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This was found on the Official PS3 forums (thanks to BufordKat). And I quote:

"OK, here's the deal. If you trade in two of your old PS2's they will give you $200 towards the purchase of the PS3 ($110 for the slim and $90 for the fat one). The deal goes from today till I think they said August 27th. So anyone holding off because they are to expensive and just happen to have two old systems, well, you just can't beat that deal. Anyways, just thought you might like to know. Happy gaming everyone!"

Although I don't need this deal anymore, I was hoping some of you on the fence would finally jump off.

two ps2s? do they have to work?

i'm not sure if that's a deal or offer going on right now, but my GC has nothing going on.

besides, from what i understand, it looks like a trade-in offer but nothing surprising.

not even hell of a good deal for me.

Originally Posted by alpo845 two ps2s? do they have to work?

My educated guess is that the PS2(s) would have to be working.

Exactly can they be broken. then deal seems okay.

Originally Posted by Bazz Exactly can they be broken. then deal seems okay.

Around my parts (northwest Illinois suburbs), the value of this trade-in is really good, since you can buy fat a PS2 for less than $85, and I'm guessing not too much more for slim a PS2.

Why would Gamecrazy want to hemorrhage broken systems? At $100 a pop? Think before posting, CAGs.

There's no way this can be true...

If it is, YMMV to the max.

$110 trade in for the PS2 Slim? and 90 DOLLARS for the PS2 fat? YEAAAAAH RIGHT!

I don't understand the deal. Why would they expect their customers to have two PS2s lying around?

when does this deal ends. so cause i can try to get them sooooon!!

Originally Posted by p0tempkin I don't understand the deal. Why would they expect their customers to have two PS2s lying around?

Ideally, if you did, you could possibly get a PS3 for that price.
Unfortunately, I just got off the phone with the GameCrazy by my house (Glendale Heights, Illinois).
The trade-in values I was quoted are:

Fat PS2 - $50
Slim PS2 - $60

These are the values, regardless of what you use them toward.
Sorry for the incorrect information, but maybe it could be different in other regions.

I called GC a while ago and said that I could get $44 for my ps2 fattie.

I'm probably gonna find 2 ps2s on craigslist for 50 bucks or cheaper lol....

Ok here's how the deal works:

You bring your PS2 (in working order) to your Local Game Crazy. Right now through 8/27 you get normal trade($60-slim $40-Fat) PLUS $50 as long as you use it towards the purchase of a PS3 or XBOX 360. It's a trade in bump to get you to come to Game Crazy. I believe you are only allowed to trade in one system with the bump. Not 100% positive on that but that is how the deal works.

Did I make sense there?

The deal is $50 off the price of a PS3, when you trade in a PS2 at normal trade in price. NOT a $50 bump up. For example: if you trade in a slim PS2 (-$60) toward a PS3 ($500- $50= $450) you would get it for ($450-$60) $390, then if you trade in a fat PS2 (-$40) the total would be ($390 - $40) $350..not $299. You only get one $50 off coupon per PS3 & like I said it is not a $50 bump up on the trade.
I hope this clears up some questions. If this is actually working for some stores then they are price overiding the PS3s, because it is only one coupon per offer. The computers wont let you double-dip.

i would do this considering once you have a ps3 you dont need a ps2. if they have 20gbs then it would make this deal even better. do if i get 90 for my fatie tih coupon i have to use it towards ps3 or 360. id do 360 in that case

Originally Posted by p0tempkin I don't understand the deal. Why would they expect their customers to have two PS2s lying around?

That is the question. If they won't accept broken consoles then the question is Why would they expect their customers to have two working PS2s lying around? A broken and working console are the most likely combination. I'm not in the market for a PS3 but I felt compelled to comment on the pure moronicness of this idea even though it appears to be dead.

I think half the people in this thread forgot to take their pills this morning.

Actually, it is true.

We're running a new promotion where you get an extra $50 if you trade in your XBox or PS2 towards the purchase of an XBox 360. Of course, no employee in the world will tie you down to getting a 360.

I caught wind of the sale when we got the flyers two weeks ago, but I didn't post it because I couldn't confirm the trade-in. I didn't know if we'd be giving $50 for the PS2 or $50 on top of the $40 we were already giving.

So yeah, it's true. But you need to buy an XBox 360. Or apparently, a PS3. The XBox should be getting $90 towards the purchase of a 360 or a PS3. The slim PS2 should be getting $110. The phat boy PS2 should be getting $90.

*reads replies* Oh, the above was already confirmed. I'm just confirming the confirmation.

//edit: The price is still $40 for an XBox, $40 for a PS2 and $60 for a slim. If you mention the promotion and that you're going to be getting a new system, there's a barcode for the employee to scan to give you the $50 bump.

But hey guys, be wary of getting an XBox 360 and ask to check the "birth" date on it. A local GC just received a shipment of about 20 360's, but they all had a November '05 launch date on them. That's right, we got a huge shipment of launch consoles last week.

Did you people seriously ask if they take broken systems? Wow.

which birth date should i be looking for? the most recent? crap, if i trade in my ps2 i cant play my ps2 games, ill just uninstall my softmod and trade in my xbox or my virgin xbox