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redbox it 

a movie you would like to see but not enough to pay for a movie ticket.
that movie looks good but i think ill just redbox it.

i cant beleive i spent money on ticket for that movie, i should have waited and redboxed it instead
redbox it by charleyman101 January 7, 2010

Redbox it 

Referring to renting from automated DVD movie rental units called Redboxes. Redbox units are similar in size, and principle, to vending machines.
I didn't know that movie was out! Let's Redbox it!
Redbox it by ladyathena January 7, 2010
When a movie that is in theaters is good, but not worth the 10+ dollars you generally spend to see a theater movie. This term is used almost in a manner to rate the movie, using Redbox as the alternative (a $1 movie rental redbox.com)
"Hey, was The Informant good?"
"It was good for a Matt Damon film but not $13 dollars good. I'd redbox-it"
Redbox-It by p-killa September 23, 2009