Thurott: $299 version of Xbox v.Next will come with a $15/mo XBLG sub, not $10
- Thread starter Nero3000
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SmokedMeat
Gamer™
The person using the credit card is getting screwed over by CC companies with an astronomical finance charge of up to 30%, and still having to pay for Live seperately.
Unless you can pay the thing off in one month you'll be paying more money.
I'm really hoping the PS4 has a model that launches at least $450.00. I have no problem going day one at that price. But fuck all of these contracts and monthly fees where you end up paying out the ass over the long haul. I just want to buy it a reasonable price and have it be mine.
ManUtdRedDevils
Member
I can't wait for the inevitable articles of people repoing Xbox 720s. That will be fun.
Paying $500 is the way to go unless you plan on investing the $200 and making 10% off of it each month which is unlikely.
Paying $500 is the way to go unless you plan on investing the $200 and making 10% off of it each month which is unlikely.
Miles Quaritch
Member
That is insane. What's the reasoning/justification for doing such a thing? You've already paid full market price for the phone, what right do they have to lock you into a 24 month contract?
Zombie James
Banned
A $659 commitment for just a console and no games? Way to make the PS3 launch look cheap.
isnt just the american middle lower class....i think that this credit model work in every part of the world...
and honestly i dont see nothing wrong with it..
if u can ...pay it in one time
if u cant
subsize itDoes Canada cell phone services actually charge extra $40 for those under contract? lol
In the US, if you don't ever plan on leaving your cell phone service, it's actually cheaper to take advantage of the contract discount price vs buying the phone straight up at an unsubsidized price then paying the same monthly charges for two years.
In a world post May 21st.
D
Deleted member 47027
Unconfirmed Member
Sony's...gonna be Sony. I hope they do have a model like this and it's as easy to sign up and get, because MS is going to slaughter them at the Poor Folks Gates and that's where a lot of people buy in.
I think it's pretty up in the air on whether or not this will work out well for Microsoft.
Yes consumers pay more money all the time to subsidize things like the cost of smartphones.
But this is a video game console. Do you think Jimmy's mom wants to also have to get a contract for his new Xbox? For 'video games'? She didn't want to for the normal 360, because I'm fairly certain the $99 Xbox 360 with contract didn't do well at all. I don't think we ever sold a single one at the GameStop I worked at. No one wanted to be bothered paying a contract for a video game console.
Not to mention all the parents who don't regularly pay for Live. This is $160 more expensive to them.
For the older demographic, I don't think it will make much of a difference. I think most will just get the $500 model. If you have shaky finances and don't want to wait and save up another $200 to get the unsubsidized model, why would you feel more confident in your finances adding another bill on top of all of your other bills every month? Giving yourself another 2 year financial burden? That could potentially compromise your ability to pay other bills, or at least wouldn't be a high priority and you'd end up in trouble for skipping on your M$ payments.
If you can comfortably add $15 a month to your bills, why not just get the $500 model and be smart about it and save the money? In any case, you were buying the system regardless at this point.
Yes consumers pay more money all the time to subsidize things like the cost of smartphones.
But this is a video game console. Do you think Jimmy's mom wants to also have to get a contract for his new Xbox? For 'video games'? She didn't want to for the normal 360, because I'm fairly certain the $99 Xbox 360 with contract didn't do well at all. I don't think we ever sold a single one at the GameStop I worked at. No one wanted to be bothered paying a contract for a video game console.
Not to mention all the parents who don't regularly pay for Live. This is $160 more expensive to them.
For the older demographic, I don't think it will make much of a difference. I think most will just get the $500 model. If you have shaky finances and don't want to wait and save up another $200 to get the unsubsidized model, why would you feel more confident in your finances adding another bill on top of all of your other bills every month? Giving yourself another 2 year financial burden? That could potentially compromise your ability to pay other bills, or at least wouldn't be a high priority and you'd end up in trouble for skipping on your M$ payments.
