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Get $50 extra trade credit on Xbox Series X & PS5 consoles, $25 extra trade credit on Xbox Series S & Nintendo Switch consoles at GameStop

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GameStop is running running one of their semi-regular console trade in promos through Saturday May 11. Stacks with extra 10% trade credit for Pro members.

Note that the trade values on their website do not reflect the extra promo credit.

Some examples:

Nintendo Switch Lite console with a base trade value of $75 ($82.50 for Pros) would net $100 of trade credit ($107.50 for Pros)

Playstation 5 disc console with a base trade value of $300 ($330 for Pros) would net $350 of trade credit ($380 for Pros)

Xbox Series S digital console with a base trade value of $175 ($192.50 for Pros) would net $200 of trade credit ($217.50 for Pros)

https://www.gamestop.com/trade/?cgid=consoles
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Created 05-05-2024 at 11:14 AM by VX1980
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Joined Aug 2009
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> bubble2 228 Posts
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VX1980
05-05-2024 at 12:06 PM.
05-05-2024 at 12:06 PM.
Also note that GameStop is still running their spend $250 save $25 promo. So if you're trading in a console toward the purchase of a new one that costs >$250, that's some extra savings right there. For example, Pro members trading in a PS5 disc console would effectively have $405 credit toward a new console purchase.
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VX1980
05-05-2024 at 12:07 PM.
05-05-2024 at 12:07 PM.
Quote from KamikazeKnifer :
Obligatory reminder that they lower the trade credit, compared to the day before, when these promos go live to compensate. Net trade value ends up being about the same.
The trade values are still the same as they've been the entire past week. They have not been lowered for this promo.
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vsauce
05-05-2024 at 12:09 PM.

Our community has rated this post as helpful. If you agree, why not thank vsauce

05-05-2024 at 12:09 PM.
The issue is now you're stuck with Gamestop credit
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Joined Aug 2009
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VX1980
05-05-2024 at 12:14 PM.
05-05-2024 at 12:14 PM.
Quote from KamikazeKnifer :
Go trade in your system and report back with the trade receipt. 🫡
I don't understand what you have to gain by spreading false information. As stated in the OP, the trade values on their website do not reflect the extra promo credit. Anyone who doubts this can call their local store to confirm.
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Last edited by VX1980 May 5, 2024 at 11:43 PM.
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Skellington
05-05-2024 at 12:18 PM.
05-05-2024 at 12:18 PM.
Quote from VX1980 :
Also note that GameStop is still running their spend $250 save $25 promo. So if you're trading in a console toward the purchase of a new one that costs >$250, that's some extra savings right there. For example, Pro members trading in a PS5 disc console would effectively have $405 credit toward a new console purchase.

Are you saying I could buy a used PS5 Pro for$175 and get trade-in credit at GameStop for $405? If so, does that credit ever expire?
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Joined Aug 2009
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VX1980
05-05-2024 at 12:23 PM.
05-05-2024 at 12:23 PM.
Quote from Skellington :
Are you saying I could buy a used PS5 Pro for$175 and get trade-in credit at GameStop for $405? If so, does that credit ever expire?
Not quite. You can buy a used PS5 disc console (the trade in values are slightly lower for the digital console) and get $380 trade credit (if you're a Pro member, $350 for non-Pros). And if you apply that trade credit toward the purchase of a new console (or anything else) over $250, you get an additional $25 in savings. As far as I know, the credit never expires. And the $25 off $250 is a permanent promo, at least for the time being.
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Skellington
05-05-2024 at 12:27 PM.
05-05-2024 at 12:27 PM.
Quote from VX1980 :
Not quite. You can buy a used PS5 disc console (the trade in values are slightly lower for the digital console) and get $380 trade credit (if you're a Pro member, $350 for non-Pros). And if you apply that trade credit toward the purchase of a new console (or anything else) over $250, you get an additional $25 in savings. As far as I know, the credit never expires. And the $25 off $250 is a permanent promo, at least for the time being.

