Gamers interested in purchasing playstation 5 I just heard some bad news. This is because the prices of the two renovated units have now increased. PlayStation 5 fans interested in purchasing most models of the refurbished console will have to shell out about $100 more.
It's not easy to be a gamer interested in buying a console or PC right now. With AI data centers creating demand for components, the cost of components like RAM and CPUs has risen, driving up prices for everything from building a PC to buying a console. So far, this trend shows no signs of going away, and this may have led some players to consider purchasing used or refurbished systems. Unfortunately, they are more expensive, at least if you're interested in a Sony system.
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Refurbished PlayStation 5 prices rise
As discovered on May 1, the price of the refurbished PlayStation 5 Slim has increased. Previously, you could buy a refurbished PS5 Slim with a disc drive for $449.99, or a digital-only version for $399.99. This was attractive to players because it gave them a significant discount over buying a new console. But now the price of both has increased by $100, bringing the PS5 Slim Disc to $549.99, while the digital-only version sells for $499.99. Both devices feature a 1TB SSD and come with all the necessary cables, a single wireless DualSense controller, and a manual, but may have some minor cosmetic flaws.
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Buying a refurbished PlayStation 5 is still cheaper than buying a new one, but that's little consolation for those looking to game on a budget. Last April, Sony raised the price of the PS5, with the price of the new console for the standard PS5 with a disk drive increasing to $649.99, the price of the Digital Edition PS5 to $599.99, and the price of the PS5 Pro to $899.99. This impression is even worse when you consider that the PlayStation 5 was released in 2020 for $499.99 with a disc drive and $449.99 without a disc drive.
Fortunately, there's one option left that's slightly cheaper and hasn't been affected by the recent price increase. A refurbished original PS5 model with a disc drive is still available for $399.00. This is the cheapest version of the system to date, although it comes with 825GB of storage rather than the Slim's 1TB. Gamers who have been putting off purchasing a system will want to jump on this opportunity before it's too late.
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Sony has recently had tremendous success with the PlayStation 5, with the console outpacing the latest Nintendo Switch 2 for most of 2026. PlayStation also experienced a surge in sales between late March and early April, likely due to consumers trying to buy it before prices increased. Now that prices for both new and refurbished units (non-refurbished versions of the original PS5 models) have risen, it will be interesting to see whether Sony can maintain its trend of outselling its competitors.
