the amount they will give you for the sale and limit GameStops or participating retailer profits.

Participating retailer really have no incentive to push the Xbox One, in fact on GAF there's a whole thread about GameStops pushing the PS4 over the Bone.

I imagine as this generation begins, PS4 will get the front of the store racks, all the posters, and all the push. While the Bone sits in the back of the store in a corner with a bargain bin sitting in front of it.

Raccoon1108d ago

Like i said what if Microsoft enforces a price guideline? The whole point of DRM is for publishers to further more profit from their content which means gamestop will have to cut a slice of their pie. Which means ps4 tittles can be bought and sold at a price of their choosing.

With the online pass gamestop did not care or change their prices because in the end only the publishers would end up with the blame once you got home and had to purchase the damn thing to play online. But now every game license from xbox one has to be purchased as new and the only thing these participating resellers are doing is re-newing the license for a new user to acquire it.

azshorty20031108d ago

What the hell is going on? 29, TWENTY-NINE! stories on the first 2 pages of n4g have stories about Gamestop!!

Abriael1108d ago

Lots of people are preordering stuff at the moment, and Gamestop is one of the main places where things are being preordered.

MooseWI1108d ago

Traded my 250gb 360 and 8 games for $350 at GameStop during E3. That was 30% then too.

T21108d ago

Nice guess its bye bye 360 ... Wonder if the wii is worth anything

GusBricker1108d ago

Like 30 bucks before the trade-in bonus.

MooseWI1108d ago

Yeah you get about $40 with bonuses.

DarthJay1108d ago

They offered me the same deal for either console.

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