GameStop Sets Used PS5 Pro Price Above New Units Amid Supply Crunch

Key points

• GameStop lists used PS5 Pro units at $1,399.99 for digital models and $1,499.99 for versions with disc drives, surpassing the $899.99 cost of new consoles.
• An internal memo shared on Reddit explicitly states that pre-owned units will cost more than new ones, describing the pricing strategy as 'intentional.'
• The price hike reflects a 60-66% increase over Sony's current list price and a 100% increase over the console's 2024 launch price of $699.99.
• Supply shortages are driven by rising memory costs and high demand ahead of the November 19 release of Grand Theft Auto 6, which supports the PS5 Pro's enhanced graphics.
• Trade-in values for the PS5 Pro have risen to $800 for digital models and $850 for disc versions, exceeding the original launch price.

Background

This follows earlier reports in October 2026 regarding GameStop's pricing adjustments amid a broader supply crisis. The situation is compounded by a global memory chip shortage, with Micron's CEO warning that supply will remain tight through 2028. Sony previously raised the PS5 Pro price in April 2026, citing rising memory costs, while competitors like Nintendo and Microsoft have also adjusted pricing due to hardware shortages.

How outlets are covering it

TechPowerUp and Tom's Hardware emphasize that the used price remains lower than the open-market cost of new units, which often exceed $1,500. Game Developer highlights the broader impact on developers and consumers, noting that third-party sellers on Amazon, Best Buy, and Walmart have matched the price increase. While some outlets frame the markup as predatory, others note that the $899.99 list price is largely unavailable, making the used market the only viable option for many buyers.

Why it matters

The pricing disparity highlights the severe supply constraints in the gaming hardware market, driven by AI-related memory demand and blockbuster game launches. It forces consumers to pay premium prices for used equipment, potentially pricing out mid-tier enthusiasts and raising questions about market fairness during shortages.

What to watch

Prices may remain elevated or increase further as the Grand Theft Auto 6 launch approaches on November 19. Sony and other manufacturers may face continued pressure to adjust pricing or increase production to meet demand, while consumers may wait for the next console generation or PC ports to avoid high costs.