Renting means playing on the timeline of capitalism. You should buy it as cheap as possible so you can enjoy it when you want, not when they want you to.
I mean, I'd be buying new laptop pretty often anyway, because I'm using it for work, so in this specific case it's actually cheaper to rent. Though it remains to be seen whether they'll lend me a new one once I return this one because they'll be the ones losing money here.
I'm confused, what are you renting, for how long, and for how much? And what do you need it to do? I'm wondering because renting is almost always a worse deal.
Btw, they're using "Xbox" synonymous with the Microsoft video games division because that's how Microsoft is using the term as well. If you think using the same term for two completely different things is dumb, please remember that's the same company that thought that naming the third Xbox console generation "Xbox One" is an amazing idea and then releasing "Xbox Series S" and "Xbox Series X" after "Xbox One S" and "Xbox One X" were already around.