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[Square Triangle]

Just got an email through work, they cannot be accepted in a trade. The systems will brick or lock completely if the 360 under contract is defaulted online or offline.

So those who willingly to over spend on the 360 for two years ($460) can't even sell it lol.

 

[Iacobellis]

And thus, we will see the 720 on contract for $199 starting this holiday season.

 

[Trigger]

What a load of bullshit.

 

[SolsticeZero]

Wow, that's pretty shitty.

 

[Sho_Nuff82]

... Why would you try to sell it during the contract?

 

[chubigans]

Anyone who enters into that awful contract deserves anything that happens to them in the first place.

 

[nasos_333]

Just got an email through work, they cannot be accepted in a trade. The systems will brick or lock completely if the 360 under contract is defaulted online or offline.

So those who willingly to over spend on the 360 for two years ($460) can't even sell it lol.

How do they check it ?

 

[Aquamarine]

And thus, we will see the 720 on contract for $199 starting this holiday season.

Correct. It coincides nicely with the "always online" announcement.

 

[Iacobellis]

Can you not cancel and pay a fee, similar to a cell phone contract?

 

[DaBoss]

Wow this is pretty shitty.

Misunderstood what was in the OP.

... Why would you try to sell it during the contract?

I believe this includes after the contract expires.

Edit: Seeing the replies, is my assumption wrong?

 

[SmokyDave]

Presumably you can resell it, just not during the contract period.

 

[nhlducks35]

Well, it is a contract

 

[lockload]

Theres a good reason for that you dont own it until have paid for it

Its discounted for reason

 

[CambriaRising]

How do they check it ?

Requires xbox live sub and ms tracks individual consoles.

 

[The Grim Heaper]

How do they check it ?

I assume something will tip them off when they test the system during the trade-in.

 

[YuriLowell]

And thus, we will see the 720 on contract for $199 starting this holiday season.

And ill keep on playing games ive missed from this generation.

No consumer is going to agree to this shit.

 

[nasos_333]

Correct. It coincides nicely with the "always online" announcement.

I hope the rumors are false and there is no such announcemnt

I cant see MS cutting off 90% of their potential buyers

 

[braves01]

Fuck always online.

 

[Majima Everywhere System]

360s could be had for $150 this holiday. The $99 with 2 year contract thing baffled me.

 

[Glorified G]

It begins.

 

[Baconsammy]

What part of "contract" do some people not comprehend?

 

[Agent Ironside]

So there will be a contract "version" of the 720?

 

[LevityNYC]

Out of curiosity, how would Gamestop know? Check the Serial #?

 

[GulAtiCa]

Wow that is crappy..

 

[Square Triangle]

How do they check it ?

Out of curiosity, how would Gamestop know? Check the Serial #?

The information is shown under the system info screen of the dashboard.

 

[iammeiam]

Just got an email through work, they cannot be accepted in a trade. The systems will brick or lock completely if the 360 under contract is defaulted online or offline.

So those who willingly to over spend on the 360 for two years ($460) can't even sell it lol.

Have these things been around for two years? I have a hard time imagining MS can still brick the console after you've passed the contract period. Even relatively weak consumer protection in the US shouldn't allow that.

 

[Hex]

Theres a good reason for that you dont own it until have paid for it

Its discounted for reason

Ding!

 

[CambriaRising]

What part of "contract" do some people not comprehend?

I can still sell my iPhone under contract.

 

[demosthenes]

What if the only 720 offered is like $200 but has 3 years of payments to take it to 550? Or something like that?

 

[MikeE21286]

Just got an email through work, they cannot be accepted in a trade. The systems will brick or lock completely if the 360 under contract is defaulted online or offline.

So those who willingly to over spend on the 360 for two years ($460) can't even sell it lol.

What if its not defaulted though? Say I had it for three years and paid it off. Then I could sell it?

 

[Orca]

Anyone who enters into that awful contract deserves anything that happens to them in the first place.

Doesn't it wind up being only $20-30 more than buying all the stuff anyway? For a contract deal that strikes me as pretty reasonable.

I believe this includes after the contract expires.

How would you default on your contract after it expired?

 

[OldJadedGamer]

... Why would you try to sell it during the contract?

This is the part that is left out of the OP.

 

[YuriLowell]

What if the only 720 offered is like $200 but has 3 years of payments to take it to 550? Or something like that?

9.9% APR.

Pay 1200 dollars over 3 years!

 

[Mesoian]

360s could be had for $150 this holiday. The $99 with 2 year contract thing baffled me.

Well that thing started 2 years ago, just quietly. Now it's hardly a deal, but you have to test those waters somehow.

 

[Sho_Nuff82]

Wow this is pretty shitty.



I believe this includes after the contract expires.

Edit: Seeing the replies, is my assumption wrong?

It is a big assumption to make based on the info provided by the OP.

 

[def sim]

I can still sell my iPhone under contract.

If I'm reading it right, you can do the same with the 360 provided you keep paying the subscription. This all sounds standard.

 

[Sean]

Don't really see the problem here, I can't think of any good reason to trade your console in while still on contract. You would still have to continue paying it off.

 

[Kyou]

Can't wait for this to be the case with Durango games!

 

[deadlast]

I'm ready for my 720 contract MS.... I'm ready.

 

[Square Triangle]

Don't really see the problem here, I can't think of any good reason to trade your console in while still on contract. You would still have to continue paying it off.

Correct but at least the physical item has value when say its a phone. The 360 has zero value.

 

[lockload]

I can still sell my iPhone under contract.

The difference is apple has already been paid for the phone in full by the carrier, you still owe the carrier for the phone which you can put in another phone and still use the sim card

 

[pharmboy044]

This is fucked.

 

[bigdaddygamebot]

And thus, we will see the 720 on contract for $199 starting this holiday season.

If they really want to not fuck about...

Contract + price point of $99.99 for a NeXtBox.

The chaos would be brilliant.

 

[Korosenai]

... Why would you try to sell it during the contract?

Why would anyone even buy a 360 on contract? Just seems dumb to me.

 

[Emitan]

This is fucked.

Not really. It was bought under a contract. If this applied to every 360 then it would be a problem.

 

[Aquamarine]

After the 2-year contract is up, I assume you can resell the console then.

According to the TOS for the $99 system, your XBL account / console seems to revert to a "normal" account after 2 years.

 

[LiK]

Collector's item

 

[grimshawish]

Thats cause you didn't buy a console for $99 and people need to stop acting like children and just accept its a financial option. It'll be right some and wrong for others.

Read the contract either way.

 

[gaming_noob]

Is this their way of avoiding the collections agency?

 

[braves01]

If they really want to not fuck about...

Contract + price point of $99.99 for a NeXtBox.

The chaos would be brilliant.

They wouldn't have enough systems for months.