GameStop Layaway
Nov. 2, 2020 update: In addition to its no-fee layaway system, GameStop has now partnered with Progressive Leasing for a “rent to own” plan, and with Quadpay and Klarna for a “buy now, pay later” scenario. Besides these new FlexPlay options, starting on Nov. 10, GameStop is participating in Microsoft’s Xbox All-Access Program, which is a 24-month payment plan. There are also reports that GameStop will offer some kind of PS5 layaway play for the PlayStation 5.
Sept. 30, 2019 update: GameStop continues to offer no-fee layaway. A $25 deposit is required and no items may be placed on layaway after Dec. 11, 2019. However, you’ll have until Dec. 18 to pay off and pick up your purchases (or cancel). GameStop will also accept trade-ins as form of payment toward items on layaway.
Oct. 4, 2018 update: GameStop continues to offer layaway for 2018 on select video game systems (including Nintendo Switch, Xbox, and Playstation 4), hard drives, and headsets. There is still no fee, and the $25 deposit is refundable with no cancellation fees assessed. There’s no official increments for when payments must be made, but GameStop suggests weekly or biweekly and items must be paid off and picked up by Dec. 19. The last day to place items on layaway is Dec. 12. Also, authorized trades can be accepted as a form of payment.
Oct. 15, 2017 update: GameStop announced a No Fee Layaway program for the holiday season, through Dec. 15. It’s good on video game systems, hard drives, and headsets. Deposit a minimum of $25. While GameStop encourages payments be made every week or two, all that’s required is that the contract be paid off by Dec. 20, 2017, at which time customers must either take possession of the item or accept a refund of payments made up to that point. (Trades can also be accepted as a payment.) Payments and pickup must be made at the same store location throughout.
With the start of the 2010 holiday season, GameStop began offering a new layaway program on select items, including the video game systems Kinect for XBox 360 and new Playstation 3 systems as well as Wii (including the special edition red Mario Wii), XBox or XBox 360, Nintendo DS, DSi or XL. Unfortunately, the program apparently isn’t available for games, even pricey new releases such as Call of Duty: Black Ops. Also, GameStop won’t allow layaway on used gaming systems.
A store representative I spoke with said that buyers put $50 down (note: changed to $25 for the 2016 holiday season), which reserves their console, and have until Dec. 17 to pay off the item. “We put that system away for you so no one else can buy it,” the rep told me. Payments are typically made weekly, but the representative I spoke with said regular payments aren’t necessary as long as the console is paid off by the 17th. (The date is Dec. 16 for 2016)
In 2016, GameStop again advertised its layaway program, highlighting specific consoles such as Playstation 4 and Xbox One bundles and the Nintendo 3DS XL as well as the Xbox One Elite wireless controller, wireless headsets by Sony and others, and external hard drives for the PS4 and Xbox One.
Some gamers are reporting that they plan to use the layaway program not only to pay over time, but to “lock in” sales prices or use coupons during the week a system is on special.
Other stores offering layaway on gaming consoles include: Kmart, Sears and Toys R Us.
GameStop partner stores include EB Games and Software, Etc.
i would like to put a ps2 silver on layaway
i would like to put a playstation 3 on layaway for christmas
I would like to put 2 playstation 3’s 40 GB the bundle 1 on layaway & 1 3DS system the midnight purple 1 but I don’t want refurbished ones how does the layaway work there & if u can give me a full amount tax added to me plz I also have a membership there thanks
I would like to put a ps4 on layaway