There's one on FB Marketplace near me for $175 right now (disc version). If everything is in good working order and I give it a cursory clean, would I get a full price trade-in for it? I'm new to this, so I'm not really sure how GS trade-ins work.
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VX1980
05-05-2024 at 12:32 PM.
05-05-2024 at 12:32 PM.
Quote from Skellington :
There's one on FB Marketplace near me for $175 right now (disc version). If everything is in good working order and I give it a cursory clean, would I get a full price trade-in for it? I'm new to this, so I'm not really sure how GS trade-ins work.
Yep, you should. There are things they might make small deductions for, such as if it's missing items (cords, stand) or if the controller has stick drift. But YMMV on that, as some employees will sometimes overlook those things and give you the full credit. I did the same thing about a month ago, bought a cheap disc version on Facebook and traded it in. It was missing the stand, which is supposed to be about a $5 deduction in the trade value, but they gave me the full value anyway.
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MellowGoat733
05-05-2024 at 12:34 PM.
05-05-2024 at 12:34 PM.
Quote from Skellington :
There's one on FB Marketplace near me for $175 right now (disc version). If everything is in good working order and I give it a cursory clean, would I get a full price trade-in for it? I'm new to this, so I'm not really sure how GS trade-ins work.
Sure but at $175 I would be highly cautious. Send to good to be true. Make sure to ask them to take a video of them turning it on, inserting a disc and playing it for a few minutes, and most importantly... Connecting to PlayStation network! I wouldn't be surprised if the console is banned.
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VX1980
05-05-2024 at 12:39 PM.
05-05-2024 at 12:39 PM.
Quote from MellowGoat733 :
Sure but at $175 I would be highly cautious. Send to good to be true. Make sure to ask them to take a video of them turning it on, inserting a disc and playing it for a few minutes, and most importantly... Connecting to PlayStation network! I wouldn't be surprised if the console is banned.
Good advice. I spend a lot of time looking at video game stuff on FB/OfferUp and have noticed it's rife with scams on consoles. Be wary of anyone who won't let you test the console first, and especially anyone who asks you to send them money before meeting up. But every once in a while, you will find someone who is actually just offering a good deal.
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Skellington
05-05-2024 at 12:48 PM.
05-05-2024 at 12:48 PM.
Quote from VX1980 :
Yep, you should. There are things they might make small deductions for, such as if it's missing items (cords, stand) or if the controller has stick drift. But YMMV on that, as some employees will sometimes overlook those things and give you the full credit. I did the same thing about a month ago, bought a cheap disc version on Facebook and traded it in. It was missing the stand, which is supposed to be about a $5 deduction in the trade value, but they gave me the full value anyway.

Seems like a good way to buy a used one, and then buy a new one for cheap. Assuming I buy a PS5 Slim (disc) for $175 + $25 (Pro Membership) I'm out $200. Trade in for $330 store credit, nets $130. Buy a new PS5 Slim digital) for $390. The total cost of PS5 Digital Slim, accounting for all debits and credits, would be ~$260 (~$307 for PS5 Slim disc). That seems like a pretty good deal if I'm doing my math right. Feel like double checking my math? And thank you for all your responses thus far.

*(Edited for variables and clarity).
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Last edited by Skellington May 5, 2024 at 01:00 PM.
Joined Aug 2009
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VX1980
05-05-2024 at 01:04 PM.
05-05-2024 at 01:04 PM.
Quote from Skellington :
Seems like a good way to buy a used one, and then buy a new one for cheap. Assuming I buy a PS5 Slim (disc) for $175 + $25 (Pro Membership) I'm out $200. Trade in for $330 store credit, nets $130. Buy a new PS5 Slim digital) for $390. The total cost of PS5 Digital Slim, accounting for all debits and credits, would be ~$260 (~$307 for PS5 Slim disc). That seems like a pretty good deal if I'm doing my math right. Feel like double checking my math? And thank you for all your responses thus far.

*(Edited for variables and clarity).
Yeah no problem, and that sounds about right. People justifiably crap on GameStop and their Pro membership for a lot of reasons, but if you're resourceful and wait for them to run the right promos, you can really get things to work out in your favor. I have "made" hundreds of dollars off GameStop just in the past couple months mostly by scouring FB/OfferUp for cheap stuff and trading it in for considerably more credit than I spent.
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Last edited by VX1980 May 5, 2024 at 01:10 PM.
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