Sony is offering US gamers up to $400 for their used PlayStation 5. Here's why you should think twice before trading it in

Wait 5 sec.

Sony is partnering with Back Market to offer up to $400 for trading in used PlayStation 5 consoles. Gamers can obtain cash based on the console's condition, model, and accessories included with it. This trade-in program, running until December 31, 2026, is focused on existing players rather than attracting new buyers. With the upcoming release of GTA 6, demand for consoles is expected to increase significantly.