Now is the worst time to buy a new Xbox

• With two new Xbox consoles scheduled to launch on November 10, there has never been a worse time to buy a current-gen Xbox One.
• The new Xbox consoles will do everything that the current Xbox One consoles can do, plus they'll be able to power next-gen games.
• Most critically: Both next-gen Xbox consoles cost the same price as the current ones, at $300 and $500.

When the next-gen Xbox consoles arrive on November 10, they will directly replace the current generation.

This is true for both price and functionality: The Xbox Series S and Xbox Series X cost the same $300 and $500, respectively, as the current-gen Xbox One S and Xbox One X. Moreover, the next-gen Xbox consoles duplicate the functionality of the current-gen consoles: They will play all your Xbox One games, and all the original Xbox and Xbox 360 games that your Xbox One would play, and it'll work with all your Xbox One accessories.

Both the Xbox Series S and Xbox Series X are, ostensibly, Xbox One consoles with additional functionality.

And in both cases, that additional functionality means being able to play next-gen games — games that look better, load faster, and occasionally run at higher resolutions than ever before on a game console.

But in addition to all of that, there's another great reason to wait for a next-gen Xbox instead of buying an Xbox One: The Xbox All Access program.

For $25 or $35 per month, you'll get a brand new Xbox Series S or X with a subscription to Xbox Game Pass Ultimate — a Netflix-like gaming service that allows you to download and/or stream hundreds of video games.

It is, to put it mildly, a tremendously good deal: If you fulfill the term of the contract, you walk away with an Xbox Series S or X that cost retail price and two years of Xbox Game Pass Ultimate at a big discount.

Moreover, you get a brand new next-gen Xbox console with no money down and a relatively low monthly payment plan.

Here's the math: $25 for 24 months is $600, and $35 for 24 months is $840. If you paid $300 for the Xbox Series S and $15 a month for Xbox Game Pass Ultimate, it would cost $660. If you paid $500 for the Xbox Series X and $15 a month for Xbox Game Pass Ultimate, it would cost $860.

By using Microsoft's Xbox All Access financing plan, you actually save money in the long run.

Or, alternatively, you could drop anywhere from $300 to $500 on the current Xbox One with just weeks to go until the launch of the next-gen Xbox consoles on November 10. But I wouldn't suggest it.

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