Full Breakdown
GameStop and Resellers Spike Prices for Used PS5 Pro Consoles
By Drooid · · How we work
Core Event: Price Surge in the Pre-Owned Market
GameStop updated its website to list a pre-owned PlayStation 5 Pro at $1,399, and third-party sellers on Amazon, Best Buy and Walmart have posted comparable prices of up to $1,400. This represents roughly a $500 markup over Sony’s suggested retail price of $900 for the new console. The price increase was confirmed after rumors circulated the previous night that GameStop would raise its used-PS5 Pro price.
Background: Demand Drivers and Supply Constraints
The surge follows a broader rise in the new-console price, which climbed from $750 to $900 earlier this year. IGN attributes the heightened demand to the upcoming release of *Grand Theft Auto 6*, a title expected to leverage the PS5 Pro’s enhanced performance. At the same time, the outlet notes that Sony may struggle to satisfy demand because of ongoing component shortages, a factor that appears to be encouraging higher prices in the pre-owned market.
Data & Statistics: Pricing Comparisons
- New PS5 Pro launch price (Sony RRP): $900.
- Current used-PS5 Pro price on GameStop and major resellers: $1,399–$1,400.
- Markup over RRP: approximately $500 (about 55 % above the new-console price).
- Earlier price increase for the new console: $750 -> $900 (a $150 rise).
Impact and Market Implications
IGN observes that this is the first console generation in which hardware prices have risen rather than declined, making entry more difficult for new players. The elevated cost of a used PS5 Pro approaches the price of a mid-range gaming PC, yet a PC cannot run *GTA 6* at launch, according to the analysis. Consequently, consumers face a choice between paying a premium for the console or forgoing the game entirely. The situation raises broader questions about pricing strategies for future console generations as supply chain constraints persist.