How Much Are People Selling PS4 For?
The price people are selling PlayStation 4 (PS4) consoles for varies significantly depending on several factors, but a general range can be provided. A used PS4 Slim typically sells for between $100 and $200. A used PS4 Pro usually fetches between $150 and $250. These are just average ranges, and the actual selling price can fluctuate based on condition, included accessories, and the specific marketplace.
Factors Affecting PS4 Resale Value
Several key elements influence the price a used PS4 can command in the resale market. Understanding these factors will help both sellers aiming to maximize profit and buyers looking for a fair deal.
Console Model
The PS4’s model is arguably the biggest determinant of its resale value. The original PS4, the slimmer PS4 Slim, and the more powerful PS4 Pro all have different capabilities and, consequently, different price points. The PS4 Pro, offering 4K gaming and enhanced performance, naturally commands a higher price than the standard or Slim models.
Condition
The physical and functional condition of the console is paramount. A PS4 in mint condition, with no scratches, dents, or other cosmetic damage, will be more valuable. A console that functions perfectly, without any glitches, overheating issues, or controller problems, will also command a higher price. Sellers should honestly assess and disclose any flaws.
Included Accessories
The inclusion of original accessories such as controllers, cables (HDMI, power cord, charging cable), and even the original packaging can increase the resale value. Extra controllers are a particularly desirable addition, as they allow for multiplayer gaming right out of the box.
Storage Capacity
The internal storage capacity of the PS4 also plays a role. Models with larger hard drives (e.g., 1TB) tend to be more valuable than those with smaller drives (e.g., 500GB), as they can accommodate more games and downloadable content.
Bundled Games
Bundling games with the console can significantly increase its appeal and, therefore, its selling price. Popular and highly-rated games are more likely to attract buyers and justify a higher asking price. Digital games tied to the console account might raise ethical concerns, however.
Marketplace
The platform used to sell the PS4 influences the price. Online marketplaces like eBay, Facebook Marketplace, and Craigslist have varying levels of competition and buyer demand, which can impact prices. Local game stores or pawnshops may offer lower prices due to their business model.
Time of Year
Seasonal demand can also affect prices. Gaming consoles often see increased demand during the holiday season (November-December) as well as during back-to-school periods. Sellers may be able to command higher prices during these times.
Where To Buy and Sell Used PS4 Consoles
Knowing where to conduct your transaction is a key part of getting the best price possible when buying or selling a used PS4.
Online Marketplaces
- eBay: Offers a wide audience and competitive bidding, but selling fees can be a factor.
- Facebook Marketplace: Allows for local sales, reducing shipping costs and enabling in-person inspections.
- Craigslist: Similar to Facebook Marketplace, focusing on local transactions. Exercise caution and meet in a safe, public place.
- OfferUp: Another popular platform for local buying and selling.
Local Game Stores and Pawn Shops
- GameStop: Offers trade-in credit, which can be convenient, but the value is often lower than private sales.
- Local Game Stores: May offer better trade-in deals than larger chains and support local businesses.
- Pawn Shops: Typically offer the lowest prices but can be a quick way to sell.
Tips for Buying a Used PS4
- Thoroughly inspect the console: Check for physical damage, test all ports and functions, and ensure the controllers work correctly.
- Ask about the console’s history: Inquire about how frequently it was used, whether it has ever been repaired, and if it has been exposed to smoke or pets.
- Negotiate the price: Don’t be afraid to make an offer, especially if the console has some flaws or if you’re buying multiple items.
- Meet in a safe place: If buying locally, choose a public place to meet and inspect the console before handing over payment.
- Consider purchasing from reputable sellers: Look for sellers with positive reviews and a history of successful transactions.
Tips for Selling a Used PS4
- Clean the console thoroughly: A clean and well-presented console will make a better impression on potential buyers.
- Provide detailed and accurate descriptions: Be honest about the console’s condition, included accessories, and any known issues.
- Take high-quality photos: Showcase the console from multiple angles and highlight any desirable features or included accessories.
- Price competitively: Research the current market prices for similar consoles and adjust your price accordingly.
- Be responsive to inquiries: Promptly answer any questions from potential buyers and be willing to negotiate.
Frequently Asked Questions (FAQs) About Selling a PS4
1. Will the price of PS4 keep dropping?
Yes, generally, the price of the PS4 will continue to drop as time goes on. New consoles are more advanced and push the price of old consoles down.
2. What is the best time to sell my PS4?
Ideally, sell your PS4 before the holiday season rush when demand is high. Alternatively, selling shortly after a new console release can also fetch a better price, before the older model becomes widely available at lower prices.
3. How can I increase the value of my used PS4?
Clean it thoroughly, include all original accessories, bundle popular games, and provide a detailed and honest description of its condition. Taking good photos is also essential.
4. Is it better to sell my PS4 online or locally?
Online marketplaces offer wider reach, potentially leading to a higher price. Local sales are quicker and avoid shipping costs, but may result in a lower price. Consider your priorities and timeline.
5. What should I do before selling my PS4 to protect my data?
Completely wipe the console’s hard drive to remove all personal data. Deactivate the console from your PlayStation Network account to prevent unauthorized access.
6. Does the color of my PS4 affect its resale value?
Generally, no. Standard black consoles are the most common, and color variations typically don’t significantly impact the price unless they are rare or limited edition models.
7. How much can I expect to get for a PS4 with a broken controller?
A broken controller will reduce the overall value. Factor in the cost of a replacement controller when setting your price, and be transparent about the issue in your listing.
8. Should I include digital games with my PS4 sale?
Selling a console with digital games violates PlayStation’s terms of service. The digital games are tied to your account, not the console itself. It’s best to avoid this practice.
9. What if my PS4 has never been used?
A never-used PS4 (new old stock) will command a significantly higher price, approaching or even exceeding the original retail price, especially if it’s a limited edition model.
10. How does the warranty status of my PS4 affect its value?
If the PS4 is still under warranty, it can increase its value slightly, as the buyer has some protection against potential defects.
11. Is it worth selling a heavily damaged PS4?
Heavily damaged PS4s have limited value and may only be suitable for parts. Consider selling it as “for parts” or donating it for recycling.
12. What are the shipping costs when selling a PS4 online?
Shipping costs vary depending on the carrier, weight, and destination. Factor in these costs when setting your selling price and offer multiple shipping options if possible. Consider offering free shipping to attract more buyers.
13. How can I avoid scams when selling my PS4 online?
Use reputable platforms with buyer/seller protection, be wary of unusually high offers or requests for payment outside the platform, and never ship the console until payment has cleared.
14. What if my PS4 is jailbroken?
Selling a jailbroken PS4 is generally not recommended, as it violates PlayStation’s terms of service and may attract buyers with malicious intentions. Be transparent about the jailbreak in your listing.
15. Are limited edition PS4 consoles worth more?
Yes, limited edition PS4 consoles, such as those themed around specific games or characters, are often highly sought after by collectors and can command a significantly higher price than standard models. Condition and completeness (original box, accessories) are critical factors.