Rent-to-own PS5 options are offered by many online stores with no hard credit check, and comparing will let you get cheap deals to save on rental costs.
The PlayStation 5 has one of the best gameplay and image qualities. It is a much improvement from the PS 4 with top online stores offering you the option to lease it without breaking the bank.
If you are planning to own one soon through rent-to-own services, there are many offers available with an opportunity to save a lot on rental costs when you use the early buyout option.
Best Rent-to-Own PS5 Stores
The below online portals have rent-to-own PlayStation 5 services:
TOP 3 PICKS
Abunda
- Best choice if you want to buy the PS 5 at the end of the rental period
- All consoles are delivered directly from the Amazon warehouse
- Varying consoles with different specs to choose from
- Pay monthly from $39.9
- You can use the early purchase option and save a lot on rental costs
- Spread payments on Abunda using PayPal and Klarna with a long-term leasing option through Acima
Grover
- Use Grover for short-term PS5 rental to be returned in a few days/weeks
- Its monthly rental cost starts from $24.9
- Quick checkout through your PayPal account, credit or debit card
Amazon Monthly
- Best choice if you are a regular Amazon user
- It is interest-free and based on usage criteria
- If you are considering a rent-to-own PlayStation 5 for your budget then, this is a good alternative if you are eligible
- You can spread the purchase payments up to 120 days.
Abunda
Pricing From
$39.9/m
Best For
Lease-to-own
Tip: Abunda is a gateway that enables you to rent-to-own PS5 available on Amazon. This is a great option if you want to own the PlayStation 5 through leasing.
Abunda is an amazing platform offering a buy-now-pay-later option for purchasing products on Amazon, including an impressive selection of PS5 consoles sourced directly from Amazon’s inventory.
Its rent-to-own PS5 program is enabled through integration with third-party financing providers like PayPal and Klarna, and it seamlessly integrates with Acima, allowing you to spread lease payments over up to 12 months.
This platform has a user-friendly shopping interface that lets you easily search for your desired PS5 or finance it by pasting an Amazon product link into its search field.
When you are approved for an order on Abunda, your PlayStation 5 console will come from the Amazon warehouse.
Abunda offers a variety of PlayStation 5 console models for you to explore across its gaming category, helping you find the perfect match for your gaming preferences.
Getting started with Abunda is hassle-free as there are no initial requirements to use their services. You can dive right in without having to provide any upfront information.
It is important to note that the amount you can finance for your PS 5 purchase is determined by Abunda’s trusted third-party partners. To complete an order, you will be asked to provide certain essential details.
When applying for shopping credit through Klarna and PayPal Pay in 4 to buy your PlayStation 5, you will only need to provide minimal information. However, the process differs when you opt for Abunda’s leasing partner.
Acima, Abunda’s lease-to-own service partner, offers you the opportunity to obtain up to $4,000 in financing. With this, you can acquire your desired gaming console and spread the cost of your purchase over a convenient 12-month period.
Grover
Pricing From
$24.9/m
Best For
Rent-to-return
Tip: Grover provides a platform that allows you to rent PS5 for short-term use before you return it.
Grover has established itself as a prominent online tech gadget rental service, specializing in high-end electronics, including the PlayStation 5.
Think of Grover as the go-to platform for PS5 rentals, akin to the ‘Netflix’ of devices, where your subscription cost is based on the value of the rented gaming console.
This service is particularly advantageous if you only require a PS5 for a short duration, whether it is for a few days or weeks. Grover’s core business model prioritizes the seamless return of rented items, ensuring a hassle-free experience for users.
One of Grover’s standout features is its user-friendly onboarding process. You can quickly get started with minimal prerequisites. Once your connected payment method is validated, typically within 24 to 48 hours, you will have access to your chosen PS5 console, allowing you to dive into gaming without the burden of ownership.
To secure the PlayStation 5 (PS5) of your choice for rental, explore the available models from the digital or normal version and select the one that best suits your gaming needs.
There are just two versions in its collection hence, it will be very easy to select which matches your gaming preference.
Once you have made your selection, simply add the device to your cart and proceed to create an account, which is a requirement for finalizing your order.
Upon order submission, your connected payment method will be charged for the initial rental fee. Therefore, it is essential to ensure that your payment method has sufficient funds to cover this charge before Grover arranges the delivery of your PS5 console.
