2 Year contract with XBOX and BestBuy. what that about?

I was looking online for XBOX 360 Consoles and saw that they are selling XBOX 360 4GB and 250GB system for 99 and 149 but with a catch. you have to pay 15 bucks a month for 2 years, what is that all about. I mean you can get the 12 month for 60 bucks why would u dish out 15 bucks a year for 2 years thats 360 bucks. why would you dish out that kind of month when the 250GB console with Kinect bundle is 350 at the store.

 

Discussion Info


Last updated July 4, 2018 Views 2 Applies to:

[quote user="LostKauz"]

Buyer beware. It's very little difference from a Rent a Center selling a HDTV for $19 a month for 56 months.

[/quote]

Some could agree with you LostKauz, but the difference between Rent a center and the Xbox deal, is you are paying about 140-150 dollars more for the Xbox and the 2 years service of Live. Which is what, an extra 50-55 percent increase on the total package.

Where as rent a center has a total mark up of about 300-400 percent total cost.

Buyer beware. It's very little difference from a Rent a Center selling a HDTV for $19 a month for 56 months.

It is mainly for people that do NOT have the money up front to spend 200-300 dollars on a gaming console all up front.

Lets look at the 4 gig deal.

$99 up front, and $360 2 years. bring to total $460.   vs. total $320 total.

Up front costs are $115.00 compared to $260.00 with a respective $165 first year additional costs vs 0 additional costs

So even in the first year, you are only paying $20.00 more for the Deal.

The second year of the GOLD is another $175.00. vs $60.00

It isnt a terrible deal for those that cant afford the upfront costs. Especially since they include the Kinect as an added value.

It is more like a payment plan in reality. Or Financing if you want to get technical with the term.

There are people who prefer to pay a monthy fee instead of the full cost up front. Microsoft tried this in their own stores and the reception was positive. They've since rolled it out to several other retailers.

 

Don't blame Microsoft. The people apparently wanted it.