Sony increases prices for refurbished PS5 slims by $100 — PS5 Fortnite bundle is out of stock, marking the end of new $399 consoles

Sony just increased the price for refurbished PlayStation 5 Slim consoles by $100, bringing the Digital Edition to $499 and the disc drive model to $549. The original PS5 and Fortnite bundle now also appears out of stock at the time of writing, so you can no longer get a brand-new PS5 Digital Edition for just $399. You can see these changes on the Sony website, with u/FernandoRocker sharing the bad news to the r/PS5 subreddit yesterday.

At the moment, the cheapest PS5 you can get is still the original console for $399, although this is a refurbished model. If you want a brand-new unit, you have no choice but to shell out $599 for the PS5 Digital Edition console, or get the Ghost of Yotei Black Limited-Edition Bundle for the same price if you want the version with an optical drive.

The original and Slim versions of the PS5 have almost the same specifications, except for a couple of minor changes — the latter has a larger 1TB internal storage (versus 825GB) and comes with two USB-C ports (instead of a USB-C and a USB-A port). Otherwise, you’re not missing out on much. So, if the budget is tight, you can get the cheaper original refurbished model and then upgrade your console with one of the best PS5 SSDs later, when you have extra cash.

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The company did not make any official announcements about the price increases, so this came as a surprise to some of its fans. This also isn’t the recent price hike that Sony made on the PlayStation 5. Just last month, it increased prices across all its new consoles, with the Digital Edition models (both original and Slim) getting a $100 bump, while the PS5 Pro went from $749.99 to $899.99. Even the PlayStation Portal now costs $50 more, at $249.99.

Price hikes for brand-new consoles are understandable, especially given the ongoing memory and storage chip crisis. However, it’s unclear why refurbished PS5 Slim consoles now also cost more. After all, the original refurbished PS5 still costs the same, so we cannot chalk this up to increased labor costs.

Unfortunately, without official guidance from Sony, we can only speculate about why it increased its prices. It’s possible that the company did this to reduce demand for used Slim edition PS5s so they wouldn't run out of stock. After all, if the price difference for a new console is just $100, quite a few buyers would rather go for a brand-new model than a refurbished one.

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