We haven’t even reached the holidays yet, and new PlayStation 5 Pro stock is already beginning to disappear from the shelves, leading to outrageous pricing for used models. It seems that the reality of waiting it out for the PlayStation 6 until late 2027 or early 2028 is too much to bear for those who want to play Grand Theft Auto VI on a more powerful console and are so willing to buy the PlayStation 5 Pro instead. The two-year-old PlayStation 5 upgrade is widely considered the most powerful of current-gen consoles and, despite its $899.99 price tag — a $200 increase from its launch — is selling like hotcakes ahead of Rockstar’s forthcoming epic release. Meanwhile, GameStop (via Wccftech) has sent a memo to its employees indicating that used inventory is getting a hefty price hike of its own, which greatly dwarfs anything Sony or Microsoft have done in recent years.
“PS5 Pro (preowned) consoles will receive a price change beginning tomorrow, 10/6. Note: the preowned console will have a higher price than the new console – this is intentional. Please ensure all price changes are completed before opening on 10/6.“
GameStop’s new pricing sees the PlayStation 5 Pro Physical going for $1,499, or $600 more than a new unit, while the PS5 Pro Digital will go for $1,399. According to the memo, prices are effective beginning today. GameStop’s Product Replacement Plan will be temporarily suspended but is expected to be reinstated soon. Meanwhile, trade-in values for the physical edition are now $850, with the digital being $800.
From bad to worse is one way to describe the situation, but the truth is things will likely go further downhill from here. While GameStop is seemingly jumping the gun in raising used inventory pricing, it is a sign of things to come as new inventory across the board from multiple retailers dries up following a surge in sales which began this spring. It’s nearly a given that Sony and Microsoft will likely do more price hikes of their own before their next-gen lineups arrive due to the ongoing memory and storage component shortages. That being said, even as PC prices also continue to spike, the days of console gaming being considered a cheap alternative to PC gaming are nearly at an end.
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