Quote:
Originally Posted by PepsiFree
24-month financing preys on lower income people and splits the cost over a longer period to give the false sense of it being affordable, when in actuality it will cost more money over that time for most people.
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In most cases where an 'admin fee' is charged, sure, you'd be right because the 'admin fee' is basically interest paid upfront.
But if there are no fees (which the article says there aren't any), and you want an XSX and Game Pass Ultimate, then you save $50 after taxes over the 24 months versus buying outright. There is no scenario in which it will cost more over the same 24 month period. In a case like this where you are getting a true 0%, then IMO it's always better to use someone else's capital for free and putting yours to work elsewhere.