THE PLAYSTATION 5 and Xbox Series X are two of the most coveted gadgets on the market – if you’re willing to part with yours, you could make a killing.
Both consoles have been in short supply, inflating their value on the second-hand market.
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The Playstation 5 launched in November 2020 to uproarious applause.
Gizmodo, a popular electronics mag, hailed the PS5’s futuristic design and found the console massively outperformed its predecessor in speed and computing power.
Off the shelf, a PS5 will go for $499 – but, the shelves are empty.
Supply chain disruptions and high demand have forced companies to backlog orders or set up ordering queues – alternatively, interested buyers can go on eBay.
PS5 listings on eBay average out to $674.50 per unit, according to Average Finder.
It’s nearly a $200 gain on the retail price for sellers – but that’s the cost of expediency for the buyer.
Sellers who are willing to part with their Xbox Series X could take advantage of similar circumstances.
The Xbox Series X is the more advanced console of Microsoft’s latest-generation – the Xbox Series S is smaller, cheaper and less powerful but will satisfy casual players.
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The Series X, like the PS5, costs $499.99 out of the box.
It’s an epic console with an imposing, large black frame – the Series X looks like the console that would be carried on Darth Vader’s Death Star.
Average Finder says that the average price of an Xbox Series X on eBay is $464.86 – but a grim outlook on resupply could result in this price jumping.
Microsoft also offers a monthly payment plan at $34.99 a month for 24 months – this totals out to almost $840 but comes with Xbox Game Pass Ultimate included.
Again, the seller wins – while the average eBay price is currently below retail, there are scores of successful Xbox Series X sales calling for more than $600.
More people have developed an interest in gaming after being restricted to their homes during the COVID-19 pandemic’s height, which has kept the demand for gaming devices high.
For players who have got their fill of fun from the consoles or want to make some quick money, this could be the time to sell.
