Console prices rise ahead of GTA VI release

The upcoming release of GTA VI is driving a significant price increase in the used console market. Consumers looking for PlayStation 5 or Xbox Series X/S hardware are seeing prices rise, with even the entry-level Series S models increasing by approximately 30 percent in recent months.

This surge in demand is attributed to the anticipated record-breaking sales of the Rockstar Games title, which is scheduled for release on November 19. Because GTA VI will not be compatible with older generations like PlayStation 4 or Xbox One, players are rushing to upgrade to current-generation hardware. Additionally, rising memory prices have contributed to the increased cost of new console units.