Best time to sell PS4 / Xbox One for funding PS5 / Xbox Series X

[brokenswiftie]

I was wondering while planning for next-gen console and game purchases when is the best time to sell my PS4 Pro and Xbox One X to get the maximum trade-in value

I'll have to wait till I finish Ghost of Tsushima, TLOU2 etc to sell my PS4 sometime during July, so that's easy to estimate unless Sony announces something

for Xbox One, I might keep it till October for Cyberpunk 2077 or sell it sooner since by then it won't be worth much I guess, but ill miss out on all those months of Gamepass so it's not as easy a decision.

Has anyone decided when they are gonna sell your current-gen consoles? or will you sell em after you get the next-gen variant? or will you not sell em at all?

 

[Powerofthecloud]

Now, play the games on the newer consoles when they come out.

 

[Rox]

I sold my PS4 and games a few weeks ago

Got £570 for everything so i should be good to go when preordering goes live.

If you don't want to play exclusives at release then sell them now.

 

[Fuzzy]

Now, play the games on the newer consoles when they come out.

Click to shrink...

☝

 

[brokenswiftie]

I sold my PS4 and games a few weeks ago

Got £570 for everything so i should be good to go when preordering goes live.

If you don't want to play exclusives now then sell it now.

Click to shrink...

yeah that's the thing lol
I don't wanna risk getting spoiled about TLOU2 or Ghost by the time next-gen arrives
but 570 GBP sounds really good
how many games did you sell?

 

[Cthulhu_Steev]

I sold my 1X a few weeks ago, keeping the PS4 because I can't wait to play GoT and TLOU2. I have Game Pass Ultimate up till 2022, but I wasn't using it, 1X was a BC machine - and I have PC for anything I really must play in the meantime.

 

[Imitation Of Life]

Now, but I have still games have coming out that I want to play on current gen. And I like my PS4 a lot better as a media center than my smart TV.

 

[R0987]

I think before they release since im not sure what effect BC will have on the value of the current gen.

 

[Deleted member 61326]

Generally too much of a hassle to sell. When I get a PS5 I'll give my Pro to a friend, and same for Xbox Series X and Xbox One X.

 

[zombiejames]

A month or two before the new systems launch.

 

[t26]

As soon as possible.

 

[Senor Spielbergo]

The sooner the better no?

 

[Lord Azrael]

Some stores might have trade in deals no? Those are usually good value

 

[GamerDude]

I will do a trade-in during launch most likely. Getting a couple hundred dollars CAD for my PS4 Pro will be good enough. As long as it brings the price of the new system below $400 CAD.

 

[FirMatt]

Well, doesn't Gamestop (provided they still exist in November) do trade-in boost promotions in the month or two before a new console launches?

 

[samred]

Depends on whether your favorite local Gamestop makes it to November 2020, really.

 

[Rox]

yeah that's the thing lol
I don't wanna risk getting spoiled about TLOU2 or Ghost by the time next-gen arrives
but 570 GBP sounds really good
how many games did you sell?

Click to shrink...

I'm sure you can get away with not being spoiled you'll just have to be careful lol

I sold a good few games and a pro controller too (Razer) it was a LE console so that's why I got more than I expected.

Kept a good few games though since they'll work on the PS5.

 

[SMD]

.

 

[RavFiveFour]

Trading in consoles is smart especially with backwards compatibility support.

 

[Deleted member 10428]

As I have all three consoles and a healthy backlog I'll keep them as long as possible. If PS5 is fully BC I'll consider selling my PS4 to fund it but my X1X stays.

 

[brokenswiftie]

Should have added a poll option for already sold lol seems like

 

[DriftingSpirit]

Now, play the games on the newer consoles when they come out.

Click to shrink...

Ayy!

I've been planning this since last year. After playing stuff like Control, I just want to play these new games as best as possible.

Even if that only means better loading (which wouldn't be the case), I'm willing to wait. I'll just play my backlog for the rest of the year.

 

[Emrober5]

GameStop (if it still exist by this time) will likely have trade in deals for the systems when they launch.

I will gladly take $200 or more for my One X from them, much more convenient than selling myself.

 

[entremet]

These are very old consoles by now.

Used consoles are going for 150 on eBay rn.

 

[KingPat]

Maybe I might trade in one of my PS4 pro's (one is god of war and the other is the 500 million) but the xboxs I have are fantastic 4k Blu Ray players

 

[Malcolm9]

I sold my PS4 and games a few weeks ago

Got £570 for everything so i should be good to go when preordering goes live.

If you don't want to play exclusives at release then sell them now.

Click to shrink...

Daylight robbery, what else did you sell with it? ha ha.

 

[Tohsaka]

Depends on whether your favorite local Gamestop makes it to November 2020, really.

Click to shrink...

That's what I'm banking on. There are still several upcoming PS4 exclusives coming out that I don't want to wait 6 months or so to play, so I'm holding onto my Pro for now.