If you can comfortably add $15 a month to your bills, why not just get the $500 model and be smart about it and save the money? In any case, you were buying the system regardless at this point.
Of All Trades
Member
The premium that Microsoft gets is tying people into their ecosystem for two years, just like Google/Apple on phones, and I'll be shocked if the 720's XBLA doesn't crossover somehow with Win8/WP8.
SneakyStephan
Banned
Bahaha, did you use newegg prices to calculate that?
There is nooooo way it costs 450 dollars in parts.
isnt just the american middle lower class....i think that this credit model work in every part of the world...
and honestly i dont see nothing wrong with it..
if u can ...pay it in one time
if u cant
Yep, nothing wrong with charging the folks that are already struggling financially more for the same thing. What, you're not well off financially? Well then here's your massive interest rate! Enjoy remaining poor sucker.
RPGCrazied
Member
Eww. No thanks.
I want a cheaper 360, I hope they can get them to $99 when the 720 comes out.
I want a cheaper 360, I hope they can get them to $99 when the 720 comes out.
No i know how it works. It's not a terrible financing deal. My point was, you're paying more.
And for me? I haven't paid $60 for a live sub since the original Xbox. For me it's more like
$569 ($499 + 2 years at $35) vs $659 ($299 + $15 * 24) .. That isn't a good deal at all. It's almost $100 more to buy it subsidized.
Will people buy this? yes. Is it a good deal? Hell no.
Black Mantis
Member
My wife has her own account on my 360 and when my daughter is a bit older, she'll have her own too.
MightyHedgehog
Member
They want more software/services/accessories revenue to fill in the the rest of what a potential consumer will buy when getting their new system. When you're only paying a fraction of what it costs upfront, you're likely to be buying more to go with it upfront. Who buys a console by itself when the whole real reason you're looking at the product is to get the software and services that are exclusive to it.
Not sure why there's so much white knight bullshit about this sort of payment option. If people don't like the bottom line when working out what it costs to enter into this kind of contract, they can still use their credit card to do the same. They can still take out a small loan. They can go to a Rent-A-Center or similar. They can still save up. They can also just wait until the price comes down. Lots of options still available. This one is just already popular. But those poor people...oh, they're poor because of this. Hey, let others do what they want since they're responsible for their own finances.
Not sure why there's so much white knight bullshit about this sort of payment option. If people don't like the bottom line when working out what it costs to enter into this kind of contract, they can still use their credit card to do the same. They can still take out a small loan. They can go to a Rent-A-Center or similar. They can still save up. They can also just wait until the price comes down. Lots of options still available. This one is just already popular. But those poor people...oh, they're poor because of this. Hey, let others do what they want since they're responsible for their own finances.
SmokedMeat
Gamer™
Y'know, considering all of the cross gen releases, I'm considering just sticking with current gen gaming for another year.
It's not a matter of I can't pay $450-$500 for a console, but rather I don't want to.
It's not a matter of I can't pay $450-$500 for a console, but rather I don't want to.
Or you could get a PS4 and spend the money for XBL on actual games.
Even more than $600, good luck with that.
What do you think the alternative is? It isn't the contractor's fault. It's the "poor sucker" who was stupid enough to compromise his financial situation by buying something before he can afford it.
Are Microsoft and other contractors supposed to offer contract deals that are cheaper than paying upfront? That makes zero business sense.
Rockandrollclown
lookwhatyou'vedone
But its not a massive interest rate. Its $40 over 2 years. Thats not even signifigant for people on minimum wage.
its a deal coz u will not feel that 15$ ...while theres a big price difference between 499 and 299
here in italy maybe will be 10/12 euro....damn 12 euro r two gin tonic in a bar...no one will FEEL they r paying more...also if at the end they r doing it ........it work ..coz it work like this
Not hearing any good news about this upcoming X-Box. No way I want to get locked in like that. I resent signing up to gold to play the odd MP game and then all the hassle to get out of it when I'm done.
It's like every four months you have to buy a game from Microsoft that you don't get.