Amazon Monthly
Pricing From
Varies
Best For
Amazon Buyout
Tip: Amazon monthly is an interest-free financing option you can use to spread the cost of PS5 purchases. You might be eligible if you use Amazon very well.
If you are a regular Amazon customer and your budget does not quite cover the upfront cost of a PlayStation 5 purchase, it is worth exploring Amazon’s monthly payment service.
This option enables you to finance a PS5 or other products available on their platform and spread the cost over a maximum period of 120 days, after which the gaming console becomes your property.
The availability of this service is based on specific criteria, and if you are a frequent Amazon shopper, you might qualify for this interest-free financing opportunity for your PS5.
This service applies to certain products, and you might discover that your desired PlayStation 5 (PS5) qualifies for monthly installment payments.
To check its eligibility, simply place the PS5 console in your cart and proceed to the payment page. If the device is eligible for Amazon’s monthly payment option, you will see a clear indication on that page.
From there, you can continue with the checkout process to determine if this financing method suits your needs for acquiring the gaming console.
BestBuy
Pricing From
$41.7/m
Suitable For
Lease-to-own
Tip: BestBuy has different specifications of PS5 available for lease-to-own option when you pay with Progressive at checkout.
BestBuy stands as a premier choice for electronics enthusiasts, offering a wide array of products, including top-notch PlayStation 5 (PS5) consoles.
BestBuy provides several payment options, including their store credit card, Zip, PayPal, and Apple Pay, making it convenient for you to make payments for your PS5 purchase.
If you are interested in a lease-to-own option for the PS5, you will find Progressive Leasing available on the checkout page, allowing you to initiate the application process.
Progressive Leasing offers up to $2,500, providing you with the financial flexibility to acquire high-quality gaming consoles from BestBuy.
When you opt for ‘Pay with Progressive’ as your chosen payment method for your rent-to-own PS5 purchase, a dedicated page will open where you will need to furnish application information.
These details are necessary for the provider to conduct a quick and non-intrusive soft credit check, which helps determine the purchasing limit assigned to you.
This soft check is swift and nothing to be concerned about, as it will not impact your credit score in any way.
Alternatively, if you prefer an in-person experience, you can also use Progressive Leasing at any physical BestBuy store nearest to you when buying your PlayStation console.
Fingerhut
Pricing From
$46.9/m
Suitable For
Finance for Credit Score
Tip: Fingerhut offers financing options for PlayStation 5 consoles available in its inventory. With two account types to choose from, even if you’re a first-time customer, you could qualify for credit of up to $1,500
This platform operates a vast online marketplace that spans a wide array of product categories, giving you the flexibility to browse and shop for items under a convenient “buy now, pay later” arrangement.
Often likened to the “Amazon” of product financing, Fingerhut offers an extensive selection of products. If you are in the market for a PlayStation 5 console, you can explore their electronics category for potential financing options.
While it does not function as a traditional rent-to-own service for PS5 consoles, Fingerhut provides a unique solution for individuals seeking flexible monthly payments and an opportunity to enhance their credit standing.
Fingerhut provides two distinct types of accounts, each designed to accommodate various credit histories, all with the shared aim of simplifying product purchases through flexible payment plans.
The first option is the Fingerhut Advantage Revolving Credit Account, which allows you to place orders on their platform without requiring an initial down payment.
Alternatively, there is the Fingerhut FreshStart Credit Account, which mandates a $30 down payment before processing and shipping your order.
The availability of the second account serves as a backup in case you are not approved for the Revolving Credit Account. However, as you continue to use the platform for financing, you have the option to switch from the FreshStart to the Revolving Credit Account.
If you are interested in enhancing your credit score, Fingerhut presents itself as a viable alternative to traditional rent-to-own PS5 providers.
Consider Fingerhut as an option for your credit-building journey.
Curacao
Pricing From
$70/m
Suitable For
Lease-to-own
Tip: Curacao operates an online portal through which you can rent-to-own PS5 and some other products when you checkout with Acima.
Curacao runs an online shopping platform in addition to its extensive offline department retail chains located throughout California, Nevada, and Arizona.
Within its inventory, it ranks among the top online stores, offering not only the opportunity to purchase but also rent-to-own PS5, including an impressive selection of products from other categories.
Curacao’s lease-to-own service is facilitated through its partnership with Acima Leasing. When approved, you can access a shopping credit of up to $4,000.
You will find this option readily available on Curacao’s payment gateway, conveniently placed alongside its store credit card, allowing you to choose the financing method that suits your needs for acquiring a PlayStation console.
