best day ever!!!

first wat happens is i wake up to my sister saying shes gonna give me her car! and all i have 2 do is make the monthly payments, which is nothing since i have a job...then later on i decide 2 go to best buy just 2 see whats new...and while messing around with the ps3, i find out i can get one by making payments 4 only 16 bux a month, for 46 months!! soo i ofcourse take the offer!! so now i have a brand new ps3(with resistance, which is awsome btw!) and a brand new car!!! i went from having nothing, to feeling like i have everything, all in one day! iue wanted a ps3 since launch and im loving every second of it :) Furbyballistik

your paying it over 4 years? if it gets stolen you still have to pay, and you pay more on those types of payments.

shouldve bought it outright- but GOOD ON YA MATE!

your paying it over 4 years? if it gets stolen you still have to pay, and you pay more on those types of payments.

shouldve bought it outright- but GOOD ON YA MATE!

sonic0491

[QUOTE="sonic0491"]

your paying it over 4 years? if it gets stolen you still have to pay, and you pay more on those types of payments.

shouldve bought it outright- but GOOD ON YA MATE!

Furbyballistik

yeah i thought that too when my car got broken into! oh these people are all old, my car will be fine and then bam! next morning i wake up and there's nothing left in my car :(

but thats awesome though, im glad you had a great day

[QUOTE="Furbyballistik"][QUOTE="sonic0491"]

your paying it over 4 years? if it gets stolen you still have to pay, and you pay more on those types of payments.

shouldve bought it outright- but GOOD ON YA MATE!

UOducks521

yeah i thought that too when my car got broken into! oh these people are all old, my car will be fine and then bam! next morning i wake up and there's nothing left in my car :(

but thats awesome though, im glad you had a great day

You must be young, taking on payments like that. Did you do the numbers and figure the amount of interest your gonna have to pay for borrowing your PS3 for 4 years.

My suggestion is save up and pay it off as soon as possible, its seems like a great deal now, but wait a couple years until you are still paying for it. Gets irritating, but hey, that just my 2 cents.

[QUOTE="UOducks521"][QUOTE="Furbyballistik"][QUOTE="sonic0491"]

your paying it over 4 years? if it gets stolen you still have to pay, and you pay more on those types of payments.

shouldve bought it outright- but GOOD ON YA MATE!

Furbyballistik

yeah i thought that too when my car got broken into! oh these people are all old, my car will be fine and then bam! next morning i wake up and there's nothing left in my car :(

but thats awesome though, im glad you had a great day

i thought that to till someone walked in and took my dad's golf clubs

You must be young, taking on payments like that. Did you do the numbers and figure the amount of interest your gonna have to pay for borrowing your PS3 for 4 years.

My suggestion is save up and pay it off as soon as possible, its seems like a great deal now, but wait a couple years until you are still paying for it. Gets irritating, but hey, that just my 2 cents.

vegetattack15

To be honest, it isn't as bad as you make it sound. 16 * 46 = 736, so he will be paying 735 for the PS3. However, in the mean time, he can also be earning interest on the money he didn't use to pay for the PS3 and offset some of the interest he will be paying on it. I think more people who can't afford a PS3 should do what he did. I myself wouldn't do it because I could afford one straight up, but for those who can't afford one, this isn't that bad of an idea.

You must be young, taking on payments like that. Did you do the numbers and figure the amount of interest your gonna have to pay for borrowing your PS3 for 4 years.

My suggestion is save up and pay it off as soon as possible, its seems like a great deal now, but wait a couple years until you are still paying for it. Gets irritating, but hey, that just my 2 cents.

vegetattack15

I agree, chosing monthly payment options for the PS3 is a bad idea. Yes the PS3 is a very tempting nice piece of hardware, but to be honest I would of waited till you had enough cash to buy it outright.

What I would suggest you do is what vegetattack mentioned: save up and pay it all off immediately. Besides that enjoy the PS3 and everything next gen, and I hope to game with you online !

first wat happens is i wake up to my sister saying shes gonna give me her car! and all i have 2 do is make the monthly payments, which is nothing since i have a job...then later on i decide 2 go to best buy just 2 see whats new...and while messing around with the ps3, i find out i can get one by making payments 4 only 16 bux a month, for 46 months!! soo i ofcourse take the offer!! so now i have a brand new ps3(with resistance, which is awsome btw!) and a brand new car!!! i went from having nothing, to feeling like i have everything, all in one day! iue wanted a ps3 since launch and im loving every second of it :) Furbyballistik

That's pretty darn sweet.

Classic American. Dont look at the actual price and have money now, pay for 4-5 years with interest so you pay up to 20% more for the item. blitzinger123

Its not only USA. argentina does the same thing. The last HDTV huge sales were due to exellent payments plans that added around 20-30% of interest and sometimes more just to pay it in 3-4 years.

your paying it over 4 years? if it gets stolen you still have to pay, and you pay more on those types of payments.

shouldve bought it outright- but GOOD ON YA MATE!

sonic0491

lol, what would you do if you saw someone running off w/ your ps3?

[QUOTE="sonic0491"]

your paying it over 4 years? if it gets stolen you still have to pay, and you pay more on those types of payments.

shouldve bought it outright- but GOOD ON YA MATE!

nekketmadnug

lol, what would you do if you saw someone running off w/ your ps3?

Chainsaw him!! Maybe use the double chainsaw as in Doom 64:twisted:

You must be young, taking on payments like that. Did you do the numbers and figure the amount of interest your gonna have to pay for borrowing your PS3 for 4 years.

