Today’s the day the PS5 price hike goes into effect. So if you’re looking to save some cash on a PS5, you might want to consider a refurbished model. PlayStation Direct is selling refurb PS5s for $399.99 — that’s $150 off the new MSRP. It’s a great way to buy one for less cash, considering the prices are going the other way. Read on for the details.
All of these PS5 consoles have been cleaned, inspected, tested, and fixed (if necessary), so they should arrive like new. Each one includes a DualSense wireless controller, all necessary accessories, cables and manuals. They come packaged in branded Certified Refurbished packaging, which I actually think looks pretty stylish.
You also get free shipping, free returns within 30 days, and a 1-year limited warranty. So there’s basically no risk in case you get a unit with issues or you change your mind within the first month.
The one thing to note is that these don’t appear to be the newer slim models. These are the launch PS5 designs, which are a bit bigger and wider. But they don’t look very different overall.
In theory, PS Direct also sells Certified Refurbished PS5 Digital Edition consoles for $349.99 (also $150 less than the new $499.99 MSRP), but they’re currently sold out. If they come back into stock, you’ll be able to find them here.
I’m old enough to remember when game consoles would gradually come down in price over their lifespan. They might get a new design, and the aging parts would become cheaper or more streamlined to manufacture, so console makers would drop the price. Those days appear to be over. Earlier this year, Xbox announced it was raising prices. Then earlier this month, Nintendo announced it was raising prices on the original Switch console, as well as a number of accessories.
Seeing prices go up rather than down is not a great feeling! But it does mean when you see a steep discount like this one on refurbished PlayStation 5 consoles, that’s a smart time to buy.
Chris Reed is a commerce editor and deals expert for IGN. He also runs IGN’s board game and LEGO coverage. You can follow him on Bluesky.
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