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Best Ways to Save for a New Game Console Without Overspending

Choose a console based on the games and features you want, verify its current local price, then build a monthly savings goal around your budget and deadline.
Length4 min Posted Quest giverVGSources Team
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The safest way to save for a game console is to set a target based on the model’s current local price, then save a manageable amount each month without shorting bills or relying on costly financing. Choose the console and edition first, include only the games and accessories you actually want in your target, and adjust your timeline if the monthly amount does not fit your budget.

Set a realistic console target before you start saving

Console prices vary by platform, edition, storage, retailer, region, and date. Check the current price where you live before choosing a savings goal, and compare the full checkout cost rather than relying on an old sale price or a headline MSRP.

As an Amazon Associate I earn from qualifying purchases.

For context, Sony announced U.S. recommended retail prices effective April 2, 2026, of $649.99 for PS5, $599.99 for PS5 Digital Edition, and $899.99 for PS5 Pro. The same announcement listed £569.99, £519.99, and £789.99 in the U.K.; €649.99, €599.99, and €899.99 in Europe; and ¥97,980, ¥89,980, and ¥137,980 in Japan, respectively. These are dated examples, not a substitute for checking local availability and current listings. Sony Interactive Entertainment’s 2026 price announcement.

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Microsoft said Xbox console prices increased effective August 1, 2026: US$100 for 512 GB models and US$150 for 1 TB models. Those increases are not a complete current price list; check Microsoft or local retailers for the configuration you want. Xbox Wire’s 2026 announcement.

#1 Best Overall
Nintendo Switch 2 System
  • The next evolution of Nintendo Switch
  • One system, three play modes: TV, Tabletop, and Handheld
  • Larger, vivid, 7.9” LCD touch screen with support for HDR and up to 120 fps
  • Dock that supports 4K when connected to a compatible TV*
  • GameChat** lets you voice chat, share your game screen, and connect via video chat as you play

Compare what you will actually use

  • Edition and storage: Decide whether the higher-priced model or extra storage matters for the games you play.
  • Disc drive: If you buy or borrow physical games, check whether the model supports discs and account for any relevant edition differences.
  • Games and accessories: Keep the console target separate from optional extras. Add a game, second controller, or headset only if you intend to buy it now.
  • Total checkout cost: Account for applicable taxes, delivery, required subscriptions, and any bundle terms shown by the seller.

No platform or edition is the right choice for everyone. A lower sticker price is useful only if the console supports the games and features you want.

Calculate a monthly amount that fits your budget

Use this planning formula: (target cost − money already set aside) ÷ months until purchase = monthly savings goal. It is a way to plan, not a recommended universal amount. Your target, deadline, location, and existing savings determine the result.

Rank #2
Nintendo Switch with Neon Blue and Neon Red Joy-Con - Handheld Gaming Console
  • 6.2” LCD screen
  • Three play modes: TV, tabletop, and handheld
  • Local co-op, online, and local wireless multiplayer
  • Detachable Joy-Con controllers
  • Nintendo Switch is the home of Mario & friends
  1. Write down the target: Use the current local price for the console and any planned essentials, including taxes or delivery if applicable.
  2. Subtract what you have: Count only money already set aside for this purchase.
  3. Choose a realistic deadline: Divide the remaining amount by the number of months before you hope to buy.
  4. Check it against your budget: List income, bills, and other expenses, then make sure the contribution leaves essentials covered.
  5. Track and review: Record actual spending and review the plan monthly. If the amount is no longer workable, change the timeline or target rather than skipping necessities.

Consumer.gov’s budgeting guidance recommends listing income and expenses, comparing them, tracking spending, and reviewing the budget monthly. It also treats savings as an expense you can plan for.

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If the monthly goal is too high

  • Move the purchase date farther out and divide the same remaining amount across more months.
  • Compare a less expensive model or edition that still meets your needs.
  • Look at used or certified refurbished options, but check condition, included items, and return coverage before setting a lower target.

Do not drain money needed for bills or emergencies to meet a gaming deadline. Consumer.gov notes that savings can also help with emergencies as well as larger purchases.

