That means the PlayStation 5 Pro could see a steep price jump from $700 to $980.
As a personal finance writer, my gut told me no.
To see if the numbers backed my theory, I spoke to different experts and researched various buying options.
Here’s what I found out.
Why would Trump’s tariffs increase the PS5 Pro’s price?
But the reality could be more complicated.
Several yet-unknown factors could affect how the tariffs would apply to the PS5 Pro, according to Haley.
Questions that are still unanswered include:
With so much uncertainty, the devil is in the details.
Should you buy the PS5 Pro now to avoid possible price hikes?
Using a credit card to finance any purchase means the odds are stacked against you.
But if you’re still curious, here’s how the math works out, depending on your strategy.
This approach is just about the worst thing you could do.
Don’t believe me?
Let’s take a closer look.
$20 bucks a month sounds very doable, right?
That’s what credit card issuers want you to think.
In that time, you’ll pay $643.20 in total interest.
Verdict:A strong no.
The credit card as a payment plan method
Let’s say you take a more calculated approach.
Would this strategy be cheaper than accepting the price hike?
That tipping point is about $26.
However, that break-even point changes depending on your specific credit card’s interest rate.
So, is this a good option?
Joy added that it’s never worth falling into a debt cycle over non-essential items like this.
Verdict:You could save money, but this method is too risky.
Certain cards offer a0% introductory APRon purchases for a limited amount of time from account opening.
If you could pay off the full principal before theintroductory period ends, it’s essentially an interest-free loan.
However, that doesn’t make it a better option than waiting to save up money for the purchase.
It’s the best credit card financing option if you qualify, but there are still risks.
Butbuy now, pay later plansadvertise no interest financing, so they should be safer, right?
ManyBNPL planslet you finance an item for no interest over six to eight weeks.
This shorter time frame will usually result in a larger required payment (usually biweekly).
Just proceed with caution.
However, you’ll need to be able to fully pay off your purchase in six to eight weeks.
Is it a good idea to buy the PS5 Pro with a credit card or BNPL plan?
But is financing the console a smart option?
The temptation to make only the minimum payment can lead to higher costs over time," said Joy.
CNET Money credit card editor Evan Zimmer agrees.
If you’ll have the money saved in a few weeks, a BNPL plan could also make sense.
Either way, confirm you have a solid repayment plan in place and know all of the risks.
Or you could lose out on a lot more than a gaming console.
