GameStop Ups The Price Of Pre-Owned PS5 Pro To $1,500

GameStop Really Is Charging $1,500 For A Pre-Owned PS5 Pro PlayStation Published Oct 7, 2026, 2:32 AM EDT Josh Coulson is an editor at TheGamer covering breaking news on everything from colorful platformers to the latest Lego sets. Primarily a news writer since 2018, Josh has covered just about every major game from the past decade. Now an editor, their focus has shifted to being the leading affiliate expert at the site, building relationships between TheGamer and global brands including Mattel, Funko, and The Pokemon Company. Sign in to your TheGamer account All current consoles cost a fortune, and that’s only going to get a lot worse before it gets better. GameStop has managed to find a way to speed up that process by charging $1,500 for a PS5 Pro, $600 more than it would cost to buy a new one. GameStop Charging More For A Pre-Owned PS5 Pro Than A New One An internal memo distributed to GameStop employees circulated earlier this week, informing staff of the imminent price hike for the Pro. It noted that the pre-owned console costing $600 more than a new one was “intentional", as many would have, understandably, assumed it to be a typo or a mistake. The idea that a store would charge $1,500 for a $900 console seemed so unfeasible that many, myself included, shrugged off the leaked memo as fake. Well, turns out it’s real. Even though the memo notes that the price increase won’t go into effect until October 16, GameStop has gone ahead and executed its plan early, perhaps due to word getting out. Right now on GameStop’s website, a pre-owned or refurbished PS5 Pro is priced at $1499.99. If you have a GameStop Pro membership, you can get the latest PlayStation console for the low, low price of $1429.99. You could buy yourself a brand new copy of Wolverine to play on your expensive new console with the money you save. Why Is GameStop Doing This? There are a few schools of thought on why GameStop has done this. You only need to go to the store page for a brand new PS5 Pro to find the first. GameStop hasn’t increased the price of a new PS5 Pro. It is still listed at its already pretty steep $899.99 MSRP, $200 more than PlayStation charged for it when it launched. The problem is that for those who want to save $600 and buy a new Pro instead of a used one is the console is sold out. That's one potential reason GameStop is charging $1,500 for pre-owned PS5 Pros. The RAM shortage doesn’t just mean console prices are going to keep going up, but it also means consoles will be in short supply. The hope that people who want a Pro will be desperate enough to pay through the nose for one, coupled with GameStop needing to get stock from somewhere, is almost certainly why the chain is trying this. The silver lining is that if you have a PS5 Pro you’re looking to offload, GameStop will pay up to $880 for it. If you bought one at launch, then you could make a tidy profit. There are other theories on why GameStop is charging $1,500 for pre-owned PS5 Pros. Some think that the store is charging more for older consoles since they can now be jailbroken if they don’t have the latest software. That theory doesn’t really hold water, as if that were the case, it would be charging more for standard PS5s too. Another more straightforward theory is that GameStop wants to take advantage of those trying to find the best console possible on which to play GTA 6. Even though the console shortage is almost certainly why this is happening, the imminent release of GTA 6 will have likely pushed the decision through and potentially led to an even higher pre-owned price than GameStop would have dared to slap on the consoles if the next GTA game wasn't right around the corner. Brand Sony PlayStation Original Release Date November 7, 2024 Original MSRP (USD) $749.99 Processor AMD Ryzen Zen 2 (8 cores, 16 threads, 3.5GHz) Resolution Up to 8K HDR Support Yes