If you reside close to any of Curacao’s physical service areas, you have the opportunity to explore rent-to-own options for PlayStation 5 consoles by visiting their outlets.
Additionally, when you are in the market for a PS5, Curacao offers an enticing array of accessory items to enhance your gaming experience.
Curacao’s product lineup includes complementary items such as PS5 accessories, gaming headphones, controllers, and other gaming peripherals, all of which you can finance using your Acima shopping credit, making it easier to access everything you need for an immersive gaming experience.
P.C. Richard & Son
Pricing From
$72.5/m
Suitable For
Lease-to-own
Tip: P.C. Richard & Son is a popular platform for shopping for electronics and appliances. You can rent-to-own PS5 consoles when you pay with Acima.
This provider has established a robust presence both online and offline, granting individuals access to a wide array of electronics and home appliances, including the sought-after PlayStation 5.
P.C. Richard & Son proudly stands among the online retailers that gladly accept Acima for lease-to-own transactions. Therefore, it serves as an excellent destination if you are considering renting the PlayStation 5 console of your preference.
Its online shopping portal boasts an impressive inventory of devices from leading brands across several categories tailored for various home, business, and personal needs.
For those who prefer an in-person shopping experience, you can also explore the option of renting-to-own gaming consoles at P.C. Richard & Son’s physical stores, where the Acima financing solution is readily available.
If you are seeking a rent-to-own option for a PlayStation 5, this platform offers various financing alternatives, ensuring you can access the gaming console you desire.
You can explore the Acima option, which may grant you a shopping credit of up to $4,000, allowing you to shop for items in their inventory, including the coveted PS5 console on lease-to-own terms.
In the event that you are not approved for a lease-to-own offer, the platform provides additional financing choices. Their “buy now, pay later” payment method is facilitated through Affirm. Additionally, by utilizing their store credit card, you can become eligible for credit purchases of up to $2,000.
RTBShopper
Pricing From
$75/m
Suitable For
Lease-to-own
Tip: RTBShopper operates online with a lease-to-own shopping service offering a credit limit of up to $5,000.
RTBShopper is a versatile platform offering rent-to-own PS5 options and other gaming consoles, with the added convenience of arranging pick-up at the nearest BestBuy offline store.
When you opt for financing through RTBShopper, you may have the opportunity to acquire a PS5 console and complementing items worth as much as $5,000, provided you meet the necessary qualifications.
Its shopping portal boasts an impressive inventory of gaming consoles and related accessories, allowing you to browse and select the PS5 console you want depending on specification. This includes special editions and bundles designed to enhance your gaming experience.
Just like some of the rent-to-own PS providers on this list, RTBShopper’s prioritization of delivery through offline third-party retailers makes it a destination for quick delivery.
If a nearby BestBuy store is available, you may even have the option to pick up your selected PS5 console on the very same day, ensuring a quick and hassle-free shopping experience.
RTBShopper conducts its operations exclusively online, requiring you to complete your application via its website. Depending on the assessment by their financing partners, you will be assigned a credit limit.
This credit limit can then be effectively utilized to complete the rent-to-own PS5 order and other products available in their inventory, up to the maximum approved amount.
Notably, RTBShopper, much like many lease-to-own service providers, places less emphasis on your credit score as the primary determining factor. This means that even if you have a less-than-stellar credit rating, you still have a potential opportunity to acquire your desired PS5 console through this provider.
LeaseVille
Pricing From
$84/m
Suitable For
Lease-to-Own
Tip: LeaseVille facilitates rent-to-own PS5 purchases and for other products. After approval, choose delivery or pick up at a partner store.
LeaseVille is another prominent online platform specializing in lease-to-own solutions for a diverse array of products, including the coveted PS5, alongside electronics, appliances, furniture, home improvement items, and more.
This platform is renowned for its flexibility in delivering your orders, offering a seamless choice between online and offline delivery methods, tailored to your preferences.
Similar to Abunda, LeaseVille primarily sources its inventory through third-party partners like BestBuy and Home Depot. This strategic collaboration allows you the convenience of picking up your desired items from any of these retail partners’ physical locations.
Moreover, LeaseVille offers the added convenience of home delivery, eliminating the necessity for in-store pick-up when you are looking to secure a rent-to-own PS5 offer through their platform.
