That really isnt a bad idea. It is alot of money.

Yeah, I think the $99 is the store's normal cut for a console plus the left over for MS. Then all further payments are to MS.

Still at $500 plus tax, that's a lot of years of small monthly payments to pay off $500, esp at $99 down. Even at $199 down it's going to take a while to pay off. What was MS doing for the 360 at $299? $99 down and $15/month for 2 years. So that's 2 years to pay off $200 + taxes and the rest for Gold, and probably a bit of interest too. They'd need at least a 3 year plan at $15/mth with $199 down, and at $99 down it would be a 4 year payment plan. 3 or 4 years is too long for most people to be attracted to such a deal, so they'f probably have to up it to $25/mth for 2 years, which isn't so small when looking at having to pay that for 2 years.

I don't think MS will start offering the payment plan option until Xb one is down to $399 or even lower.

Layaway is a good way to try to get more sales. And it means the retailer gets to hold onto the money, or sell the trade-ins, or offload store credit liability for several weeks before having to fork over the bulk of the money to MS. So a win-win. But it also means the retailer has to have the product in stock because the consumer can come in and pay off the balance at any time. So they would be fools to do it with PS4 just now as they probably can't guarantee stock will be there when the customer decides to pay off the balance. Later in the year when supply is more reliable they might offer layway for PS4. Though they will probably limit it, and cease to offer it in the lead up to Black Friday.

Thanks for share...

And about PS4? The supply level is increasing at Gamestop? Can people walk and buy it or there is limited quatity yet?

Something like "Consórcio" here in Brazil... a little different but the same thing.

The difference is that in Brazil we request these ways to pay  (remember they didn't have credict card with 3x, 6x, 12x, etc) and in US the stores offer it like a deal

and the winner for most popular post of the thread goes to....  BENV!

...but seriously, details.  we all need more details.  just one more hit and i swear we'll let you be forever.

What happen if someone change their mind and want their money back????

It doesnt seem to be the case : http://www.nowinstock.net/videogaming/consoles/ps4/

Not a good sign for Xbox one.

Is that legal in US? In Brazil they would have problems offering it for just one console, while keeping similar products out of it.

Here we call "venda casada" when you are obligated. To buy a service or product to get other.

It is not another product... it is a "Consórcio".

Gamestop is offering a pre-reserve of the console while the buyer pay (example) $100 per month... when he paid the full price of the console (in five months) he gets the console.

The difference in "Consórcio" here is that you can be raffled to pick up the product before to fully pay it.

You need to have a lot of units in stock to hold it for some months to a specific customer... PS4 is close to SOLD OUT so they can't reserve a unit to anybody.

In popular words... Gamestop is creating programs to people that didn't have the money buy a Xbone because they are not selling the amount of stock they received.