GameStop Raises Used PS5 Pro Prices to $1,400, Double Launch MSRP

GameStop has increased prices for used PlayStation 5 Pro consoles to $1,399.99 for the all-digital model and $1,499.99 for versions with optical drives, effective October 6, 2026. This represents a $500–$600 markup above Sony's current MSRP of $899.99 for new units. The price hike applies to multiple variants, including standard white editions and special variants tied to popular games like Wolverine and 30th Anniversary editions. Trade-in values were set at $800–$850 depending on the model.

GameStop's internal memo, leaked to media outlets, explicitly stated that the used console pricing would be "higher than the new console" and that this was "intentional." The retailer's website confirmed the new pricing, though major U.S. retailers reported new PS5 Pro stock as out of stock at the time of reporting. Third-party resellers on Amazon, Best Buy, Walmart, and eBay have similarly raised prices for used units, with some eBay listings closing above $1,000 and scalper-held new units exceeding $1,250.

The price increase is attributed primarily to supply scarcity and heightened demand. Grand Theft Auto VI's scheduled November 2026 release is widely cited as a demand driver, though neither Rockstar nor GameStop have officially confirmed a direct link between the game and the pricing decision. Component shortages, particularly in memory chips diverted to AI data center production, have constrained new console supply. PlayStation raised the PS5 Pro's MSRP twice in 2025–2026: by $50 in August 2025 and by $150 in April 2026, citing economic pressures and component costs.

Analysts note that used hardware typically commands a discount once supply normalizes, suggesting current premiums could shrink substantially if new inventory recovers. The phenomenon marks a significant departure from historical console pricing patterns, in which hardware costs typically declined over a generation's lifespan. The PS5 Pro launched in November 2024 at $699—already a steep price compared to the PS4 Pro's $399 2016 launch—and has since doubled in used-market value at GameStop.