Microsoft Store Officially Posts $99 Xbox 360/Kinect Offer w/ 2-Year Service
May 7, 2012 3:22 PM
comment(s) - last by
There will be an early termination fee of $250 that decreases after 3 months
The Microsoft Store officially posted an offer for a
$99 Xbox 360/Kinect bundle
on its website.
Last week, rumors circulated that Microsoft was planning on selling a 4GB Xbox 360 bundle with a Kinect sensor and two-year Xbox Live Gold service subscription. The only catch was that there'd be a $14.99 monthly service fee for the service, but gamers would receive the
regular online gameplay features of an Xbox Live Gold subscription along with extra content from cable providers.
The total cost of the two-year bundle is $459, which is a bit of an increase from the current $418 4GB Xbox 360 and Kinect bundle with two years of
The Microsoft Store online published a redeemable coupon for the $99 bundle today, where offer code 885370366266 can be brought to a local Microsoft store in exchange for the latest deal.
Last week's report also noted that there may be an
early termination fee (ETF)
, but the amount had not been specified at the time. Microsoft has now confirmed that there will, in fact, be an ETF that is set based on the number of months passed after the start of the two-year subscription. If the service is terminated within the first three months, the ETF will be $250. At the fourth month, the ETF is $240. From there, the ETF decreases by $12 each month until it hits $0 at 24 months.
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RE: rip off or not?
5/7/2012 4:33:11 PM
"except with a cell phone, you have no choice in the matter except for the carrier "
With the X-box you have the choice to pay the normal cash up front and have no contract. I don't get the issue. Either buy it outright, or pay installments. or don't buy it at all. It's a choice, all you need to do is pick what suits you.
RE: rip off or not?
5/7/2012 4:51:09 PM
If the X-BOX 360 replacement comes out within the next 2 years its going to feel like your paying for old tech.
The Sony Orbis is rumored to be coming out this year along with Wii-U. Microsoft keeping you in a payment plan while these other consoles are released is an interesting plan if that's what this is really about.
There is a rumor that the 360s replacement was submitted for manufacturing but I think more would have been leaked by now so I think this payment plan is to keep you hooked into a console until a 360 replacement is ready. I have to say 2015 is too far out as originally mentioned. It would be a surprise this year but most likely next year holiday season we will see the 360 replacement arrive.
"There's no chance that the iPhone is going to get any significant market share. No chance." -- Microsoft CEO Steve Ballmer
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