killerzX on 27 June 2012
| sales2099 said: Many people dont see that this mirrors that of buying a house......you pay more with a downpayment then you do when you pay for the whole thing upfront. A downpayment now and paying off later costs more in the end because of interest. So offcourse many people here dont see this as a deal. Because its not meant for them, as we are too used to buying consoles upfront. This deal is meant for lower income families. They would end up paying more in the end, but the payment plan is done so that instalments are affordable to them. |
is the price of a house affordable enough for the average person to be able to buy it in full upfront. NO
same thing with cars.
you you dont take out a loan to pay for everyday "cheap" things like this.
could you imagine if you bought your groceries like this. Filet mignon, only $5!!!... with 24 easy payments of $4.99