With a credit limit that extends up to $3,500, you have the flexibility to choose your preferred PS5 gaming console from the extensive virtual inventory available on LeaseVille’s website.
When applying for a lease-to-own PS5 through LeaseVille, it is important to note that a minimum monthly income of $2,000 is a prerequisite. Additionally, applicants are required to demonstrate active employment within the last three months.
The application process is designed for efficiency, and eligibility status is typically determined within minutes. Once you meet the minimum requirements, LeaseVille promptly processes your request, ensuring a quick decision on your PS5 lease application.
Aaron’s
Pricing From
$99.9/m
Suitable For
Offline Lease-to-own
Tip: Aaron’s allows rent-to-own PS5 console shopping through their online platform as well as their brick-and-mortar store locations.
Aaron’s is a well-recognized platform offering the opportunity to rent-to-own PS5 consoles and related products from their extensive inventory of gaming items.
Much like Rent-A-Center, Aaron’s stands as a formidable competitor, with numerous physical store locations where you can conveniently collect your leased PS5 and accessories.
You can efficiently manage your entire rental process through their user-friendly online portal, and once your order is confirmed, you will receive the necessary delivery details.
To apply for their rent-to-own PS5 service, you will need to provide various pieces of information, such as your Social Security Number (SSN) and proof of income, among other requirements.
In case you are missing some of the necessary details, it is worth considering a visit to one of their physical stores.
This may still allow you to qualify for a rent-to-own PS5 console, as certain requirements can be accommodated in person, potentially enabling you to proceed with the rental process.
Buddy’s
Pricing From
$112/m
Suitable For
Lease-to-own
Tip: Buddy’s provides a rent-to-own PS 5 option through its online portal as well as its 300+ offline stores.
Buddy’s Home Furnishings is a well-known rent-to-own brand that operates both online and through an extensive offline network, boasting over 300 locations. It is renowned for its lease-to-own option, particularly for a variety of products, including gaming consoles.
In addition to gaming consoles, Buddy’s offers a diverse range of rent-to-own products, such as lawnmowers, furniture, kitchen appliances, televisions, computers, and more.
One remarkable feature is Buddy’s Express, a free same-day delivery service. If you submit your application on time, you can receive your rent-to-own PS5 device within 24 hours.
You can explore their online portal to discover which items are eligible for 24-hour delivery. Specify your zip code to identify the nearest Buddy’s outlet to you for a hassle-free shopping experience.
When it comes to securing a PlayStation 5 through a rent-to-own arrangement, Buddy’s Bargains is a noteworthy option to consider.
This offering from this leasing service provider includes a wide array of previously leased PS5 consoles, all available at discounted rates and ready for swift delivery to your doorstep.
Since the Bargain inventory is updated regularly, it is advisable to check if the specific PS5 model you desire is currently available for rent at cheaper rates.
Keep in mind that Buddy’s Bargains primarily deals with pre-leased items, so it may not be the best fit if you have plans to purchase the PS5 at the conclusion of the rental period as the consoles within this deal are used.
Nevertheless, it can be an appealing choice if your intention is to enjoy the PS5 for a short-term rental experience before returning it.
FlexShopper
Pricing From
$120/m
Suitable For
Lease-to-own
Tip: FlexShopper offers an online leasing platform where you can rent-to-own PS5 and other products that can be fulfilled through trusted retailers.
FlexShopper offers an alternative online shopping solution, enabling you to lease-to-own a PS5 and make flexible periodic payments.
As a lease-to-own provider, FlexShopper extends credit lines of up to $2,500, empowering you to explore a wide-ranging catalog of products, including electronics, furniture, fashion, and more.
One distinctive feature of FlexShopper is its strategic partnership with BestBuy, utilizing its extensive network of physical stores for swift order deliveries. This means you may enjoy prompt delivery by leveraging nearby merchant locations.
Furthermore, the company utilizes a variety of other reputable retailers, including Amazon, BlairTech, Adorama, and more, to source and deliver your desired items, enhancing your shopping experience.
FlexShopper operates much like Abunda, maintaining a virtual product inventory for a seamless shopping experience.
Within this inventory, you can access a wide selection of PS5 and other gaming consoles, offering options from renowned brands like Sony, Microsoft, and more.
To begin, simply visit their website and complete the straightforward application process. Your eligibility will be swiftly assessed based on the information provided.
Once your application is approved, you will receive delivery details. If your order can be fulfilled through BestBuy or any of their offline partners, FlexShopper will also provide you with the nearest pickup location, enhancing your convenience in acquiring your PS5.
