My Xbox 360 got the 3 red rings of death, will i have to pay for the Xbox 360 repairs?
Most likely not. Microsoft extended the warranty on all new and old Xbox 360’s for 3 years. The three year warranty only covers for the “three lights flashing red” better known as the red rings of death which you got.
You will not have to pay to get your Xbox 360 fixed, all you have to do is call 1-800-4MY-XBOX (1-800-469-9269) if you live any where in North America. They will send you a special package to return your 360 for repairs. The process takes about 3-4 weeks. Microsoft had also said that they will payback people who paid for their own repairs.
If you want more information on Xbox 360 warranty go here.