Sony-led program offers PS5 rentals starting at $13.50 a month in the UK across 12, 24, or 36-month leases — console has to be returned at the end of the contract

PlayStation leasing program in the UK
(Image credit: Sony / Future)

Play Has No Limits — except if you're trying to buy a console. Amidst the dire wastelands of the tech industry, Sony has decided that enjoying its PlayStation 5 console should remain its top priority. Even if you can't pay for one outright, the company will now lease it to you every month with recurring payments, thanks to a local collaboration with Raylo in the United Kingdom called "Flex."

Instead of buying from third-party vendors or retailers like Amazon, you can buy PlayStation hardware "directly" from Sony via its online store. Every item sold here is authentic and official, adding another layer of legitimacy to the purchase. Raylo's leasing partnership is limited to PlayStation UK.

Speaking of which, the offer includes four options: 12 months, 24 months, 36 months, and an indefinite rolling plan. The longest lease is the cheapest, starting from £9.95 per month ($13.55) for the base PS5 Slim across 36 months. The most expensive plan is the flexible one, where you pay a flat £19.50 per month ($26.56) for the same PS5 Slim and £37.49 per month ($51.06) for the 2 TB PS5 Pro. Prices vary across hardware.

You can choose from a range of devices, including the PS5 Pro, as well as newer additions such as PSVR2 and the PlayStation Portal. The DualSense Edge controller, for instance, can be leased for as little as £6.50 ($8.85) per month for 36 months. Regardless of whatever item or plan you choose, at the end of the contract, you have to return the console or "upgrade for free."

That means this is not a financing situation; you're not paying installments as part of a payment plan to own the console at the end. You're simply renting it for the time being, but Raylo says you can contact them to discuss buyouts as well. On the other hand, Microsoft offers a similar leasing solution through "Xbox All Access," but that option lets you keep the console after you've fully paid it off.

PlayStation 5 hardware on lease as part of the "Flex" program in collaboration with Raylo

(Image credit: Future)

Now, some quick math shows that renting a PS5 Slim over 36 months at £9.95 per month would total £358.2 ($487.89) — that's not too far from the console's upfront cost, and it's been on sale for less before. Perhaps short-term renting is the best use for this service: you can simply get the console for a month when a new exclusive comes out, play it, then return it as part of the 20 quid rolling plan.

Of course, then there's the doom and gloom of it all. Everything is a subscription service nowadays; you will own nothing,g and you will be happy. Beyond the obvious long-term disadvantages of this service, it's not a bad deal entirely. Even the maximum contract length of 3 years makes sense if you plan to upgrade to the next-gen PS6 at the end. Raylo says you can also keep paying after the lease ends if you don't want to return or upgrade the console.

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Hassam Nasir
Contributing Writer

Hassam Nasir is a die-hard hardware enthusiast with years of experience as a tech editor and writer, focusing on detailed CPU comparisons and general hardware news. When he’s not working, you’ll find him bending tubes for his ever-evolving custom water-loop gaming rig or benchmarking the latest CPUs and GPUs just for fun.

  • ohio_buckeye
    Rent a console? In a word


    NO!!!!!
    Reply
  • hotaru251
    legit stupid if you do this as you are also paying $15 more for online access...at that price you can just save that and BUY a console within that yr.
    Reply
  • bill001g
    Where is the fine print. They can't possibly allow me to rent it for even $20 a month if I keep it short term. Sounds like a good deal if I need 10 or 20 to use at some convention for the weekend. I bet there are massive shipping return costs hidden someplace.....and then when they get it they will find a smudge on the console and charge extra damage fee.
    Reply
  • ekio
    They really push hard so they you own nothing, and fund it normal.

    Pathetic
    Reply
  • Nolandc
    bill001g said:
    Where is the fine print. They can't possibly allow me to rent it for even $20 a month if I keep it short term. Sounds like a good deal if I need 10 or 20 to use at some convention for the weekend. I bet there are massive shipping return costs hidden someplace.....and then when they get it they will find a smudge on the console and charge extra damage fee.
    It's 12,24,36 month leases... Learn to read.
    Reply
  • Nolandc
    Regular PS5 is $550+tax . At $13.50/Mo it would take 40months just to recoup the costs...
    Reply
  • Syntaximus
    Crap like this is straight up predatory and disgusting.
    You'd literally be better off paying interest on a credit card or layaway.
    Reply
  • bill001g
    Nolandc said:
    It's 12,24,36 month leases... Learn to read.
    It says very clearly
    You can also pay a flat £19.50/month to get the console on a rolling basis with no commitments.
    This to me means you are not committed to any time frame.

    I guess you could argue that the admin that made the forum post is wrong since the word commitments is not in the main article it says flexible.
    Reply
  • Nolandc
    bill001g said:
    It says very clearly
    You can also pay a flat £19.50/month to get the console on a rolling basis with no commitments.
    This to me means you are not committed to any time frame.

    I guess you could argue that the admin that made the forum post is wrong since the word commitments is not in the main article it says flexible.
    Regardless 20BP/month would take them 24 months to recoup the cost, if the console doesn't break. The whole thing is a mess..
    Reply
  • thesyndrome
    "You will own nothing, and be happy"

    They keep trying to tell us that this was just prediction and not a plan, but every day I'm seeing more and more things from big companies become subscriptions. It was easier to ignore when it was software, but now that it's becoming commonplace for entertainment hardware is frankly a worrying sign
    Reply