Dropping 750 $ for a New console isnt a good idea.

currently İ rock and Xbox 360 slim İ been playing it for well over 11 years but im thinking to get an ps5 but The problem is console Looks like a wifi routher and it Costs 750 Via taxes after which is insane considiring how much The games Costs while İ also want to get an series x or s to play GTA 6 but İ also thinking to get an nintedo switch

İ hate digital but The New gen is forcing me to go digital İ want to play my Xbox library but? The problem is backward compability does not support most of my library currently im thinking to sell my Xbox 360 slim and get an Xbox one x what are yalls thought on this any suggestions?