Buy a XBOX 360 Elite and Get $50 Back

If you still have not had a chance to buy the XBOX 360, now is probably the good time because for the price of $249.99, you will be able to get a XBOX 360 Elite with 120GB HDD. Well not exactly $249.99 because from the $299.99 price point, you will be getting a $50 rebate. Just like any other rebates, it can take weeks before you can receive your $50 back but hey, at least you’re getting an Elite for cheap!

This information has been confirmed by the Official Press Release:

Beginning today through Oct. 5, when you purchase an Xbox 360 Elite for $299, Xbox 360 will put $50 back into your pocket with a limited-time rebate. Coupled with the recent price drop of the Xbox 360 Elite console, this offer makes your premium games and entertainment experience more affordable than ever.

Xbox 360 Elite puts all your entertainment in one place so you can play games, watch movies and TV shows, listen to music, and, coming this fall, keep up with your Twitter and Facebook social circles, all from your living room. Additionally, with a Netflix unlimited membership and an Xbox LIVE Gold Membership you can instantly watch movies and TV episodes streamed from Netflix, recommend your favorite shows and share in a movie party night with up to 7 friends — all on Xbox LIVE.

And, as announced earlier this year, the Xbox 360 you buy today will work with “Project Natal” and controller-free gaming in the future.

You may be eligible for the $50 Mail-in rebate when you purchase an Xbox 360 Elite in the U.S. between Sept. 22 and Oct. 5. Visit for more details and rebate requirements.

With all the good games coming out for the XBOX 360 (Halo 3 ODST & Assassin’s Creed 2?), now is probably the good time to buy this console