Scalpers Now Losing Up to 30 Percent on PS5 Consoles, but Xbox Series X Prices Remain High

[Tsing]

Image; Sony



PlayStation 5 consoles are still challenging to purchase outside of a generous invitation from Sony, but despite the scarcity, their value on auction sites has begun falling drastically.



As reported by Forbes, PS5 prices on online marketplace StockX have fallen by nearly 30 percent over the last year. Sony’s next-gen console managed to hit $1,000 on Cyber Weekend 2020 for the disc version, but the system has now dropped to $715 in September.



Resellers I have spoken with echo the fall in prices, with one eBay vendor – called Matt – telling me that sales remain consistent but the prices are steadily dropping. “To put it into perspective, at the beginning of July I would have auctions ending at around $760 + $40 for shipping easily. Now, I had an auction have no bids at $729 + $40 shipping and I just had one end at $709+$40 shipping.”



In contrast, the...

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[Uvilla]

Hopefully this means people are actually learning to starve the trolls.

 

[MadMummy76]

Nah, it's just that we are running out of people both stupid and rich enough to pay scalper prices.

 

[Brian_B]

Getting 30% less isn’t the same thing as losing 30%.
Scalpers are still making money.