Used PS5 Pro console prices rise by $500 at US retailer and the UK could be next

GameStop has hiked up the price of used PS5 Pro consoles by an obscene amount, as it tries to capitalise on the console’s scarcity.

Despite being six years old at this point, PlayStation 5 and Xbox Series X/S consoles are more expensive than ever, due to the ongoing component crisis. 

The issue, caused by the demand for AI data centres, likely won’t be resolved anytime soon, so it’s inevitably set to impact the next generation of consoles. New hardware from Sony and Microsoft is expected in 2027, although neither have committed to that window yet. 

With the rising prices of current consoles, there’s concern over how much the PlayStation 6 and Xbox’s Project Helix will be. For a point of reference, the PS5 Pro in the UK currently costs £789.99, so the next generation could realistically be close to £1,000. 

In the US however, there’s a weird situation occurring with pre-owned PS5 Pro consoles at GameStop, which is now selling them for over £1,000.

In a post which circulated on Reddit, the US retailer said preowned PlayStation 5 consoles will ‘receive a price change’ starting from today (October 6), which will bump it up to $1,399 (£1,054). 

Nope, your eyes aren’t deceiving you, that is more expensive than a brand new PS5 Pro, which goes for $899.99 in the US. GameStop is aware of this too, as it notes: ‘The preowned console will have a higher price than the new console – this is intentional.’

While some suspected the post might be fake, the official GameStop website has since reflected this price increase on its refurbished PS5 Pro listing – so it is legitimate. However, other listed increases, such as the used Wolverine PS5 Pro for $1,499, are yet to appear.

So why is this happening? GameStop doesn’t provide a concrete answer, but over the past month, the PS5 Pro has been sold out across the board in the US – a rush seemingly sparked by the recent Extended Look for GTA 6, ahead of its launch on November 19, 2026. 

With widespread scarcity, retailers like GameStop – who aren’t exactly known for being pro consumer – can overcharge on pre-owned consoles because the demand is there. It’s a terrible move, and it’ll only get worse as we approach GTA 6’s launch. 

At the time of writing, this scarcity hasn’t occurred in the UK. Retailers like Currys and Very have PS5 Pros in stock and CeX is selling pre-owned consoles at a sensible price. But it’s certainly something which could snowball over the next month, especially with Christmas on the horizon. 

The big question is whether there are games retailers in the UK as shameful as GameStop, who would rip off its customers just because it can? Hopefully we won’t have to find out. 

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