The Xbox Series X is finally here! While you boot up those next-gen games and fall in love with ray-tracing, your Xbox One console will sit there collecting dust until you decide what you're going to do with your old console.
One of the most popular things people do with their old consoles, aside from donating them to charity, is trading them in.
So, here we are to help....
Where can you trade in your Xbox One?
The main places you can trade-in your current Xbox One in the UK are CEX and GAME.
However, GAME is currently not accepting online trade-ins, and with the store's closed until the UK's second lockdown ends, you won't be able to sell your console there just yet.
CEX, however, is still buying old products through a 'Drop & GO' system in its stores across the UK, meaning that as it stands you can sell your Xbox One to a retailer.
There's also the matter of how much you'll actually get for your console.
Is it worth it to trade in your Xbox One for an Xbox Series X?
As expected, prices for the Xbox One console range have plummeted since the release of the Xbox Series X console. According to the CEX site, you can currently sell your Xbox One console for somewhere between £70 and £80, depending on its condition, storage capacity, and whether you still have the box. When we previously checked these prices before the Series X's release, the Xbox One could be sold for roughly around £100.
An Xbox One S will net you between £80 and £100, while the Xbox One X can be sold for between £100 and £120. Selling the Robot White or Gears of War versions, however, will increase the amount you can get for the One X console. Again, when we check these prices on CEX previously, they were higher and could keep falling in price as more people try to sell their console.
Given the Xbox Series X costs around the $499 (£459) mark, that means you could cover anywhere between 17% and 25% of that cost by trading in your console.
It's worth noting that you'll also get a significantly larger amount of cash if you trade in your console for CEX vouchers. However, if you're wanting to use those vouchers to fund a Series X or Series S, the CEX website currently says "WeSell for £690.00" for the Series X and "WeSell for £250.00" for the Series S. These prices are likely subject to change, however, as it's unlikely many people have traded in their next-gen console to CEX, demonstrated by the 'Out of Stock' notices on these products.
Aside from the money you'll get from the console, is it worth trading in your console?
Should you trade-in your Xbox One?
With backwards compatibility for all Xbox One games, you don't need to worry about not being able to play your favourite Xbox games on the Series X. Microsoft has confirmed that thousands Xbox One, Xbox 360 and original Xbox games will all work on their new console.
Thanks to Smart Delivery, these games will also see significant graphical and performance upgrades, making the Series X the ultimate way to play any Xbox games.
However, there are still questions to be asked as to whether it is worth trading in the Xbox One to upgrade to the Series X.
One of the main reasons people splash out on a new console is that the old console is rendered useless as it cannot play the latest games. Microsoft has confirmed that with Forward Compatability, you'll be able to play the latest Xbox games, including the delayed Halo Infinite, on both the Xbox One and Series X.
With the new Project xCloud streaming service now available, you may find the Xbox consoles to be redundant, instead opting to play all the latest games on your PC or mobile.
While the choice is ultimately yours, we'd recommend holding onto the Xbox One as a second home console, perhaps placed in a different room, just in case you fancy a change of scenery.
Should you trade-in your Xbox One for an Xbox Series S?
The Series S, with a price point of just $299/£249, seems like a perfect choice for anyone wanting to make the shift to next-gen without breaking the bank.
Games on the Series S will see a significant upgrade compared to the Xbox One, making use of the powerful next-gen architecture found in the Xbox Series X. While it won't be as powerful as the Series X in terms of raw specs, this is reflected in the significantly lower price.
There are a few caveats. The Series S comes without a disc drive, meaning that if you're part of the dying breed of physical game owners, your Xbox One games might not work with your new console. Given Xbox's shift to Game Pass, however, this problem may gradually disappear as Xbox looks to focus on this service instead.
The Series S also has a much smaller storage capacity than the Series X, meaning that you might struggle to fit as many games on your console without an external drive, especially given the size of most modern games, although if xCloud's game streaming feature makes its way to console gaming, this could again be an issue of the past.
Should you trade-in your Xbox controller?
With a new console comes a new controller. The Series X controller looks to be a fantastic piece of gaming kit, but we'd hold off on discarding your Xbox One controller for now.
Microsoft has confirmed that the Xbox One controller, including the Elite Version, is fully compatible with the Xbox Series X. This is in line with Microsoft's next-gen philosophy of not leaving anyone in the current-gen behind, supporting forwards compatibility.
Even if you intend to use the Series X controller, having a spare Xbox One controller could be especially useful when it comes to xCloud streaming, which supports the Xbox One controller.