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PS5 Pro Price Hike: What It Means for Your Wallet

Published: 1 hour ago•Updated Oct 7•0 Views
PS5 Pro Price Hike: What It Means for Your Wallet

This pricing strategy could signal a future where console prices remain high or even increase, making it harder for players to afford new hardware. It also blurs the line between retail and scalping…

This pricing strategy could signal a future where console prices remain high or even increase, making it harder for players to afford new hardware. It also blurs the line between retail and scalping…

Key points - GameStop lists pre-owned PS5 Pros for $1,400, or $1,330 for Pro members. - That's a $500 surcharge over the new PS5 Pro's current retail price. - Sony raised PS5 Pro price to $900 in April, up from $750. - The console launched in November 2024 at $700. - Xbox Series S now costs $500 after August price hikes.

Timeline - November 2024: PS5 Pro launches at $700. - April: Sony raises PS5 Pro price to $900. - August: Xbox lineup sees price hikes, Series S now $500. - Today: GameStop lists used PS5 Pros for $1,400.

FAQ

Q: Why is a used PS5 Pro more expensive than a new one? A: New PS5 Pros are out of stock, so GameStop is capitalizing on the shortage by pricing used units higher.

Q: Can I find a cheaper used PS5 Pro elsewhere? A: Yes, third-party sellers on Amazon and Best Buy list similar prices, but you might find better deals on Facebook Marketplace or eBay.

Q: Will console prices ever go down? A: With the ongoing chip shortage and rising costs, prices are unlikely to drop soon; this generation has seen increases instead of decreases.

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