Sony has partnered with Raylo to provide a leasing service for the PS5 in the UK, aimed at customers who find the console's retail price prohibitive. With leases available in varying terms and prices, customers have the flexibility to choose from up to three years of rental agreements. While the leasing model offers benefits such as lifetime warranties and no charges for minor damages, it may also result in higher cumulative costs than outright purchasing the console. Options are available for purchasing at lease end or continuing the rental.
While Sony is still selling tons of PlayStation 5 units, the price of the system means it remains out of reach for many.
To help address that, Sony has teamed up with a leasing company called Raylo to offer a PS5 rental service in the UK.
Depending on the lease term and length of the plan, renting a PS5 can cost more than buying one.
There are options to buy a device at the end of a lease, or to continue renting or upgrade.
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