Sony's newest next-generation gaming console is set for a missive U.S. launch next week, assuming all goes according to plan. As a result, its not surprising that popular gaming retailer GameStop is gearing up for the celebration. Today the company announced that it will be hosting a super trade-in event on November 10 for those who may need a little extra assistance paying for the new $399 console.
GameStop will be allowing players to trade in their previously owned hardware, software as well as consumer electronics and put the value of the trade-in towards the purchase of the upcoming PlayStation 4. Anyone who unloads an old console will triple their trade-in value.
"Utilizing GameStop's buy-sell-trade model, our customers will receive the most value for their current generation consoles and games, something no other retailer is offering," said Darron Nielsen, GameStop's merchandising specialist. "This allows consumers the ability to purchase a PS4 at a more affordable price, making it more accessible for gaming fans."
GameStop insists that this will increase your old console's trade-in value by up to 90 percent however, the credits must be applied to a PlayStation 4, not the competing next-generation console from Microsoft, the Xbox One.
According to The EscapistMagazine, PlayStation 4 pre-orders have been sold out for months and some retailers are reporting that the console is backordered past the holiday season. This means that if you're not absolutely positive you've got a PlayStation 4 on reserve its probably not the best time to trade-in your current-generation console. This will save you from being console-less this holiday season while you wait for more next-gen consoles to be in stock.
What do you think of GameStop's new deal? Does the huge downgrade in cost convince you to purchase a PlayStation 4? Will you still remain loyal to Xbox One despite the huge price difference? Comment and share your thoughts on all things next-gen with us below.