Major price cuts ahoy for older model Xbox 360s

With a trimmer, sleeker Xbox 360 now on the market, prices for its older, more malfunction prone brethren have dropped significantly. Online retailers have started chopping $50 off the price tag for both the Arcade and Elite models, bringing them down to $149.99 and $249.99 respectively.

The UK is also set to see such cuts prior to the Xbox 360 slim’s debut in mid July – with price tags on brand new Elite models dropping as low as £149.99.

As much as this appears to be the ideal time to snatch up an Xbox 360 on the cheap; it’s worth mentioning that you’d still have to fork out extra for the system’s Wi-Fi connector, which comes as a built-in standard with the model.