Friday, March 28, 2014

Wal-Mart opens new trade-in initiative for consoles and games

Leading international retailer Wal-Mart has recently opened a new trade-in program allowing consumers to trade-in select gaming consoles and games for in-store credit.



Wal-Mart’s new trade-in program gives consumers the opportunity to trade-in unwanted games and consoles for store credit, while also throwing a direct punch at GameStop’s similar trade-in initiatives.

The retailer is accepting various games across the triumvirate of console platforms–Nintendo, Xbox and PlayStation–but it appears that the program is limited to current and next-gen consoles/games only, as a quick PlayStation 2 query led to no results.

To see what your gaming goods are worth, use Wal-Mart’s digital calculation tool to appraise the value of your console and/or games. Throwing in accessories and cables will boost up the value, especially in the case of Microsoft’s Xbox One, which amounts to a total trade-in value of $215 with the Kinect, controller, and console cables.



Interestingly enough the retailer will buy non-working consoles; a non-working Xbox One will net you $50 with accessories.*It’s also worth mentioning that GameSpot‘s original reporting of the trade-in program led Wal-Mart to reduce many of the trade-in prices. Before the story broke, Wal-Mart was offering $390 for a working Xbox One (with accessories and Kinect), which is a hefty jump from the $215 they now offer.

Wal-Mart’s program does give consumers options, as they offer in-store and online trade-ins for convenience. A shipping label will be provided for your goods when opting for the latter method.

If your gaming library is collecting dust from under-usage, the program may be advantageous, but GameStop’s extra 10% bonus from their PowerUp Rewards program is more beneficial at this point. Furthermore GameStop will also pay out cash for trade-ins, but Wal-Mart deals exclusively with store credit–however this can be used to buy everyday necessities.

The corporate giant’s trade-in initiative may change and alter as time goes by, offering more clear-cut advantages to pull gamers from GameStop, but for right now the latter retailer will give you more value for your pre-owned gaming gear.

Via GameSpot





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