My suggestion is save up and pay it off as soon as possible, its seems like a great deal now, but wait a couple years until you are still paying for it. Gets irritating, but hey, that just my 2 cents.

vegetattack15

Yeah agreed interest is a pain , pay it off as soon as you can bro better for you in the end.

[QUOTE="vegetattack15"]

You must be young, taking on payments like that. Did you do the numbers and figure the amount of interest your gonna have to pay for borrowing your PS3 for 4 years.

My suggestion is save up and pay it off as soon as possible, its seems like a great deal now, but wait a couple years until you are still paying for it. Gets irritating, but hey, that just my 2 cents.

watchcity

To be honest, it isn't as bad as you make it sound. 16 * 46 = 736, so he will be paying 735 for the PS3. However, in the mean time, he can also be earning interest on the money he didn't use to pay for the PS3 and offset some of the interest he will be paying on it. I think more people who can't afford a PS3 should do what he did. I myself wouldn't do it because I could afford one straight up, but for those who can't afford one, this isn't that bad of an idea.

In theory it's not such a bad deal getting the PS3 on credit. But in reality it's more than likely that he would also charge his next game(s), PS3 accesories like an extra controller and cables. He would also get an HDTV to be able to watch blu-ray movies. Before he knows it he's about 2-3 thousand dollars in a hole and that's just for PS3 related stuff. I hope he has more self-control than I did when I was that age, cause it took me more than 10 years to pay off all my credit card balances. But that's also a lesson he has to learn for himself.

first wat happens is i wake up to my sister saying shes gonna give me her car! and all i have 2 do is make the monthly payments, which is nothing since i have a job...then later on i decide 2 go to best buy just 2 see whats new...and while messing around with the ps3, i find out i can get one by making payments 4 only 16 bux a month, for 46 months!! soo i ofcourse take the offer!! so now i have a brand new ps3(with resistance, which is awsome btw!) and a brand new car!!! i went from having nothing, to feeling like i have everything, all in one day! iue wanted a ps3 since launch and im loving every second of it :) Furbyballistik

[QUOTE="vegetattack15"]

You must be young, taking on payments like that. Did you do the numbers and figure the amount of interest your gonna have to pay for borrowing your PS3 for 4 years.

My suggestion is save up and pay it off as soon as possible, its seems like a great deal now, but wait a couple years until you are still paying for it. Gets irritating, but hey, that just my 2 cents.

watchcity

To be honest, it isn't as bad as you make it sound. 16 * 46 = 736, so he will be paying 735 for the PS3. However, in the mean time, he can also be earning interest on the money he didn't use to pay for the PS3 and offset some of the interest he will be paying on it. I think more people who can't afford a PS3 should do what he did. I myself wouldn't do it because I could afford one straight up, but for those who can't afford one, this isn't that bad of an idea.

True, BUT if he misses one payment, he'll be in trouble and interest rates will be way up there.. Remember to read the fine prints on those offers.

your paying it over 4 years? if it gets stolen you still have to pay, and you pay more on those types of payments.

shouldve bought it outright- but GOOD ON YA MATE!

actually when you buy something with thebestbuy credit card and it gets stolen they clear the debt but you have to prove it.

sonic0491

Nice one, glad you've got a Ps3. Don't worry about the credit - it's the way of the world these days. But as someone said, don't miss a payment. I work in a bank and know a fair bit about finance. Also bare in mind it's a FIXED agreement so don't go back to the store and ask for a payment break for a month or two - they just want their money. Miss a payments frequently and your credit score will suck and they'll be banging on your door asking for the money. And with finance, you never own the product untill the last payment is made. With a credit card, the product is yours as soon as its been purchased.

One final thing for anyone considering finance - REALLY think it through. It's far to easy to see that low monthly payment but consider the length of the term, 4 years is a long time and as that other post said, it can get pretty annoying after 2 years knowing you still have 2 years of payments left to make.

Credit is a service and can be great when used in the right way. I used my credit card to pay for my PS3 @ launch in March and now it's almost payed off. Next thing on the list is a new HD-TV..... :D

I AM GAY MY PLAYSTATION NAME IS GAY AS WELL :) Furbyballistik

nice

first wat happens is i wake up to my sister saying shes gonna give me her car! and all i have 2 do is make the monthly payments, which is nothing since i have a job...then later on i decide 2 go to best buy just 2 see whats new...and while messing around with the ps3, i find out i can get one by making payments 4 only 16 bux a month, for 46 months!! soo i ofcourse take the offer!! so now i have a brand new ps3(with resistance, which is awsome btw!) and a brand new car!!! i went from having nothing, to feeling like i have everything, all in one day! iue wanted a ps3 since launch and im loving every second of it :) Furbyballistik

Dag! God must like you. Hey go buy me a lottery ticket.

first wat happens is i wake up to my sister saying shes gonna give me her car! and all i have 2 do is make the monthly payments, which is nothing since i have a job...then later on i decide 2 go to best buy just 2 see whats new...and while messing around with the ps3, i find out i can get one by making payments 4 only 16 bux a month, for 46 months!! soo i ofcourse take the offer!! so now i have a brand new ps3(with resistance, which is awsome btw!) and a brand new car!!! i went from having nothing, to feeling like i have everything, all in one day! iue wanted a ps3 since launch and im loving every second of it :) Furbyballistik

Hey thats a good bargain since the ps3 online gaming is free. Good on u man and congrats on your ps3. :)