If you’re considering selling your PS5, your first question is likely “How much can I sell my PS5 for?” You also need to know what your initial asking price should be, which is not necessarily the same as how much you can sell it for.
There are several factors to consider when it comes to pricing used gaming consoles, games, and accessories. Developing a strong pricing strategy will help you make a quick sale and make the most profit from selling your PS5.
The good news is that there’s still a lot of demand for PS5s because it’s currently the newest PlayStation console, although experts suggest that the PS5 Slim or PS5 Pro could be released in late 2023. In general, if your PS5 is in good condition, you can expect to sell it for $350 to $600.
Thinking about selling your Nintendo Switch or selling your PS4? Check out our guides on the best places to sell your PS4, the best places to sell your Nintendo Switch, and how much you can sell your Nintendo Switch for, or learn how to sell absolutely anything online.
Let’s take a look at the most important factors to consider when pricing your PS5.
Are you looking for a quick sale, or do you want to get top dollar for your PS5? If you want to sell your PS5 fast, start with a lower initial asking price to attract more potential buyers.
Depending on how much interest your listing gets, you may need to agree to a lower sales price to close the deal. On the other hand, you can remain firm on your asking price if you’re willing to wait for the right buyer to come along.
PlayStation games are costly, so including one or more games will appeal to many buyers. Also, including accessories will add more value to your bundle, such as:
Generally, you can add between $10 and $50 to your asking price for each accessory, and PlayStation 5 bundles that include games and accessories can sell for $350 to $700. Bundles that include higher-value accessories like VR headsets or sought-after games might sell for even more.
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Your PS5’s condition is one of the biggest factors that will impact how much you can sell it for. If it has a few barely-noticeable cosmetic flaws, it probably won’t impact your sales price much. On the other hand, if it has many visible cosmetic flaws or performance issues, you’ll need to adjust your asking price accordingly — and be willing to negotiate with potential buyers.
The best way to handle selling a PS5 with either operational issues or cosmetic flaws is to clearly describe these issues in your listing description, and include photos of visible damage when possible. Many buyers place more trust in sellers who appear to be honest about performance issues or physical flaws, so full disclosure may result in a quicker sale.
If your PS5 is in like-new condition, you can set an asking price at the higher end of the price range for comparable new consoles. For example, if a new standard PS5 console is selling for $500 at major retailers, you might be able to sell your like-new PS5 for $400 to $450.
Gaming consoles, especially the newest models, have good demand throughout most of the year. However, demand for gaming gear and other high-end electronics tends to peak during the holiday shopping season. If you list your PS5 in the weeks leading up to a gift-giving holiday like Christmas, Eid, or Easter, you might get a higher price.
There are a few things to consider about the selling platform when pricing your PS5:
If you’re selling a used PS5, current prices for new PlayStation5s impact how much you can sell your PS5 for. A buyer isn’t going to pay more for a used PS5 than what they’d pay for a brand-new one — unless it’s a special edition or comes with extras — so your asking price must be lower. At the time of this writing, new PS5s are available from retailers like Best Buy and Walmart for about $470 up to $700 or more for package deals and special editions.
Review marketplaces like Facebook Marketplace and eBay where you plan to list your PlayStation 5. Look for things such as:
Also, pay attention to listings for PS5s that have cosmetic flaws or performance issues. How much do hardware or software issues impact prices? Adjust your asking price accordingly.
Partnering with a selling partner like Sella will help you get top dollar for your PlayStation 5. Our experienced resellers provide expert guidance to help you set the right asking price and keep you informed about what to expect with all things considered, such as your PS5’s condition, listing and selling fees, etc.
We’ll also prep your PS5 for sale, take high-quality photos that make your PS5 stand out, and write listing descriptions that appeal to buyers. In addition, we’ll take care of other time-consuming tasks like:
When you partner with Sella, you’ll keep 90% of the profit from the sale of your PS5. You also have the final say on pricing, and you can adjust your asking price or make changes to your listing descriptions at any time. Learn how Sella can help you get top dollar for your PS5 without hassles or headaches or register to get started today.
In general, you can expect to sell your used PS5 for between $350 and $600, depending on the factors discussed above.
At the time of this writing, new PS5s are selling for approximately $470 up to $700 or more for special editions and bundles.
The best places to sell your PS5 are eBay, Facebook Marketplace, Mercari, OfferUp, and Craigslist.
As the newest PlayStation console available, the PS5 is still in demand. If your PS5 is in good condition, you can expect to sell it for $350 to $600, or slightly less than the cost of a brand-new PS5 from a retailer. Depending on factors such as included games and accessories, operational issues or cosmetic flaws, current marketplace trends, and the selling platform, some may sell for a higher price, while others may sell for far less. Take all these factors into consideration to set the best asking price for your PS5.
