Sony Offers Up to $400 Cash for Used PS5s Before GTA 6 Launches
Short answer: Some US PlayStation users got a notice in the PlayStation app about a PS5 trade-in with Back Market. It pays up to $400 cash for a standard PS5 in excellent condition with two controllers, by direct deposit, until 31 December 2026.
By Jake Morrison · Sources checked by GTA6Geek Editorial · Published · Last updated · 5 min read
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What is the PS5 trade-in offer?
Reported Sony has teamed up with Back Market, a site that sells refurbished electronics, to buy back used PS5 consoles. The two companies ran a similar PS4 trade-in in 2024. The notice reached US players through the PlayStation app two weeks before GTA 6 launches.
Is this real? Yes, reported by major outlets
Who said it: Sony PlayStation and Back Market (trade-in offer sent through the PlayStation app). Sources: BGR, Kotaku, Notebookcheck. Our view: The offer is real but only for US users who got the notice. The final price depends on your console. Checked: 5 Nov 2026.
How much you can get
| What | Detail |
|---|---|
| Top payout | Up to US$400 for a standard PS5 in excellent condition with two controllers |
| Payment | Cash by direct deposit |
| Ends | 31 December 2026 |
| Who | US users who got the notice in the PlayStation app |
| What changes the price | Model, edition, condition and whether you have the original box |
For comparison, BGR says Best Buy and GameStop pay up to about $275, and GameStop pays in store credit.
Why this matters for GTA 6
GTA 6 is only on PS5 and Xbox Series X|S at launch on 19 November. Some players are selling an old PS5 to put the money toward a PS5 Pro. Before you trade in, move your saves and remember GTA 6 needs about 210 GB of space. See GTA 6 on PS5 Pro.
Sources
Labels: Official = Rockstar or the company itself, Reported = previews or press, Unconfirmed = not stated by Rockstar.
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Frequently asked questions
How much will Sony pay for a used PS5?
Up to $400 cash through Back Market for a standard PS5 in excellent condition with two controllers.
Is the PS5 trade-in available outside the US?
It has only been reported for US users who received the PlayStation app notice.
When does the PS5 trade-in offer end?
31 December 2026.
When does GTA 6 come out?
19 November 2026, on PS5 and Xbox Series X|S.
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