Gaming consoles such as the Xbox and the PlayStation are extremely popular. Unlike a gaming PC which needs to be updated frequently with the latest graphics card and the fastest processor, a gaming console is guaranteed to give you gaming nirvana for years to come. Getting a gaming console can be expensive if you are going for the latest version like the PlayStation 3. The outdated PlayStation 2 might be dirt cheap in comparison to it but you should remember that the latest version of the gaming console has more games available for play. The upcoming blockbuster games would be made for the latest version and there would be no support for the earlier and outdated versions.
You should also factor in the fact that games are going to cost you as well. Comparing console prices across websites and retail stores would get you the best available deal. You should also lookout for any bundled games or accessories that come as part of the package. There is also an option of buying the console second hand from various websites. The reputation of the website and the substantially reduced prices along with how old the console is and how much it has been used should be the main points for consideration.
You can keep a look out on sites like eBay and online classifieds sites where you can find people looking to sell their consoles. At times you will notice that there is a fire sale where the console needs to be sold in a very short span of time. An example of a fire sale is that someone has been transferred to another country or promoted to another country and hence needs to sell his console before going abroad. Such cases present a golden opportunity to get hold of a console. Often websites have a row where the owner states why he is selling the product. Paying close attention to the reason is important for the reason stated above. Beware of people selling their consoles just because it is a dead box.
Preferably go for consoles which are available near you or at the most in the state that you live. It is better to check whether the console is working in person so as to avoid a dead box situation. If the seller does not allow checking of the console in person in spite of you staying close by then it is best to let go of such deals. The price may seem ridiculously low on such deals but this may be to suck you in to purchase the dead console. Hence it is best to resist the low price and move on with your console search. Just as you can buy used and cheap game consoles you can also buy used games.
You also have the option of renting games from a games library. If you are a gamer that does not play a game twice then this option is perfect for you. You can also get some cash by selling games you own and using the cash earned to play some newer games by renting them.