Bob

Xbox One “All Access” Financing Plan

Microsoft just announced an interesting “financing plan” for their Xbox One consoles.  The monthly charges include the cost of the console, as well as Microsoft’s online services.  Here’s the specs, with total price added:

Xbox One X – Starting at $34.99/month^ with Xbox All Access ($839.76)

  • Includes an Xbox One X console + 24 months of Xbox Game Pass and Xbox Live Gold 
  • 0% APR for 24 months^
  • No upfront cost 
  • Powered by Dell Preferred Account 

Xbox One S – Starting at $21.99/month^ with Xbox All Access ($527.76)

  • Includes an Xbox One S console + 24 months of Xbox Game Pass and Xbox Live Gold 
  • 0% APR for 24 months. No upfront cost.^ 
  • Save 20% with Xbox All Access 
  • Powered by Dell Preferred Account

So how does that compare to just buying the consoles outright and paying for the monthly services?  Let’s break this down, shall we.  The services it includes comes to $351.75:

Two years of Xbox Live Gold = $119.98

Two years of Xbox Game Pass ($9.99 per month, with the 1st month at $2) = $231.77

You can get a brand new Xbox One X  for $487.90 and a new Xbox One S for $282.85:

Here’s what that works out to if you include the monthly charges for the online services:

Xbox One X Bought Outright = $839.65 vs financed at $839.76

Xbox One S Bought Outright = $634.60 vs financed at $527.76

After totaling the numbers, things get pretty interesting.  While I’d prefer to own something outright and not be locked into an agreement, this could be a benefit to many other people.  First off, Xbox One S buyers would save about $100 by financing, which is a pretty great deal if you were planning on getting these services anyway.

Also, what if someone was going to buy all those things anyway and was looking for a way to build credit?  A 0% interest loan seems like a good way to do that and even breaking even with the Xbox One X might end up being a help in the long run.

Either way, it’s something to consider.  Available in-store only.  Check the link for details:  https://www.microsoft.com/en-us/store/b/xboxallaccess

 

#xbox, #microsoft

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