Those trade-in deals at Game Stop and other retailers who are well-known for selling video game systems can look pretty appealing when the newest release is out and you’re hard-up for money. When it can knock as much as $150 – $200 off of the price of a new console, it seems like a great idea to bring in your old but still functioning and newly obsolete system to participate in their trade-in program, but believe it or not it isn’t really the best of ideas! There are a lot of reasons you might want to hold onto that system, and besides, when it comes to the first wave of a new video game console, it’s better to wait anyway. Sometimes the first shipments of the console still have a few bugs that can be pretty annoying to deal with so it’s better to wait a month or two to make sure they have all of the kinks ironed out.
Lack of Backwards Compatibility
Some video game consoles, at least the PlayStation 2 and the Xbox 360, used to be backwards compatible, but now that that feature has been removed in the newest generation of the consoles it’s no longer worthwhile to get rid of your old gaming systems. The lack of backwards compatibility means that once you get rid of a gaming system, you lose the capability to play that game unless you’re lucky enough and the game you want has been put on whatever online store the console uses. Unfortunately, many PS2 games haven’t yet made their way to the PlayStation network and the same goes for many GameCube titles haven’t yet made it to the Wii online store. You don’t want to get rid of the only way you have to play a game and sit around waiting for a time when it might hopefully show up for download and then you have the unfortunate side effect of, you know, having to buy it again.
Not Worth the Money
More often than not, trading in your old video game systems just isn’t worth the money. Giving them to a place like Vintage Stock will hardly get you a fraction of what of what you originally paid for the system and is sadly usually a fraction of what the system’s actual worth is at the time. Even selling it straight to another person secondhand usually doesn’t make it worth the money. Because you’re usually forced to undersell the system because you want people to buy it and they just have to take your word for it in regards to what the current quality of the system is, you end up losing out on so much money that you’re better off losing out on the $100 you might be making in a best-case scenario and keeping your system.
Basically, you should keep your old video game systems just to have them. If you have the storage space it’s a great idea to keep them even if they aren’t always hooked up. Especially if you have multiple rooms in your house with multiple televisions and you have children or other family members that wouldn’t be upset with inheriting an older, gently used system if it meant they got to have it in their room, it’s a great idea to keep old consoles instead of trading them in or just outright selling them. Even though digital gaming and digital downloads are becoming the more widely accepted way to experience games, nothing beats playing the actual disc on the original console it was meant to be played on. If you’re any sort of nostalgic gamer, keeping your old systems should be a no-brainer.