PS5 Price Increase – What It Means for You
If you’ve been eyeing a PlayStation 5, you probably noticed the price tag getting bigger. Retailers are adding an extra £20‑£30 on many models, and that extra cost can feel frustrating when you’re already budgeting for games and accessories. Let’s break down why the price jumped, what it really means for you, and how you can still snag a good deal.
Why the PS5 Price Went Up
First off, the price hike isn’t a random move. Sony’s latest batch of consoles includes a newer SSD, better power efficiency, and a small firmware tweak that improves load times. Those upgrades cost a bit more to produce, so manufacturers passed part of that cost onto shoppers.
Supply chain hiccups also play a big role. Chip shortages, higher freight rates, and rising material costs all push the bottom line higher. Even if the console itself hasn’t changed much, the money needed to get it from the factory to the store has.
Finally, demand is still strong. The holiday season, new game releases, and the push into next‑gen VR all keep the PS5 in high demand. When demand stays high and supply is tight, prices naturally climb.
How to Deal With the Higher Cost
Here are a few practical ways to keep your budget in check while still getting a PS5:
1. Hunt for bundles. Retailers often bundle a game, extra controller, or a subscription with the console. The total cost can end up lower than buying each piece separately, even with the price increase.
2. Check refurbished or open‑box units. Certified refurbishments come with a warranty and are usually discounted 10‑15% off the new price. Just make sure the seller is reputable.
3. Use price‑trackers. Websites and browser extensions can alert you when a retailer drops the price. Set a target and wait for a flash sale.
4. Trade‑in old hardware. Sony’s trade‑in program gives you credit toward a new PS5. It won’t cover the whole increase, but it helps shave off a chunk.
5. Consider the Digital Edition. The PS5 Digital Edition lacks a disc drive, making it cheaper by about £50. If you mainly buy games online, this can offset the price hike.
Don’t forget to factor in the cost of a game plan. A yearly PlayStation Plus subscription can save you on game purchases and give you free titles each month, balancing out the higher console price over time.
Lastly, keep an eye on seasonal sales. Black Friday, Cyber Monday, and even back‑to‑school promos often bring the price back down to its original level, at least for a short window.
Bottom line: The PS5 price increase is real, but it doesn’t have to break the bank. By watching for bundles, refurbished units, and smart trade‑ins, you can still enjoy next‑gen gaming without overspending.
