Used PS5 Pros now cost $1,399 at GameStop, 50% more than new ones

GameStop has raised the price of refurbished PS5 Pro consoles from $800 to $1399.99, making used units 55% more expensive than their new counterparts and well above the original MSRP. A Reddit user who works at the retailer revealed that this price increase is intentional. This pricing disparity is now reflected on the GameStop website.

The standard new PS5 Pro MSRP is $899, which has already increased from $749.99 due to chip shortages. Sony's pricing strategy for pre-owned devices is more flexible, but shortages are widespread across major retailers. New consoles are scarce at GameStop, Target, and other stores like Best Buy and Walmart, where prices range from $1496.01 to $1554.99.

On eBay and Facebook Marketplace, new sealed PS5 Pros are even more expensive at $1300 or more. The root cause of the PS5 Pro shortage is attributed to the AI-driven demand for memory chips in data centers, causing DRAM manufacturers to focus on this market and leaving consumer goods with less capacity. The anticipated November release of GTA VI has further fueled the demand, with gamers willing to pay premium prices for the best performance.

Buyers who have saved to purchase a PS5 Pro are now facing inflated prices, even for used models, as retailers capitalize on the shortage. Those seeking a PlayStation right now without overpaying can opt for the basic PS5 Digital or Disc (Slim) editions, which remain close to MSRP. Alternatively, gamers could consider an Xbox Series X, which offers better performance than the base PS5 at a lower price, or experiment with the open-source AnyPS5, which runs PS5 games natively on PC.