Over the past year, finding restocks of PS5s has been made much more difficult by the legions of duffers who demand and sell the consoles in large quantities for a large profit However, this problem may be alleviated in the coming months
According to resale site StockX (as reported by Forbes), profit margins on PS5s are currently on the decline On average, resellers are getting about 30% less for their PS5 sales than the price at launch This decline continues despite the fact that it is very difficult to find PS5 inventory at major retailers
According to StockX, at its peak, the PS5 resold for about $1,000 on Black Friday weekend last year By September 2021, however, it was selling for an average of about $715 Of course, that is still a significant increase from the console's standard retail price of $499 for the disc model and $399 for the digital version
Scalping imposes some additional costs on sellers, and if the profitability of the console continues to decline, resellers may decide that the PS5 is no longer worth purchasing This would also affect the ability of the average consumer to purchase the console when the PS5 is restocked
Resellers have been using devious tactics in recent weeks to increase the likelihood of reselling the PS5, with the StockX site showing the "new" console as such, with a slightly lower operating temperature than the launch model, in an attempt to drive up the price However, this tactic does not seem to have had much effect on the selling price
Since the PS5 is expected to remain a popular holiday gift item this winter, the battle for inventory is expected to be fierce As a result, resale prices may unfortunately rise again In any case, buying a PS5 in the coming months will require serious commitment, but thankfully, there are helpful tips and retailer-specific buying advice
Interestingly, the Xbox Series X is reselling for an average price of $725, only $25-$75 less than its Black Friday 2020 peak Xbox Series X restocks have been very low in recent months, with more stable resale prices compared to PS5
The Xbox Series X has been in stock for several months
If you want to secure a PS5 before the holiday season, you need to be prepared to play the PS5 re-release games It will be a while before you can purchase a PS5 without hassle For now, I highly recommend bookmarking the PS5 re-release hub
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