SvennoJ said:
Adinnieken said:
SvennoJ said:
Adinnieken said:
VGKing said:
This is a rip off. I'm sorry but it's true. $450+ for an Xbox 360 is ridiculous.
Instead of decreasing the price, Microsoft is increasing it.
I pray to god that people are smart enough to do simple math.
All you need to do is provide games for your console and people will buy it. If you are concerned about the install base of your console, decrease the price! This is how this works. Don't fool people into thinking your console is cheaper than the others and trick them into paying monthly fees.
/rant |
250GB Xbox 360 w/Kinect & 2 Years of Xbox LIVE Service = $519
250GB Xbox 360 w/Kinect & 2 Years of Xbox LIVE Service on plan = $150 + $360 = $510
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Last time I checked a 250gb 360 w/Kinect costs 349,-
And everytime you say something about Live costing $60 a year people declare you an idiot for paying that much...
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If you read the press release from Microsoft, you would have read that under the payment plan, the 250GB Xbox 360 w/Kinect bundle will cost $150 + $15 per month for two years for Xbox LIVE.
I'm stating the current retail price. You can't walk into every store and get the Xbox 360 250Gb w/Kinect Bundle for $350 or the Xbox LIVE 12-month subscription card for less than $60. Not every person can get the best price.
Obviously, if people can afford to layout at a given point the money necessary for an Xbox 360 Bundle on sale, then more power to them. But not every person is in that position. At a relative interest rate of 9%, buying the console at $100 or $150, plus $15 a month is an affordable solution.
So you're not confused, the price isn't + + 9% Interest APR. It's just + , but the increase in and difference in price equals out to roughly 9% in interest. Which last time I checked was FAR less than rental services, and most credit cards.
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I just looked up the current price on bestbuy.com, same store that's going to offer this plan.
Plus you get 50% off on a 3 month xbox live card, and don't you get a free month with a new console to start with?
And they offer a 6 month payment plan with 0% interest. Ofcourse if you don't pay on time, you're probably screwed.
Anyway it's not for me. And if you're strapped for cash, why not shop for a refurbished model, wait for black friday or look online at the local ads. Seems just laziness to me.
I guess it gives you some peace of mind since I assume you will get a guaranteed replacement if it breaks during those 2 years? That's the only reason I'm renting a setop box, I'm on my 5th now. I think those Cisco Explorers must have a worse service record then early 360's.
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The challenge is that you have to qualify for the credit card. Not everyone qualifies for the credit card, and not everyone has enough liquid cash to purchase the console outright. The payment plan requiest 1/3 the initial investment outlay at the expense of a higher per month cost. For some people that higher per month cost is easier to afford.
There are a lot of deals that aren't always the best choice financially, car leases for example or worse trading in a car after three years of ownership. Regardless there are some people who for them it works.
