I subscribed for a PS5 in November 2023. I opted for the 6 month subscription as I didn’t know how it worked and I thought I paid for the device to own it after 6 - 12 months. It is now October 2025. I have “leased” the device for 23 months now. If I take the total I paid thusfar (R1040 pm x 23), I have paid Rentoza R23 920. SO, I have checked online, and according to BusinessTech, the model is based on, if you want to “buy out” the product while it is still in the “subscription” period, meaning for example if you want to buy the product 6 months into your 12 month subscription, you need to pay the amount upfront for the months that you still need to pay (I don’t know if it makes sense). So with that in mind, The last time I made contact to try and “buy out” my device, they stated that I should pay R8260 UPFRONT to end my subscription. That means, for a gaming console that normally cost around R8000 to R12000, I would end up paying R32 180. Please be aware of this BEFORE using Rentoza. Think twice or put a little money away in a savings account and buy the item you want for cash, you’ll pay MUCH less and you wouldn’t have the stress to deal with non existent customer care. I purposely opened a new bank account and closed my old one, so that they can contact me about the missed payment, because honestly that’s the only way I can talk to them.
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