If you’re not getting much use out of your PS5 anymore, you might be thinking about selling it to make some quick cash. However, whenever you’re selling used electronics you no longer want or need, there are many things to consider. You’re probably wondering what your asking price should be, how to take high-quality photos showcasing your PS5’s best features, and what to write in your listing description to get potential buyers’ attention. One of the most important questions weighing on your mind is where to list your PS5 for a quick sale or maximum profit (or, ideally, both).
Fortunately, the PS5 is still in demand (along with other gaming consoles like the Nintendo Switch and PS4). There are several online resale marketplaces where you can list your PS5 and have a good chance of selling it.
In this article, we’ll review the best places to sell your PlayStation 5 and help you develop a smart selling strategy to sell your PS5. Note: Some online marketplaces change their fees frequently, so fees for listing, selling, shipping, and payment processing are subject to change. You should always confirm each marketplace’s current fees before listing your PS5.
Facebook Marketplace is an excellent place to list your PS5 if you want to sell it locally, but you can also reach potential buyers around the world with a Facebook Marketplace listing. Buyers can search by price, location, or product type to narrow their search results and find the best deals local to them to avoid paying substantial shipping costs.
One advantage of selling your PS5 on Facebook Marketplace, especially for local sales, is that you can see what mutual connections you have with a potential buyer before engaging with them. It’s also convenient to be able to answer questions and communicate with prospective buyers through Facebook Messenger, so you don’t have to share your email address or phone number.
However, if you sell your PlayStation 5 to someone local through the Facebook Marketplace, you’ll need to arrange a meet-up to complete the sale. Sometimes, buyers change their mind at the last minute. Some prospective buyers are no-shows, while others will be courteous enough to let you know ahead of your scheduled meeting time.
eBay was one of the first online marketplaces, and it remains one of the largest today. It’s not as simple to reach local buyers when selling your PS5 on eBay, but you can reach millions of potential buyers.
One thing to be mindful of when selling your PS5 on eBay is that the platform offers a buyer protection program for items that don’t work or arrive damaged. Frequent eBay sellers caution that some buyers will try to take advantage of this program to get a full or partial refund. However, eBay’s stance typically is that normal wear and tear is expected when purchasing used items, and buyers take a risk that it may break soon after they purchase it. The best way to avoid potential disputes is to be honest and clearly describe any cosmetic damage or functional defects in your listing description.
OfferUp is a newer platform compared to Craigslist and eBay, but it’s one of the most widely used resale marketplaces. The app is only available in the U.S., but with 20 million monthly active users, OfferUp still allows you to reach millions of potential buyers for your PS5.
OfferUp is generally easy to use, and it’s also free when you sell your PlayStation 5 to someone local, but if you live in an area without many OfferUp users, you’ll reach a much smaller pool of buyers. For non-local sales, you’ll pay a fee of 12.9% of the final sale price, excluding shipping, with a minimum fee of $1.99. OfferUp also offers some options for boosting your listing’s visibility, such as 1 to 3-day promotions, for a reasonable fee.
If you sell a variety of items on OfferUp, such as your PS5, accessories, PS5 games, and other gaming systems and accessories, it might be worth investing in a Promote Plus subscription. Promote Plus allows you to feature one item at the top of buyers’ feeds for any length of time.
Mercari has been around for about a decade, and it’s one of the best places to sell your PS5 online. There are no fees to list your PlayStation 5 on Mercari. If you sell it through the platform, you’ll pay approximately 10% of the sale price. There’s also a payment processing fee of 2.9% + $0.50 based on the final sale price plus any shipping costs.
You can also reach local buyers with Mercari Local. The great thing about Mercari Local is that you don’t have to arrange meet-ups and meet with buyers in person. Instead, a Mercari driver (through Uber) will pick up your PS5 and deliver it to your buyer, adding a layer of safety that many sellers appreciate.
You can use Mercari Local for any item that can fit in a vehicle, which includes your PS5 and any accessories and games you might also be selling. You’ll pay just $15.99 to take advantage of the service for items smaller than a microwave (22x30x25 inches) and under 50 pounds. Because it relies on Uber, the service is only available wherever Uber operates.
Craigslist is one of the first online marketplaces, and it’s still a great place to sell your PS5. While you can reach both local and non-local buyers on Craigslist, the marketplace was originally configured to support local classified ads, so each city has a separate page. There are no fees for listing or selling your PS5 on Craigslist. (There are fees if you’re listing certain things, such as vehicles, real estate, or services, and also for posting job ads.)
If you’re hoping to arrange a meetup, consider listing your PS5 on multiple city pages, including the largest cities near you within a reasonable driving distance. You can also post your PlayStation 5 on multiple city pages to reach non-local buyers if you’re open to shipping it. Make sure your listing description clearly states that your PS5 will be shipped to the buyer to avoid misunderstandings.
If you want to sell your PS5 quickly, listing it across multiple resale marketplaces will help you reach more potential buyers. Still, if you aren’t an experienced reseller, it’s difficult to decide where to sell your PS5, how to take the best photographs, what to write in your listing description, and what your asking price should be. Partner with Sella to sell your PS5 and let our expert resellers do all the hard work, saving you time and headaches. Get started with Sella today.