Valve reveals official payment plan for vive ($66/mo) , prices for the tracker + new strap ($99) - Polidicks

[URL="http://www.pcworld.com/article/3174317/consumer-electronics/htcs-new-vive-payment-plans-diffuse-the-high-cost-of-pc-virtual-reality.html"]http://www.pcworld.com/article/3174317/consumer-electronics/htcs-new-vive-payment-plans-diffuse-the-high-cost-of-pc-virtual-reality.html[/URL] [QUOTE]Let’s start with the latter, as it’s perhaps the biggest Vive news: “For the first time, Vive is launching a financing program in North America. For $66 a month and no-interest financing for 12 months, users can purchase a Vive on Vive.com with zero down. Additional new financing options are available at varying finance terms.” The Vive’s sticking to its $799 price, so this is unlikely to offset the “VR is too expensive” complaints. It does potentially make VR a bit more “affordable” though, spreading the burden out over the course of a year like a cell phone and/or car payment instead of requiring one large up-front sum. HTC’s other news is more enthusiast-oriented, putting a price on some of the experimental hardware showed off at CES in January. The Vive Tracker, which allows manufacturers to build custom peripherals that work with the Vive’s Lighthouse base stations, goes on-sale to developers on March 27. “General consumer availability of the Vive Tracker is expected later in the year, as the accessories and content ecosystem for Vive Tracker is built and new accessories are ready to purchase for consumers.” Both the Tracker and the Audio Strap are set to retail for $99, though I expect that means any custom peripherals built using the Vive Tracker will sell for somewhere north of $150 later this year. [/QUOTE]

Holy shit this is great. I might finally be able to own a real VR headset.

Oh that's pretty cool actually. [QUOTE]For the first time, Vive is launching a financing program in [B]North America[/B]. [/QUOTE] aaand I'm not interested again.

Payment plans are for people who live above their means. If you do not have $750 in your bank account you cannot afford a vive.

oh cool, don't think my computer can run it though

[QUOTE=chernisreal?;51882864]Payment plans are for people who live above their means.[/QUOTE] -chernisreal?, 17, lives in mother's basement

[QUOTE=chernisreal?;51882864]Payment plans are for people who live above their means. If you do not have $750 in your bank account you cannot afford a vive.[/QUOTE] Tell that to people living on wellfare, yet having the newest iPhone/Galaxy all the time

[QUOTE=Grenadiac;51882872]-chernisreal?, 17, lives in mother's basement[/QUOTE] He's also right.

[QUOTE=chernisreal?;51882864]Payment plans are for people who live above their means. If you do not have $750 in your bank account you cannot afford a vive.[/QUOTE] There are plenty of situations in life that warrant payment plans, though I'd agree that purchase of a Vive (and frivolous expenses in general) can't reasonably counted among them.

[QUOTE=Hogie bear;51882863]Oh that's pretty cool actually. aaand I'm not interested again.[/QUOTE] GAME has a price plan for the vive, they've had it since August. [URL="https://uploadvr.com/game-offering-vr-headsets-monthly-payments/"]https://uploadvr.com/game-offering-vr-headsets-monthly-payments/[/URL] has interest and such but still

[QUOTE=chernisreal?;51882864]Payment plans are for people who live above their means. If you do not have $750 in your bank account you cannot afford a vive.[/QUOTE] i agree to an extent, but even if you had more than $750 in your bank account wouldn't it make sense to finance it? you get the vive earlier than you would normally, you get to reassign the money you're not spending outright on other stuff as you slowly pay off the vive, and you build credit

[QUOTE=chernisreal?;51882864]Payment plans are for people who live above their means. If you do not have $750 in your bank account you cannot afford a vive.[/QUOTE] I disagree, it's a great way to build credit. For example, I have several items that I can pay for with cash but I'm currently looking for a credit card so I can build my credit score up by paying off the card in full every month.

[QUOTE=chernisreal?;51882864]Payment plans are for people who live above their means. If you do not have $750 in your bank account you cannot afford a vive.[/QUOTE] Not really. I have a stable income, yet it would take me a few months of setting money aside before I could buy one. This way I could get it immediately instead, and still "set aside the money" every month.

Neat I don't like spending big amounts of money at once this is much easier to budget

[QUOTE=Blueridge;51882903]i agree to an extent, but even if you had more than $750 in your bank account wouldn't it make sense to finance it? you get the vive earlier than you would normally, you get to reassign the money you're not spending outright on other stuff as you slowly pay off the vive, and you build credit[/QUOTE] You're also charged interest so you end up paying more overall? I'm not saying financing isn't a good thing, it absolutely is.. but for a Vive?? I financed a $36,000 truck with 4% interest because there is literally no other fuel efficient option in the used price bracket. But a Vive??

