https://techcrunch.com/2020/09/09/microsoft-introduces-monthly-financing-plan-for-its-new-xbox-consoles/

Monthly financing isn’t an entirely new concept in the world of Xbox. Microsoft offered a similar plan for the Xbox One S a few years ago. The idea is pretty simple: pay a monthly fee for hardware and software for two years until you outright own the device. What’s new here, however, is that the company is introducing the plan for its brand new consoles due out later this year.

Along with its Series S announcement, Microsoft detailed two new plans designed to get the consoles in the hands of those unwilling or unable to shell out $299 or $499 for a new system up front. It’s a move that greatly expands the accessibility of the system, even beyond the recent announcement of the low-cost model.