Console gamers might not necessarily become console owners, as Sony's PlayStation UK division is experimenting with leasing the PlayStation 5. The lease starts at £9.95 per month and varies depending on the console version. This plan involves a 36-month lease for a PlayStation 5 Digital Edition with 825 GB of storage. Opting for a shorter lease, such as 24 months or 12 months, increases the monthly cost to £10.49 and £14.59, respectively. Other versions of the PlayStation 5, like the PlayStation 5 Pro, as well as accessories such as the DualSense Edge Wireless Controller, PlayStation VR2, and PlayStation Portal Remote Player, can also be leased for an additional cost per month, based on your lease choice. There is also a "rolling" lease option where users pay £19.49 monthly and can cancel at any time, provided they return the console.
A quick calculation shows that the 36-month lease is the most expensive, totaling £358.20 by the end of the term. Afterward, users have several options: upgrade the console by returning the old one, continue with the monthly subscription, or exit the Flex plan by returning the console. For the 24-month and 12-month plans, users pay £251.76 and £175.08, respectively, by the end of the lease period. These plans also offer the same options: return the console, upgrade the hardware and return, or continue paying the monthly fee for a while longer. The only flexible plan is the monthly rolling option, which allows users to pay £19.49 per month without any long-term commitment, and they can cancel at any time. This plan doesn't require any upfront payment for the console.