As of right now, what is a reasonable price for a used 8th generation console

Ps4 or Xbox one mostly

Looking at Craigslist a lot of people are only charging $120 or so for a console with one or more controllers,many with several games.

Is that a scam or is that fair? Those quotes sound low even though there consoles have been out for three years.

Try taking one to a gamestop, you’ll be lucky to walk out with 50 bucks of store credit. Those craiglist prices seem fair enough to me, just make sure the console works.

There’s a new Xbox One (or there will be, I’m not 100% on the timing) so even prices on new “old” X1’s are cratering and you can find 1TB unit bundles with games, $50 gift cards, etc included for $250-$275ish. I wouldn’t be surprised if people are turning over their old units to upgrade and/or finding that they have to sell their used units cheaper to compete with new unit pricing.

Edit: Slim model coming out this year, big upgrade model in 2017

August 2nd for the slim xbox one. Will have HDR and 4K blu-ray support, but is otherwise unchanged from the regular model (except smaller).

NewEgg is selling 500GB units with a free game for $210 via eBay with free shipping if you need a point of reference for why used ones are going cheap.