Sony's new PlayStation 5 (PS5) rental program provides customers with easier access to next-generation gaming. UK customers can rent different PlayStation 5 models and accessories through a partnership between Sony and Raylo. Users have two rental options through Raylo: month-by-month or leases for periods of 12, 24, or 36 months.

Customers who select the PS5 Digital Edition through a 36-month lease can enjoy this console for £10.99 per month, which amounts to £395.64 for the three years. At the lease's end, options include returning the console, upgrading, or purchasing it, subject to Raylo's discretion.

The venture tackles affordability issues while fixing distribution problems which include PS5 scarcity and price reselling rates. Sony implements lower monthly instalments to reach consumers who cannot pay the standard purchase cost at once.

However, unlike Microsoft's Xbox All Access program, which includes ownership after the payment period, Sony's rental scheme does not automatically transfer ownership. The complete leasing payment amount throughout 36 months surpasses the market value of the console available at retail price during this time.

Gamers who desire recent Sony game tech through a cash-free arrangement can utilize the rental option as a flexible payment alternative.

FAQs

Does the rental program include ownership of the PS5 console?

The PS5 console remains property of Game and remains onsite at the end of every rental term under the program.

What are the available lease terms for the PS5 rental program?

A PS5 rental lease can be obtained through three options: 12 months, 24 months, 36 months and a rolling monthly payment plan.

How much does the PS5 Digital Edition cost on a 36-month lease?

The 36-month lease of the PS5 Digital Edition will cost you £10.99 per month.

What options are available at the end of the lease term?

Customers can return their console or purchase it at enrolled rates, which Raylo determines and sets at the lease expiration according to their terms.