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Print 21 comment(s) - last by BillyBatson.. on May 11 at 9:59 PM


  (Source: slashgear.com)
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 Xbox Live Gold.

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.

Source: Microsoft Store



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rip off or not?
By kleinma on 5/7/2012 3:36:58 PM , Rating: 2
Really hard to say if this is a good deal until I would know what "extra content" you are going to get from the cable providers. As it stands, this deal is nearly 100 bucks MORE expensive than going to newegg and buying an xbox bundle with kinect AND 2 games AND a 250GB hard drive (instead of 4GB internal), since you can buy 2 years of gold at $48 a year on there. That is $4/month instead of $14.99/month.

Unless you are going to get comcast and fios content without having to be their customer, this is a ripoff, if it is somehow packaged that you get a bunch of cable content for your $15/month, it might be a good deal (assuming you don't already pay for cable, or have one of those providers already)




RE: rip off or not?
By Sazabi19 on 5/7/2012 3:41:36 PM , Rating: 5
It seems to me to be more of a type of "lay-away" mentality. Pay less now and still get your stuff, but there is almost an "intrest" being put on it for the spread out overall price, almost like buying it on credit. Just how I see it.


RE: rip off or not?
By retrospooty on 5/7/2012 3:52:09 PM , Rating: 2
No different than buying a cell phone. You get the $600 smartphone for $200 now with an agreement to keep paying x amount for 2 years.


RE: rip off or not?
By kleinma on 5/7/2012 4:27:52 PM , Rating: 2
except with a cell phone, you have no choice in the matter except for the carrier (and possibly which overpriced data tier you want to be in).

Here with xbl, you can get a 1 year subscription for 48 bucks and no obligation.

When you do all the math, it really doesn't work out in your favor, especially considering most people would want the model with a hard drive in it. That 4GB fills up pretty quick when you can buy full games with your shiny new subscription that are larger than your entire storage pool.


RE: rip off or not?
By retrospooty on 5/7/2012 4:33:11 PM , Rating: 2
"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?
By Mitch101 on 5/7/2012 4:51:09 PM , Rating: 2
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.


RE: rip off or not?
By StevoLincolnite on 5/7/2012 4:34:35 PM , Rating: 2
Not entirely correct, you can buy smartphones that aren't on contract or tied to a provider... The outlay is fairly hefty though.


RE: rip off or not?
By Samus on 5/8/2012 12:24:13 AM , Rating: 2
Although this is far from a good deal, it's a genius marketing move by Microsoft because it will A) forcefully increase the number of XBOX Live (Gold) subscribers, which is currently only 46% of XBOX owners and B) fit in well with the economy where many people don't have up-front cash for anything.

This is why prepaid cell phone plans are virtually non-existant in this country compared to other places where the concept of credit doesn't run culturally deep. Most places, people buy their cell phone (for a lot of money) and have a cheap, no contract plan and take care of their phone to keep it as long as possible.

I personally wouldn't do this deal, because I don't believe you should own 'toys' if you can't afford them. The only things that anyone should get a 'loan' for is a house and an education. Even vehicle loans are ridiculously impractical, if you can't afford to buy a $40,000 car, get a reliable used $4000 car until you can, this isn't an investment, it's a money pit. There is almost no circumstance a vehicle will ever appriciate in value, in the same way a cell phone or an XBOX won't, so why pay for it after its obsolete?


RE: rip off or not?
By kleinma on 5/8/2012 9:28:10 AM , Rating: 2
actually i would say prepaid cell service is non existant because it is super expensive and not easy to do something like take out a sim card that has your pre paid minutes on it and put it in some other phone. Even though it is prepaid, it is still all tied down like a regular plan.


RE: rip off or not?
By StevoLincolnite on 5/9/2012 4:16:10 AM , Rating: 2
quote:
The only things that anyone should get a 'loan' for is a house and an education.


Loans for an education? I assume you live in the states... But that seems ridiculous, is education really THAT costly you need a loan?
I recall only having to pay something like $3000 AU for college here, which isn't really worth getting a loan out for unless you're a low-income earner. (Even then the minimum wage is $15 an hour.)


