Could Tariffs Make PS5 Pro 40% Pricier? Affordable Ways to Buy Now

President-elect Trump's tariff plans might hike video game console prices. The PS5 Pro could jump from $700 to $980 due to tariffs. Should you buy it now with a credit card or a buy now, pay later plan? Let's see if it's worth it! Tariffs could make the PS5 Pro 40% more expensive, says a study. If you don't have cash, should you use a credit card or a buy now, pay later plan? Let's crunch the numbers. Paying with a credit card could cost you way more in interest. A $700 PS5 Pro at 22% APR could take 86 months to pay off with $643 in interest. That's more than double the potential price hike!

A smarter approach is to make consistent monthly payments. If you pay at least $26 a month, you could save money compared to the tariff price increase. But experts advise against this, warning about the risk of debt. 0% APR cards could be a better option. Pay off the $700 in months, interest-free. But qualifying requires good credit and diligent payment. Buy now, pay later plans let you pay in installments with no interest. But you must pay on time, or fees apply. Financing the PS5 Pro isn't the best idea. Save money in a high-yield account and buy outright. Cut unnecessary expenses to speed up savings. Wait for discounts, too. Experts recommend being intentional with spending to protect your financial freedom.

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