10 Best Places to Sell Your PS5 (Cash or Credit) (Oct 2023)

Best Places to Sell Your Old PS5
You are here:
  • Online buyback stores offer a high price for your used PS5 unit. Compare prices and reviews to get the best deal for your console.
  • You can get 10% to 20% more when you sell your console on marketplaces, but they need to put up a listing and respond to queries that may require a lot of work.
  • In-store and carriers offer the least when trading in a PS5 unit. However, you can score occasional upgrade deals.

Summary: Who Pays The Most?

BuyBack CompanyMintPayout Type
BankMyCellBEST PRICEOnline Buyback
Its Worth More-11.54%Online BuyBack
Gadget Traders-39.83%Online BuyBack
Store Trade-inMintPayout Type
BankMyCellBEST PRICEOnline Buyback
GameStop -3.05%Retail Store
Best Buy-30.77%Retail Store
MarketplaceMintPayout Type
BankMyCellBEST PRICEOnline Buyback
eBayAuctionMarketplace
RedditMarketplaceMarketplace

*Price check quotes based on the latest Playstation Model (Oct 2023)

BEST Payouts (41%-123% More)

It's Simple - Register your sale, drop your phone off at a local postal service and earn more

Compare PS5 Buyback/Trade-in Deals

Best Online Buyback Stores (Cash)

PS5 Online Buyback Store Options

bankmycell logo

Average Customer Rating:

icon review 4.5

4.4 out of 5 on Trustpilot

Avg. Trade-in Quote:

TOP PAYOUT

*Compare everyone’s deals here, Guaranteed Top Payouts!

Description

Use BankMyCell when trading in a used PS5 because it compares trade-in values for PlayStation 5 and PS5 Digital Edition models. BankMyCell is the best place to sell used PS5s.

The site provides quotes with options based on the current condition of the PlayStation, payment methods, and shipping methods

Payment & Shipping Options

  • Conditions Accepted: Good, Mint, Cracked, Faulty
  • Payment Methods: Direct Deposit, PayPal, Check, Cash App, Zelle, Amazon Gift Card
  • Things to Expect: Free shipping label, free returns after a failed final inspection, shipping pack, collection service
itsworthmore logo

Average Customer Rating:

icon review 4.5

4.8 out of 5 on Trustpilot

Avg. Trade-in Quote:

-11.54% Less

Description

This website offers various payment methods, including paper checks and PayPal, convenient for those who prefer not to be paid in cash.

Compared to other trade-in programs and online marketplaces, it still has a high trade-in value to get more money for your device.

It provides quotes with options based on the condition of your PlayStation and other factors.

Payment & Shipping Options

  • Conditions Accepted: Good, Mint, Cracked, Faulty, Broken
  • Payment Methods: Direct Deposit, PayPal, Check, Zelle, Vemm
  • Things to Expect: Free shipping label, Free returns
gadget traders

Average Customer Rating:

icon review 5

4.7 out of 5 on Trustpilot

Avg. Trade-in Quote:

-39.83% Less

Description

Its Trustpilot score indicates that it is one of the best buyback stores for selling your used game console. It offers the best PS5 trade-in value but only provides two payment methods.

It provides quotes with options based on the condition of your PlayStation and other factors.

Payment & Shipping Options

  • Conditions Accepted: Good, Mint, Cracked, Faulty, Broken
  • Payment Methods: PayPal, Check
  • Things to Expect: Free shipping label, Free returns

*Price check quotes based on the latest Playstation (Oct 2023)

Best PS5 Seller Marketplaces (Cash)

PS5 Seller Marketplace Options

bankmycell logo

Average Customer Rating:

icon review 4.5

4.4 out of 5 on Trustpilot

Avg. Trade-in Quote:

TOP PAYOUT

*Compare everyone’s deals here, Guaranteed Top Payouts!

Description

Use BankMyCell when trading in a used PS5 because it compares trade-in values for PlayStation 5 and PS5 Digital Edition models. BankMyCell is the best place to sell used PS5s.

The site provides quotes with options based on the current condition of the PlayStation, payment methods, and shipping methods

Payment & Shipping Options

  • Conditions Accepted: Good, Mint, Cracked, Faulty
  • Payment Methods: Direct Deposit, PayPal, Check, Cash App, Zelle, Amazon Gift Card
  • Things to Expect: Free shipping label, free returns after a failed final inspection, shipping pack, collection service
ebay logo

Average Customer Rating:

icon review 1

1.2 out of 5 on Trustpilot

Avg. Trade-in Quote:

Auction*

*eBay is an auction website, prices vary

Description

Selling your used PlayStation on eBay is a good option. The only disadvantage is that you are in charge of your console’s listing, including taking photos and communicating with buyers.

There are also additional charges for every sale.

You create a listing on the site and set a price based on the condition of your PlayStation and other factors.