Rent-A-Center
Pricing From
$126.7/m
Suitable For
Offline Lease-to-own
Tip: Rent-A-Center is another well-known destination where you can rent-to-own PS5 consoles both online and offline.
When it comes to gaming consoles, Rent-A-Center is a well-known choice for those seeking rent-to-own PS5 options and related products. They have a wide network of physical stores, making it convenient for in-store rentals.
Additionally, the company extends its services online through its website, where you can find a diverse selection of gaming consoles available for lease.
As you browse through their PlayStation 5 and other gaming console offerings, you will discover models from top-tier brands like Sony and Microsoft offering you the latest in gaming experiences, all open for ordering.
If you have a Rent-A-Center store nearby, you can visit during their operating hours to explore the possibility of rent-to-own PS5 consoles.
However, if convenience is your preference, their online portal offers a seamless way to request a gaming console rental from the comfort of your home, ensuring you get your gaming fix without leaving your couch.
Through this platform, you have the opportunity to apply for a rent-to-own PS5 purchase at a nearby store, and if you meet the necessary requirements, you can have the console on the same day.
With a vast network of outlets spanning across cities in various states, it is highly likely that there is a store conveniently located near you.
This accessibility allows you to quickly lease a PlayStation console, providing you with a temporary gaming solution until you are ready to make a purchase.
Points to consider before you lease-to-own PS5
When opting for a rent-to-own PS5, there are several important points to consider to ensure you make the right decision for your gaming needs and financial situation.
Here are some key factors to keep in mind:
Total Cost
Calculate the total cost of the rent-to-own PS5 contract, including all fees and interest charges.
Compare this cost to the retail price of the console to determine if it is a cost-effective option.
Payment Terms
Understand the payment terms, including the monthly rental fee, the duration of the rental agreement, and any late payment penalties.
Ensure that the terms align with your budget.
Ownership Option
Determine whether the rental agreement offers an option to purchase the PlayStation console at the end of the rental period.
Some agreements allow you to own the item once you have made all the payments.
Interest Rate
If applicable, inquire about the interest rate associated with the rent-to-own PS5 agreement. High interest rates can significantly increase the total cost.
Condition of the Console
Check the condition of the PS5 you will be renting. Ensure that it is in good working order and includes all necessary accessories and components.
Return Policy
Understand the return policy in case you change your mind or encounter issues with the gaming console.
Some agreements have flexible return options, while others may have strict policies.
Maintenance and Repairs
Clarify who is responsible for maintenance and repairs during the rental period.
Determine whether any warranty or protection plans are included in the agreement.
Availability
Ensure that the specific PS5 model you want is available for rent. Some rent-to-own providers may have limited stock or specific models in their inventory.
Late Payment Consequences
Be aware of the consequences of late or missed payments. Late fees can add to the overall cost, and missed payments may result in the repossession of the console.
Alternative Financing
Explore alternative financing options, such as credit cards or personal loans, to compare costs and terms. These options may provide a more affordable way to acquire a PS5.
There are many buy now pay later providers which can also be a good alternative to considering rent-to-own PS5 providers.
Credit Check
Check whether the rent-to-own PS5 provider requires a credit check. Some providers may not check your credit, making it more accessible to individuals with poor credit histories.
Customer Reviews
Research customer reviews and ratings of the rent-to-own PS5 provider to gauge the quality of their service and the satisfaction of previous customers.
Legal Terms
Carefully read and understand all the legal terms and conditions of the rental agreement, including any fine print, to avoid surprises.
Upgrade or Exchange Options
Inquire about the possibility of upgrading to a newer PlayStation model or exchanging the rented console for a different product if your preferences change.
By considering these points, you can make an informed decision when opting for a rent-to-own PS5 and ensure that the agreement aligns with your gaming needs and financial situation.
Choosing a rent-to-own PS5 can be a sensible decision for various reasons, depending on your unique circumstances and preferences.
However, it is essential to carefully review the terms and conditions of any rent-to-own PS5 agreement to ensure that it aligns with your requirements.
Many of these rent-to-own PS5 providers frequently present an early purchase option, which can be particularly beneficial in terms of cost savings when compared to ongoing rental payments.
Therefore, it is advisable to strategize and use this option with the goal of eventually owning the PlayStation console outright. This approach can be a smart financial move in the long run.
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