GameStop has been listing a pre-owned PS5 Pro for around $1,400 on its US site, about $500 more than the $899.99 Sony charges for a new one, according to Kotaku and TheGamer.
Yes, the used console costs more than the new one. If that sounds backwards, you are not alone.
What was reported
Kotaku, in a piece dated October 6, said GameStop was selling a used standard-edition PS5 Pro for $1,400. The same report put the new unit at GameStop's $900 list price but said it was out of stock when the article ran.
TheGamer followed on October 7 with a higher number. It reported a pre-owned or refurbished PS5 Pro listed at $1,499.99, possibly a disc-drive version (the article does not say so outright), and $1,429.99 for GameStop Pro members. TheGamer also said GameStop would pay up to $880 on a PS5 Pro trade-in.
The figures differ by listing, not necessarily by error. Headlines from other outlets that turned up in search results cite $1,399 or $1,400 for the standard unit, which would line up with Kotaku, but we did not open those pieces and do not rely on them. Prices on a retailer's site can change without notice, so treat all of these as snapshots from early October, not a live price check.
The memo, and why nobody can confirm it
Both outlets point to an internal GameStop memo. Kotaku says it was leaked on Reddit, that it reportedly called the above-retail pricing "intentional," and that it suggested certain used variants would sell for $1,400 to $1,500. TheGamer says the memo described a coming price increase for the Pro, scheduled for October 16. That conflicts with Kotaku's October 6 article, which already showed the $1,400 listing, so the reports disagree on when the pricing started. We can't say which is right, or whether the listing simply went live early.
Neither article includes an official GameStop statement. Kotaku says it contacted the company and reports no response, and it notes the memo's authenticity is not confirmed. We have not seen the memo ourselves, so this stays in "reported, unverified" territory.
As for the why, Kotaku cites former GameStop employees who suggest the chain is struggling to get new PS5 Pros, which are costly to stock. Used consoles, bought cheaply through trade-ins, can be priced at whatever the store likes. Kotaku also points to rising demand from people upgrading before Grand Theft Auto 6. Those are theories, not company statements.
The Sony price underneath it
The $899.99 baseline is verifiable. In a PlayStation Blog post dated March 27, 2026, Sony set new US prices effective April 2: PS5 at $649.99, PS5 Digital Edition at $599.99, PS5 Pro at $899.99, and PlayStation Portal at $249.99. Isabelle Tomatis, Sony Interactive Entertainment's VP of Global Marketing, cited "continued pressures in the global economic landscape."
Some secondary sites have claimed Sony rolled those prices back in August. I could not find a PlayStation Blog post or major-outlet report confirming that, and Sony's own March post is the last primary source I opened, so we are not treating a rollback as fact.
What the GameStop PS5 Pro price means for buyers
If you want a PS5 Pro, a $1,400 pre-owned unit at a retailer that also lists the new one at $899.99 is the wrong place to land. The most plausible explanation, going by the former employees Kotaku quotes, is a new-stock shortage, though that is theory rather than confirmed fact. If you already own one and are planning a desk around it, our PS5 Pro desk setup guide covers the 120Hz side of that, and our GTA 6 release date tracker has the launch context driving some of this demand.
Worth watching: whether GameStop comments on the memo, and whether new-unit stock returns at $899.99 before the GTA 6 rush. We'll update if either happens.
Sources: Sony, New Price Changes for PS5, PS5 Pro, and PlayStation Portal remote player (PlayStation Blog); Kotaku, GameStop Is Now Selling Used PS5 Pros For $1400; TheGamer, GameStop Ups The Price Of Pre-Owned PS5 Pro To $1,500; Tom's Guide, PS5 Pro restocks (headline only).
