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You can trade in your Xbox in most game stores and some websites.
You can trade the Xbox 360 for store credit, and with that you can put it towards the new Xbox 360.
you can trade an xbox elite into game and get half price of the new xbox360 ! but you cant trade it and get a free one.
amazon has it for $52.23 on 8 April 2011 with free shipping and no sales tax for Xbox 360 game and lists the trade in value for $32 in an amazon gift card
Yes at a game store you can trade it in more money or games
game stop/pawn
About $120
You take a game or games in and they give you a trade in value, then you can select a game or two from there total inventory and pay the difference. What game you take in does not effect what console game you leave with a game for and you will likely always have to pay when bringing in a game to trade for a different game
I would be very surprised, original Xbox's are of extremely little value these days.
No only trade towards a PS3 you still need to purchase the PS3 after being given a trade in credit based on there lower trade in value for your model Xbox 360
$3.25 on Amazon.com who would will sell you a new game for $16 see related link
The trade in value at Gamestop depends on the version of Black Ops PC Wii AND DS games trade way lower than Xbox 360 and PS3 versions. It any case do not expect a high trade in cash value. Amazon Pays only $10 for the PS3 or Xbox 360 game on November 8 2011 even though it sells for $40 new today Amazon trade in value is higher now than it was 8 months ago now $14 for PS3 and $17 for Xbox 360 on August 13 2012