And it’s official, folks! As we reported earlier, the Xbox 360 is now available to take home for $99 with a two-year agreement. Also as expected, an early termination fee ($250) applies if you break your contract prior to its maturation date, although, thankfully, that fee attenuates as the contract ages, starting at month 4. (Full contract terms are here.)
So, to recap, for $99 and $14.99/month for two years nets you:
- 4GB Xbox 360
- Kinect for Xbox 360
- Xbox Live Gold Subscription
This deal is available only at Microsoft stores (store locator), and, unfortunately for those wanting to get in on the deal, there aren’t many of those around. But if you can find one and if you’ve been holding off from getting an Xbox because it was too much of a initial payment, this may convince you to take the plunge. Although you may want to check our earlier post which compares the overall costs after two years…
The most interesting thing about this whole deal: is Microsoft testing the waters for a new way to lock in a consumer base? With the Xbox 360’s successor rumored to be coming out in the couple of years, this subscription model may very well be a harbinger for the way consoles are sold to us in the future.