Aaron's Lease to Own - How to Buy a $1,300 Playstation - page 2page 1 | page 2 | page 3
Aaron's prices are high if you pay cash, super high if you lease-to-own.
The first crazy-high price I noticed was on a Playstation 3. Aaron's has them for $749! That's almost twice as much as a regular retailer, like Sears or Best Buy.
If you have a Best Buy credit card, even though that isn't the greatest credit card in the world with a 28% annual percentage rate (APR), you could pay off your $368 Playstation with nine $49.99 payments, as shown above. The cost of borrowing the money would be about $40.
If you lease-to-own a Playstation 3 from Aaron's, you'll pay $49.99 x 1.1 x 24 months, or $1,319.73!
In California you are going to have to pay $108 in sales tax on that price!
Playstation 3 Move Bundle
And check out this 15.6" Toshiba laptop in the Aaron's Holiday flier. Aaron's got it for $87.98/month for 12 months, or for $719.99 if you are paying cash or credit. These are both terrible prices.
Best Buy had the same laptop for $400. If you have a Best Buy credit card, paying it off would take about five $87.98 payments and end up costing about $440.
If you lease-to-own this Laptop from Aaron's, you'll make twelve $87.98 payments, or $1,055.76
Toshiba 15.6" Satellite Laptop
Here's a small television for lease-to-own at Aaron's. A 32" LCD flat panel television, for $449 or $29.99/month for 24 months.
Best Buy didn't have a JVC or Magnavox 32" tv, but they had this Dynex 32" for for just over half that much.
If you have a Best Buy credit card, paying it off would take eight $32.98 payments and end up costing about $262.
If you lease-to-own this Laptop from Aaron's, you'll need three times as many $32.98 payments, and pay $791.
32" LCD HDTV