RE: rip off or not?
By jRaskell on 5/9/2012 10:38:26 AM , Rating: 2
quote:
is education really THAT costly you need a loan?


Not sure what your definition of THAT costly is, but it's far more expensive than 3 grand (I assume that's annual).

State colleges average over 10 grand a year in tuition/room/board for 4 year degrees.

Private colleges, 2-3 times that (average). The more prestigious private institutions, even more.


RE: rip off or not?
By BZDTemp on 5/7/2012 4:40:48 PM , Rating: 2
I think this is Microsoft trying to get of their stock before introducing the next XBOX.

Maybe it's also a sign that Microsoft will not drop the 360 when the next generation is out which would be a reverse of what they did with the original XBOX. The future is hard to predict.

I for one see this is as really bad deal. It's too expensive and two years from a 360 will feel even more underwhelming than it does today. If cash is an issue then going for a second hand 360 is the better option.


RE: rip off or not?
By TakinYourPoints on 5/8/2012 11:42:01 PM , Rating: 2
Or it's just an experiment to see if partly subsidized sales are a viable option for their next console. Who knows, could work.


RE: rip off or not?
By NellyFromMA on 5/7/2012 4:52:07 PM , Rating: 2
It's no more a ripoff than purchasing a cell phone out-right vs subsidised costs with a contract. Nothing to get mad about here, it's another option.


This should work out well
By lightfoot on 5/7/2012 5:06:33 PM , Rating: 3
This should work out very well for Microsoft...

...because people are stupid.

Why pay now when you can pay MORE later??




RE: This should work out well
By shabby on 5/7/2012 6:05:06 PM , Rating: 2
America... fcuk yeah!


RE: This should work out well
By someguy123 on 5/8/2012 10:13:43 PM , Rating: 2
This is why I hope nobody buys into this. With phones, carriers tend to attach a decent subscription plan to phones regardless, so you may as well buy into a subsidized plan rather than buying an unlocked phone for $600 and still paying for the same plan. With this bundle, they've yet to announce anything improved over just buying the box, meanwhile the end price is also higher than retail and only nets you a measly 4gb storage.

If you're struggling and can only afford a $99 down payment, you should probably straighten out your priorities before buying a video game system.


By BillyBatson on 5/7/2012 9:41:14 PM , Rating: 2
First off I agree with retrospooty, there is no reason to be upset over this all it does is give you a choice they aren't taking the option to buy it outright away but no this isn't some sort of price cut or cheaper way to pick up a 360... Just another option.

This could be a way to get people to keep paying for an old system if the new Xbox is released within 2 years... BUT this could just be MS testing the waters to see if such a payment system could work for the 360's successor. If MS isn't able to sell the new hardware for the usual $200-400 and expects the cost to be higher this could be their way of releasing a $600+ system without the backlash that the Playstation 3 suffered. Aren't rumors saying that the following Xbox will heavily rely on a Live! Gold membership? Seems like cell phone marketing for sure but without the internet/data coming from another provider.




By ShaolinSoccer on 5/8/2012 7:52:06 PM , Rating: 2
quote:
First off, I agree with Retrospooty. There is no reason to be upset over this. All it does is give you a choice. They aren't taking the option to buy it outright away. But no, this isn't some sort of price cut or cheaper way to pick up a 360... Just another option. This could be a way to get people to keep paying for an old system if the new Xbox is released within 2 years... BUT this could just be MS testing the waters to see if such a payment system could work for the 360's successor. If MS isn't able to sell the new hardware for the usual $200-400 and expects the cost to be higher, this could be their way of releasing a $600+ system without the backlash that the Playstation 3 suffered. Aren't rumors saying that the following Xbox will heavily rely on a Live! Gold membership? Seems like cell phone marketing for sure but without the internet/data coming from another provider.


Now it's a bit easier to read...


By BillyBatson on 5/11/2012 9:59:58 PM , Rating: 2
lol much appreciated. That's what happens when you type on an iPhone and happen to hate proof reading lol


PS3 trolls and console haters...
By 1ceTr0n on 5/7/2012 9:54:30 PM , Rating: 2
They are coming.....




"It looks like the iPhone 4 might be their Vista, and I'm okay with that." -- Microsoft COO Kevin Turner














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