Xbox One and PS4 games can be re-sold, confirms GameStop president

GameStop president Tony Bartel has confirmed that both PS4 and Xbox One games can be re-sold at its stores, following confusion of how the re-sale of games on both formats will work.

Speaking with Forbes, Bartel said, "Both Sony and Microsoft have said games can be resold and that's exactly what we anticipated. It's a recognised way to make these games more affordable. All three new platforms understand that.

"As people upgraded to PS3 they traded in their old systems and libraries, which is why Sony made the move to not support backwards compatibility with later iterations of PS3. That's why the 'buy, sell, trade' model works well. It enables people to purchase new games by trading in their old ones. We expect to see the same thing with this transition for PS4 and Xbox One. Trade-ins allow for a seamless transition."

The common belief is that chains like GameStop and Game make the bulk of their money through repeated sales, but Bartel said that 70% of the company's $1 billion market sales comes from the purchase of new games.

What do you make of the above? It's still not clarifying much is it? Let us know what you think below.

Thanks GI.biz.