Microsoft's Xbox All Access now includes Scarlett Upgrade Options (Installment Payment Plan)

Discussion in 'Console Industry' started by PSman1700, Oct 28, 2019.

  1. PSman1700

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  2. Shifty Geezer

    Shifty Geezer uber-Troll!
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    That's not a strategy. It's a hire-purchase agreement with trade-up option, irrelevant to existing customers or those who buy a console direct.
     
    #2 Shifty Geezer, Oct 28, 2019
    Last edited: Oct 28, 2019
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  3. AzBat

    AzBat Agent of the Bat
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    Hire-purchase must be a British term.

    Tommy McClain
     
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  4. Shifty Geezer

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    Yep. 'Installment plan' in US?
     
  5. AzBat

    AzBat Agent of the Bat
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    As there is no up-front cost(deposit or down payment) I don't see it as an Installment plan. Maybe rent-to-own?

    Tommy McClain
     
  6. turkey

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    Lay away? Is that the US phrase?

    Edit, nope exactly the opposite. :/
     
  7. AzBat

    AzBat Agent of the Bat
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    Kind of. With layaway you don't get the item until it's paid in full. Plus the cost is just the retail price. This deal costs more than retail. They say no APR(annual percentage rate) for 24 months, but the interest is already included in the monthly payment. When it's paid in full it will cost you $743.76 for the Xbox One X & 24 months of Game Pass Ultimate. That's a mark-up of $115 over 24 months or an extra $4.79/mo. So it's more like rent-to-own, but the upgrade mid-contract is what sets it apart. After 12 months you've only paid $371.88 & you get Scarlett at launch. If Game Pass Ultimate wasn't included I would say it was a bad deal. The Xbox One S & Xbox One S All-Digital Edition are definitely not worth it.

    Tommy McClain
     
  8. AzBat

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    Small print....

    If you don't have good credit, then I doubt you'll qualify. Plus, it looks like shipping and taxes may be extra. :/

    Also, look at what happens if you do the upgrade at 12 months...

    Scarlett will cost you $371.88 the first 12 month + another $743.76 for the next 24 months. Or a total of $1115.64. If you had paid full $14.99/mo for Game Pass Ultimate that means Scarlett costs you $576. Could be a good deal?

    Tommy McClain
     
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  9. Shifty Geezer

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    But you don't know what you'll have to pay to get Scarlett?
     
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  10. AzBat

    AzBat Agent of the Bat
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    Actually you do. After 12 months you would have paid $371.88 & then you're required to start another 24 month contract. At $30.90/mo that's another $743.76. Or $1115.64 after 36 months.

    Tommy McClain
     
  11. Shifty Geezer

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    Okay. Those prices weren't talked about in the EG article. Can't find them online either. ;) If we have the price for Scarlett purchase, we can get its RRP. Have you a link to that $30.99 for Scarlett? Are you assuming the same price as for the XB1X? That'd place the hardware price for Scarlett as the same as XB1X now, $500 - I doubt MS will be discounting the box to Access buyers.
     
  12. AzBat

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    Get the skinny directly from Microsoft... https://www.xbox.com/en-US/xbox-all-access

    My assumption is that the new 24-month contract after the upgrade is the same as the Xbox One X monthly contract price of $30.99. If it was something different I'm sure the small print would have mentioned it. If it's more then could open them up to litigation for not making that clear in the terms. BTW, I've always thought Scarlett price would be the same as Xbox One X.

    Tommy McClain
     
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  13. AlphaWolf

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    $20 upgrade fee from all digital, subject to change.

    Clear as mud.
     
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  14. AzBat

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    Nice catch. $20 upgrade fee seems fair. But it still doesn't say exactly what the new monthly contract amount would be. Like I said the simplest answer is it's the same as the Xbox One X.

    Tommy McClain
     
  15. Silent_Buddha

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    To be fair, one should be comparing the cost to how much it would be to take out a loan to buy an XBO-S with Ultimate Game Pass and then later another loan to buy a Project Scarlett box with Ultimate Game Pass.

    That is effectively what is happening here with the exception that Microsoft is using CitizensOne to underwrite the loan rather than the consumer choosing who to take out a loan from.

    Regards,
    SB
     
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  16. PSman1700

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    Risky for MS to launch a base console at 499?
     
  17. AzBat

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    Except nobody goes to their local bank to get a personal loan to buy goods like that anymore. You either use a credit card(personal or store-branded) or buy from a local rent-to-own retailer. Both ways are at opposite sides of the cost spectrum.

    Tommy McClain
     
  18. anexanhume

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    But you would have had X and GP for 12 months at that point. It’s not as if it’s all cost of the Scarlett.
     
  19. AzBat

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    Well the wording was this...

    If you buy an X & GP for 12 months you get a Scarlett. ;)

    If he meant total cost of ownership, yes, that's different. It's not yours until the 36 months of payments are paid.

    Tommy McClain
     
  20. PSman1700

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    Would rather buy it in a local store without this plan, if i would be buying an xbox and it's 400 dollars.
     
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