GameStop raises used PS5 Pro prices to $1,499

GameStop has implemented a significant price increase for pre-owned PlayStation 5 Pro consoles, with prices reaching between $1,399.99 and $1,499.99. This pricing strategy places used units at a substantially higher cost than the official manufacturer's suggested retail price (MSRP) for new consoles, which currently stands at $899.99.

Internal memos leaked via Reddit indicate that this pricing shift was “intentional.” Industry analysts and consumers attribute the surge to severe hardware shortages and high demand driven by the upcoming release of Grand Theft Auto VI. The scarcity of new units has allowed retailers to capitalize on the market, with some third-party resellers on platforms like Amazon listing consoles for even higher amounts.

In addition to retail price hikes, GameStop has also adjusted its trade-in values, offering between $800 and $850 for used PS5 Pro models. While Sony has previously cited global economic pressures and component costs for price adjustments, the current disparity between new and used hardware has drawn criticism from gamers who view the move as price gouging.