Rank #3
Sale
Nintendo Switch Game Console - Black (HAC-001(-01) w/Blue & Red Joycon (Renewed)
  • Play your way with the Nintendo Switch gaming system. Whether you’re at home or on the go, solo or with friends, the Nintendo Switch system is designed to fit your life. Dock your Nintendo Switch to enjoy HD gaming on your TV. Heading out? Just undock your console and keep playing in handheld mode
  • This model includes battery life of approximately 4.5 - 9 hours.
  • The battery life will depend on the games you play. For instance, the battery will last approximately 5.5 hours for The Legend of Zelda: Breath of the Wild (games sold separately)
  • Model number HAC 001( 01)

Consider used or refurbished consoles carefully

A used console can reduce the upfront target, but marketplace prices are time-sensitive and depend on model, condition, storage, included items, and seller terms. Swappa’s guide, updated September 24, 2026, reported these U.S. September 2026 examples:

Console example Used price reported by Swappa New comparison in the guide
PS5 Slim disc About $503 $649.99
Xbox Series X About $541 $799.99
Xbox Series S 512 GB About $317 $499.99

Swappa characterized the used examples as roughly 20–57% below new. These are marketplace-reported figures, not guaranteed offers or a forecast of what you will pay. Compare live listings for the same configuration and inspect what is included. Swappa’s console price guide.

Rank #4
Sale
Nintendo Switch with Neon Blue and Red Joy-Con (Renewed)
  • This pre-owned product is not Apple certified, but has been professionally inspected, tested and cleaned by Amazon-qualified suppliers.
  • 6.2” LCD screen.
  • Three play modes: TV, tabletop, and handheld
  • Local co-op, online, and local wireless multiplayer
  • Detachable Joy-Con controllers

Before buying used or refurbished

  • Confirm the exact model, storage, and whether a disc drive is included.
  • Check the seller’s description of condition and the items included in the sale.
  • Read the return policy and any warranty or refurbishment terms before paying.
  • Compare the final price with current new-console listings; a used listing is not automatically a better value.

Microsoft says Xbox Certified Refurbished consoles are available through Microsoft Store for up to US$100 off MSRP. Availability and terms can vary, so treat that as a possible discount rather than a guaranteed price. Microsoft also notes that payment options vary by region and eligibility. Xbox Wire’s announcement.

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Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

Be cautious with payment plans

A payment plan can make each payment appear smaller while increasing the total cost or adding risks. Before agreeing, read the written contract and check the interest, fees, missed- or late-payment consequences, and return terms. The Federal Trade Commission warns that buy now, pay later plans may involve fees and overdraft risks; longer rent-to-own arrangements may lower each payment while raising the total amount paid.

Best Value
Nintendo Switch – Neon Red and Neon Blue Joy-Con (Renewed)
  • One player can use a Joy-Con in each hand
  • Two players can each take one
  • Multiple Joy-Con can be employed by numerous people for a variety of gameplay options (additional Joy-Con sold separately)
  • Slip a set of Joy-Con into a Joy-Con grip accessory, mirroring a more traditional controller. Or, select an optional Nintendo Switch Pro Controller.

The FTC’s consumer guidance asks: “If you wait a few months, could you save up enough to pay the full cost instead of using a payment plan (and paying more over time)?” Compare the full amount due under the plan—including interest and fees—with the cost of waiting and saving. Federal Trade Commission guidance on BNPL, rent-to-own, lease-to-own, and layaway.

Quick Recap

Bestseller No. 1
Nintendo Switch 2 System
Nintendo Switch 2 System
The next evolution of Nintendo Switch; One system, three play modes: TV, Tabletop, and Handheld
$499.00
Bestseller No. 2
Nintendo Switch with Neon Blue and Neon Red Joy-Con - Handheld Gaming Console
Nintendo Switch with Neon Blue and Neon Red Joy-Con - Handheld Gaming Console
6.2” LCD screen; Three play modes: TV, tabletop, and handheld; Local co-op, online, and local wireless multiplayer
$339.00
SaleBestseller No. 3
Nintendo Switch Game Console - Black (HAC-001(-01) w/Blue & Red Joycon (Renewed)
Nintendo Switch Game Console - Black (HAC-001(-01) w/Blue & Red Joycon (Renewed)
This model includes battery life of approximately 4.5 - 9 hours.; Model number HAC 001( 01)
$199.90
SaleBestseller No. 4
Nintendo Switch with Neon Blue and Red Joy-Con (Renewed)
Nintendo Switch with Neon Blue and Red Joy-Con (Renewed)
6.2” LCD screen.; Three play modes: TV, tabletop, and handheld; Local co-op, online, and local wireless multiplayer
$195.00
Bestseller No. 5
Nintendo Switch – Neon Red and Neon Blue Joy-Con (Renewed)
Nintendo Switch – Neon Red and Neon Blue Joy-Con (Renewed)
One player can use a Joy-Con in each hand; Two players can each take one
$200.00

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