đ° New article from Retro Handhelds
PlayStation Flex: Pay More, Own Nothing
https://retrohandhelds.gg/playstation-flex-pay-more-own-nothing/
PlayStation Flex: The âRent-to-Ownâ Trap Thatâs Not Even Close
Sony and UK rental firm Raylo have launched PlayStation Flexâa PS5 leasing program that sounds like a deal until you do the math. At ÂŁ9.95/month for 36 months, youâll shell out ÂŁ417.24 for the 825GB digital PS5âalmost as much as buying new (ÂŁ479.99)âbut walk away with nothing at the end.
Worse? The âcheapâ rate only applies if you lock in for three years. Go month-to-month? ÂŁ24.49/monthâthatâs nearly ÂŁ883 over three years⌠still no console ownership. And cancel early? Youâre on the hook for at least 20 months of payments, even if you bail.
The approval process? 60 seconds, soft credit check only. No income proof, no questions askedâjust easy access to debt for people already stretching their budget.
This isnât convenienceâitâs a modern rent-to-own scam, dressed up with greenwashing about âcircular economies.â Rayloâs already loaded up on ÂŁ180M in debt to scale this model, and itâs heading to the U.S. soon.
Bottom line: If you can afford it, buy used. If not, wait for a saleâor just save up. At least then, itâll be yours.