[QUOTE=chernisreal?;51882917]You're also charged interest so you end up paying more overall? I'm not saying financing isn't a good thing, it absolutely is.. but for a Vive?? I financed a $36,000 truck with 4% interest because there is literally no other fuel efficient option in the used price bracket. But a Vive??[/QUOTE] the vive financing appears to have no interest

[QUOTE=chernisreal?;51882917]You're also charged interest so you end up paying more overall? I'm not saying financing isn't a good thing, it absolutely is.. but for a Vive?? I financed a $36,000 truck with 4% interest because there is literally no other fuel efficient option in the used price bracket. But a Vive??[/QUOTE] It says straight up that there's no interest for 12 months. The Vive will be fully covered within a year without interest if you pay the 66 per month that they are asking.

[QUOTE=chernisreal?;51882917]You're also charged interest so you end up paying more overall? I'm not saying financing isn't a good thing, it absolutely is.. but for a Vive?? I financed a $36,000 truck with 4% interest because there is literally no other fuel efficient option in the used price bracket. But a Vive??[/QUOTE] I can only see it being beneficial if there's a no interest option. Which, this has. It's not at all smart to buy things you cannot afford, especially on credit. However, if it's something you can absolutely afford and would buy anyway and there's a 0 interest option to get it on credit, you should probably do so and pay it off immediately. Numerous old closed accounts in good standing is a great thing for developing credit. That is, depending on whether or not the the financier actually reports to credit bureaus, which they don't always, you have to do a lot of research before you agree to said financing. It's only beneficial if it's something you can pay off immediately through a legitimate creditor who will report to bureaus in your favor.

I assume this "developing credit" is some US thing? I've never heard of it before

[QUOTE=Zezibesh;51882973]I assume this "developing credit" is some US thing? I've never heard of it before[/QUOTE] I don't know if it's like this in other countries, but for financing things, people usually look at your "credit score". Your score is built by using credit to pay for things and then paying everything on time. If you have late payments or default on something, your score goes down. This score is used by lenders to determine not only IF they will give you a loan, but can determine the maximum amount, interest rate, and maximum monthly note they will allow you to have. It's like a report card for paying back borrowed money.

[QUOTE=Zezibesh;51882973]I assume this "developing credit" is some US thing? I've never heard of it before[/QUOTE] You get debt and then start paying it back regularly, so they're willing to give you more debt, so you can be in even more debt. No-interest financing sounds like a good deal though.

[QUOTE=chernisreal?;51882917]You're also charged interest so you end up paying more overall? I'm not saying financing isn't a good thing, it absolutely is.. but for a Vive?? I financed a $36,000 truck with 4% interest because there is literally no other fuel efficient option in the used price bracket. But a Vive??[/QUOTE] Plenty of retailers, at least in Sweden, offer interest-free payment plans and that's honestly how I've bought the majority of my stuff. It's just really comfortable. Of course you shouldn't do it if you can't ensure your job security within the payment period, but if you can then what's the big whoop? It's either you save for several months and get it later or you get it immediately and still "save" the money away. It's worked out for me so far, anyway.

[QUOTE=Grenadiac;51882872]-chernisreal?, 17, lives in mother's basement[/QUOTE]ignorance.

Or you could just have a bit of restraint and wait for them to inevitably dip in price. The amount of people dropping $$$$ on a vive + new PC just to play all those tech demos is pretty sad.

A great deal of people will finance things far more expensive than this, 90% of Television, Soundsystem, and Appliance purchases made at Best Buy are financed, and these items can be in the $1000-$3500 range. People who set aside large amounts of cash save it for emergencies like car repair or illness. Imagine spending an entire months pay on a device like this lump-sum style and then having some bad shit happen to you... Puts you in a rough spot. Sure you could buy a Vive with a card already, but putting a payment plan on a card is even better since you aren't trying to pay it down from $950 (or thereabout)

[QUOTE=Joazzz;51883026]ignorance.[/QUOTE] More like adulthood. You can't buy everything full-price with cash. It isn't 1950 anymore. $66/mo is much more manageable than $750 upfront. Good luck buying a house or car with your mindset.

Geez sounds like buying a car.

[QUOTE=Adius Shadow;51883038]Or you could just have a bit of restraint and wait for them to inevitably dip in price. The amount of people dropping $$$$ on a vive + new PC just to play all those tech demos is pretty sad.[/QUOTE] theres only one time the vive dropped price and that was during black friday. 100$ off (200$ if you went to the MSFT store and got the 100$ MSFT gift card), it then went back to normal price its rare for VR headsets to drop price. also the VR enviroment is currently in the enthusiast/dev stage, everyone is either getting it because they want to explore it early or they want to make new and cool games on the vive.

PM me if you want to buy my Vive, I'll sell it to an FP'er for $450 plus shipping. I'm so charitable! It's a Vive Pre, so the head strap is different, but the hardware is identical and Valve supports them as normal.

[QUOTE=Adius Shadow;51883038]Or you could just have a bit of restraint and wait for them to inevitably dip in price. The amount of people dropping $$$$ on a vive + new PC just to play all those tech demos is pretty sad.[/QUOTE] But you could say this about literally any technology, why did anyone buy Xbox 360s 10 years ago when you get can them for £30 nowadays?