Should You Buy a PS5 Pro Now or Risk a Tariff Price Hike?

USAWed Dec 18 2024
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So, you're eyeing that shiny new PS5 Pro? But wait, President-elect Trump has plans for tariffs that could bump up the price. Should you grab one now, or is it smarter to hold off? Let's dive in. Trump’s tariffs could add an extra 20% to 60% to the cost of imported goods, making that shiny PS5 Pro potentially a lot pricier. Some experts think the price could jump by $280 to a whopping $980! But is it worth splurging now and paying off a credit card, or should you wait and save? Using a regular credit card to finance your PS5 Pro is risky. Those high interest rates can add up fast. If you make minimum payments, it could take over seven years to pay it off – and you’d end up paying double the console’s price! Yikes. What about a 0% APR credit card? That sounds better. But even then, you have to be really careful to pay it off before the introductory period ends. If you slip up, those interest rates will hit you hard. Buy now, pay later (BNPL) plans are another option. They offer interest-free financing for a short period, but missing a payment could cost you. Plus, they don’t always help your credit score like a traditional credit card would. So, what’s the verdict? Experts say it's best to save up and buy the console outright. Putting it on a credit card or BNPL plan might save you some cash in the short term, but it’s a gamble that could cost you more in the long run. Save smart and avoid the debt trap.
https://localnews.ai/article/should-you-buy-a-ps5-pro-now-or-risk-a-tariff-price-hike-800fabb0

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