Make Cash from Selling Your Old Games Console

 

Make Cash from Selling Your Old Games Console

If you are short on cash, one of the easiest and quickest ways to generate some money is to sell some of your stuff. High-ticket electrical items, like games consoles, can generate a significant amount of money.

If you want to sell your Xbox 360, or other games console there are several options. Here we will consider the pros and cons of each approach.

Sell Locally

It is possible to sell your games console locally. Some gaming retailers will give you cash for your old console and games. However, most will give you vouchers rather than cash. This means that you are obliged to buy goods from them. If there is something that you actually want there and then from their shop this may suit you, because you can use the vouchers to buy what you want.

However, it is not wise to take vouchers if there is nothing you want to buy immediately. You have to bear in mind that businesses fold all the time, should that happen your vouchers would be rendered worthless. Even large multinational firms go bust, so think carefully before selling a used Xbox in this way.

The other problem is how much you will get for your old Xbox 360. Some shops pay well, but most do not, so before handing over your old Xbox check how much you could get elsewhere.

Of course, you could advertise it in your local supermarket or newspaper. If you are lucky you will sell it quickly, however, bear in mind that you could end up spending money on advertising your old games console and not actually succeed in selling it.

Be cautious when dealing with private individuals. It is not wise to accept a cheque; if it bounces, getting your money can be difficult. You even need to be careful when accepting cash. There are a lot of fake notes and coins out there, which can be difficult to spot.

Sell it Online

There are several places you can sell an old Xbox 360 on the web. It is possible to advertise them on classified sites like Craigslist. However, you will have to wait for a buyer, and once again will have to be careful about how you get paid. You have the added problem of having to find time to go to the post office to send the package off.

eBay, works well for most people, but bear in mind you will have to pay to list your Xbox. You will also be responsible for mailing it, plus, if the person says they have not received it you could end up with a refund being given to them by eBay. This will leave you out of pocket whilst the dispute is sorted out. If the decision goes in the favour of the buyer, you may never get your money.

As you can see, there are a lot of options when it comes to selling a used Xbox. Taking your time and doing your research is the best way to ensure that you get the best price possible for your old Xbox and games.

Alex Mathew
Alex Mathew

Latest posts by Alex Mathew (see all)

Advertisement