A contractual agreement where individuals gain possession of a gaming console through periodic payments. Unlike traditional retail purchases, ownership transfers only after all agreed-upon payments are completed. For example, an individual might make weekly payments on a current-generation console for a period of two years, after which the console becomes their property.
This method offers accessibility to consumers who may not have sufficient upfront capital or credit for outright purchase. It can be particularly beneficial for families or individuals with limited budgets who desire access to entertainment technology. The historical rise of this model corresponds with periods of economic constraint, demonstrating a consumer need for flexible payment options to acquire desired goods.