 

[entremet]

I'm sure you can get away with not being spoiled you'll just have to be careful lol

I sold a good few games and a pro controller too (Razer) it was a LE console so that's why I got more than I expected.

Kept a good few games though since they'll work on the PS5.

Click to shrink...

Ah LE. That makes sense. GL getting that type of price for standard console lol.

 

[brokenswiftie]

no GameStop where I live, so ill have to use like craigslist type sites to sell mine
My Pro is the spiderman one, maybe I can still get a good deal in july

 

[Cthulhu_Steev]

Should have added a poll option for already sold lol seems like

Click to shrink...

I only got £162 for mine, and now I have no 4K disc player, so I kind of regret it, but I'll be getting the new X series when (if) it releases this year, so no real hardship. I could do with finishing Yoshi and Luigi for my Switch before the new consoles release.

 

[MadMike]

GameStop always has trade in deals towards new platforms. I'll sell my Pro when that happens. Not in a rush, and I've already put aside money for the PS5, so I'm not too worried about it.

 

[BrickArts295]

Pray for GameStop to survive until next year. I'd like to trade my consoles hassle free even if they are undervalued by them.

 

[MercuryLS]

Going to sell my PS4 Pro after I beat The Last of Us Part 2 in the summer. I don't play it a ton to begin with.

I'm saving up PC Optimum points to put them towards the PS5, Shoppers Drug Mart does points trade in events every once in a while so I will wait until they do trade in 300,000 points ($300 in points) and get a bonus 150,000 points ($150 extra), so that $450 will go towards the PS5, which I'm assuming will be around $650 Canadian if it's $500USD.

The money I get from selling the PS4 Pro will partially offset the difference, whatever extra I get I'll pocket and use towards games and accessories.

 

[Athrum]

Don't sell your hardware

 

[Nax]

Just wait for Gamestop to put up their trade in deal for the new consoles. You get way more for your old consoles than you will anywhere else.

 

[PlayerOne]

Gonna sell my pro after tlou2 and play ghost on next gen.

 

[MrLPG]

-

 

[Secretofmateria]

I usually do it about a month or two out from
The new console releases.

 

[Deleted member 45130]

As soon as possible for maximum trade in value. I'll sell mine a week or two before release if I'm playing anything, if not, sooner. Hoping I'll get between £250-300 for both my One X and 1TB base PS4.

 

[ObbyDent]

If Gamestop lasts that long, I'll be doing a trade in deal with them for my PS4 Pro. I'm hoping to at least get $250 but I can settle for $200 because fuck selling shit to people

But without an absolute confirmation of how PS5 BC will work I'm not jumping the gun.

 

[ridaxan]

I'll probably give away both of my PS4 pro's when the next consoles are available.

 

[Araujo]

As soon as prices are know as the more reactionary folks will be dumping the thing

 

[Th0rnhead]

It all really depends. We still know hardly anything about the PS5, and have no idea what it's gonna launch with. If there's barely any games I want at launch, I might just wait a bit before jumping in. Unless recent/upcoming PS4 exclusives have upgrades on PS5—then I might consider it.

 

[LightKiosk]

In my opinion, now. I managed to sell my Pro for $250 a few weeks back, and double checking now, they're all in the $180-200 range these days.

I can only assume they'd go down in value even more when the PS5 gets announced and people really start offloading them.

 

[Rox]

Ah LE. That makes sense. GL getting that type of price for standard console lol.

Click to shrink...

Yeah I was surprised to see my machine fetched so much more than a normal one. It was scratched up to hell though but still got a good price on it.

 

[thenexus6]

I doubt I will get much, so I will just use as a Blu ray player for the other room.

 

[zoodoo]

My xbox one is being used every single day for games and as a media player. So until it is confirmed that Netflix, Youtube and vlc are in day one I will not sell it.

 

[defaltoption]

Sold my X and Pro last year, I have an S around but I probably wont sell it and just keep it as a bluray and extra room game console. I have been using my pc for games though since its stronger then the S.

I'd say earlier the better if you have an alternative way to play and want cash but if you don't then just wait for some trade in credit deals, they always come around.

I'll be playing Last of Us 2, Ghosts, and Halo on the new machines. Cyberpunk I'll play on my PC and the stronger of the new machines, I have a 5700xt so I already know the new Xbox will be better.

 

[RestEerie]

not really selling. I still have my base PS4 when i upgraded to Pro. Heck, i still have my OG pixel xl even though i am on Pixel 3a XL now. My collection of google nexus is still in my closet.

For whatever reason, i never sell my hardware to fund future hardware purchase.

 

[Seijuro]

Actually I haven't really thought about selling my PS4. But since PS5 will have backwards-compatibility and I have a mortgage to pay since the last console gen arrived I will probably do it. I have a vanilla launch PS4, but replaced the hard drive with a 2TB one. Hope I can still make some € with it in the summer.