It's like every four months you have to buy a game from Microsoft that you don't get.
I don't know, I guess I can't get too worked up about this. Assuming I can still get deals on Xbox Live subs, I'd be paying $579 for the console and two years of Live if I paid up front. $660 under the subscription model. Ehhhh. It's not a giant rip off. It's not nearly as bad as the racket cell phone companies have. It's not as bad as like Rent-A-Center. I could probably afford the console on its own but I could see myself doing it just to spread the damage over a couple years, you know, if I felt like buying it.
I guess I can't get outraged about this.
I guess I can't get outraged about this.
it'll be like a gentle breeze blowing through your bank account every month...
if they will do something like this obviously the experiment was a success
la flama blanca
Banned
hahahahaha
well ...is something that u choose..........but honestly if in ur bank accout u dont find 15 dollars will be a disaster?
(obv u need to think that xbox user already know that they need to pay for xbl)
ps. anyway ahahahahah was a nice answer
EscoBlades
Ubisoft Marketing
If $15 a month is going to break the bank so to speak, i'd hazard a guess and say that person probably can't afford the cut price console in the first place.
maverick40
Junior Member
yankeehater
Member
I would rather pay it for over 2 years. An extra $40 isnt much for being able to spread the payments out of such a long time.
NeededSleep
Member
So if the system gets a RROD within a year do you still jeed to finish paying out the rest of the sub? Or is the system covered with a warantee for that lotted time too?
It's a $40 difference over 2 years. That means it will cost them an extra $1.67 per month to go this route so please stop being so dramatic. If they want to be smart, they will save their money and buy it in full with no contract and even buy live at the sale prices. Unfortunately most people probably don't do that and Microsoft is taking advantage of it. Not their fault.
Of course it's covered.
CrunchinJelly
formerly cjelly
The current $99 360 deal includes extended warranty for the period of the contract so I assume this would too.
Canis lupus
Member
Rofl I liked the idea of getting one for 299 and paying 10/month for the next 2 years even if I don't like paying for online, but at 15/month I'd rather buy it at 499.
ThoughtsOfSpeaking
Banned
It would amaze me if this caught on anywhere but the US. I mean people bring up mobile phone contracts but Nobody i know would sign up to a 2 year phone contract for a phone that wasnt free or close to free. The only exception is an iPhone at launch but even that gets reduced to free most on most networks after a couple months.
It may drive sales for a short time but most will buy the console outright overseas.
It may drive sales for a short time but most will buy the console outright overseas.
Maximilian Kolbe
Member
Next xbox rumour round up.
-No used games
-Always online required
-causes cancer
-6 months late in software+hardware
-focus on apps
-release in 2014
-But already decied the price and it's $500 or $660 for sub model
-Supports Terrorism
-No used games
-Always online required
-causes cancer
-6 months late in software+hardware
-focus on apps
-release in 2014
-But already decied the price and it's $500 or $660 for sub model
-Supports Terrorism
here in Europe all electronics have a 2 year warranty
Kabuki Quantum Lover
Member
My gut reaction was just raw anger but now that I've stepped back, I've realized that this is the most entertaining year in gaming in recent memory. Let the Carnival of Stupid commence.
MightyHedgehog
Member
There's a warranty that is part of the current and similar X360 plan. Why would you think it wouldn't come with one?
Microsoft needs the money more than you anyways.
Can Crusher
Banned
This is actually a really smart move. 15$ a month with live included for a next console at 300$ of the gate?
If it's competing against a 450$ - 500$ console, it's gonna do gangbusters. People underestimating this... man you're not seeing the picture at all.
If it's competing against a 450$ - 500$ console, it's gonna do gangbusters. People underestimating this... man you're not seeing the picture at all.
It doesn't strike me as a terrible deal if the unsub price is as outlined. Paying a little more is really what I would expect, and an extra 40$ over two years is basically nothing.
Sony would be pretty crazy not to offer something similar.
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