Payment & Shipping Options

  • Conditions Accepted: Good, Like New, Broken, Faulty
  • Payment Methods: PayPal
  • Things to Expect: NO free Shipping or shipping pack
Reddit logo

Average Customer Rating:

icon review 5

4.9 out of 5 on Trustpilot

Avg. Trade-in Quote:

Marketplace*

*Reddit is a marketplace, prices vary

Description

r/GameSale Reddit thread

You’re instantly reaching out to your target market because the thread’s members are used PS5 buyers or Xbox series users.

You need to advertise the PlayStation you’re selling on the thread.

Payment & Shipping Options

  • Conditions Accepted: Like New, Good
  • Payment Methods: It is determined by your agreement with the buyer.
  • Things to Expect: NO free shipping label or shipping pack

*Price check quotes based on the latest Playstation (Oct 2023)

Best In-Store PS5 Trade-in (Store Credit Only)

In-Store PS5 Trade-in Options

bankmycell logo

Average Customer Rating:

icon review 4.5

4.4 out of 5 on Trustpilot

Avg. Trade-in Quote:

TOP PAYOUT

*Compare everyone’s deals here, Guaranteed Top Payouts!

Description

Use BankMyCell when trading in a used PS5 because it compares trade-in values for PlayStation 5 and PS5 Digital Edition models. BankMyCell is the best place to sell used PS5s.

The site provides quotes with options based on the current condition of the PlayStation, payment methods, and shipping methods

Payment & Shipping Options

  • Conditions Accepted: Good, Mint, Cracked, Faulty
  • Payment Methods: Direct Deposit, PayPal, Check, Cash App, Zelle, Amazon Gift Card
  • Things to Expect: Free shipping label, free returns after a failed final inspection, shipping pack, collection service
GameStop logo

Average Customer Rating:

icon review 2.5

2.4 out of 5 on Trustpilot

Avg. Trade-in Quote:

-3.05% Less

Description

Its Trustpilot rating shows that it’s one of the top buyback stores available for your PS5. However, it only provides two payment methods. It also doesn’t offer free shipping.

The store evaluates your device and gives a price based on the condition of your PlayStation and other factors.

Payment & Shipping Options

  • Conditions Accepted: Good, Mint
  • Payment Methods: Cash, Gamestop Gift Card
  • Things to Expect: NO free shipping label or shipping pack
bestbuy logo

Average Customer Rating:

icon review 1

1.3 out of 5 on Trustpilot

Avg. Trade-in Quote:

-30.77% Less

Description

It does not offer the best price because other stores offer a better deal, but it is also one of your choices where to sell your used PS5.

If you’re a frequent Best Buy shopper, this is an excellent option because it pays with a gift card or store credit.

The store provides a quote based on the condition of your PlayStation and other factors.

Payment & Shipping Options

  • Conditions Accepted: Good, Cracked, Faulty
  • Payment Methods: Best Buy Gift Card
  • Things to Expect: Shipping Pack

*Price check quotes based on the latest Playstation (Oct 2023)

Best Classified Ad Websites

OfferUp

It’s an excellent place to sell PS5 models, particularly used ones. You need to post a classified ad as the seller to let people know about your console.

This site has buyer ratings, and if your profile doesn’t have a score, people may be hesitant to buy from you.

You create a listing and set a competitive price for your PlayStation.

Payment Methods: It is determined by your agreement with the buyer.
Things to Expect: You may have to meet up with the buyer to give them the device.

Craigslist

You must post a listing, which includes taking photos of the console and responding to buyers. You will also post a quoted price on your own, but it is not guaranteed that consumers will accept it because they can request a discount via message.

You set a price based on the condition of your used Playstation and post an ad.

Payment Methods: It is determined by your agreement with the buyer.
Things to Expect: NO free shipping, need to meet up with buyer

Where Can I Sell My PS5?

Before trading in your PS5, check quotes and comparisons online. You can lose hundreds of dollars when you choose the wrong quote.

To help you decide, we’ve compiled the best PS5 buyers into categories:

Online Buyback Stores: High payout and free shipping. They require you to register sales online.
Digital Marketplaces and Classified Ads: Provide a high payout, but you need to create a listing.
In-Store & Carrier Trade-ins: They provide low to medium payouts, but their processes are more straightforward. They pay with credit or gift cards instead of cash.

How to Get Paid The Most Money for Used PS5s

Here are tips on how you can sell your PlayStation 5 for a high price:

Keep Your Device in Good Condition

Expect a high return if your console is still in good condition, such as having no damages or software issues.

Compare Resale Prices

Of course, when trading in a PS5, you want to get the best price possible. You can compare prices at BankMyCell.com, where we will provide an overview of the most recent used device prices.

Best for Broken PS5

Do you have a broken PlayStation? You should sell it as soon as possible. If you leave it collecting dust, its price will depreciate, and you will miss out on a good deal.

Keep in mind that as newer devices are available, your broken PS5 depreciates further.

Summary

Always compare buyback prices.

It’s important to compare prices from different stores to know which provides the best prices for your used PS5. At BankMyCell, you can filter the various shops that accept PS5 trade-ins.

BankMyCell also compares the prices for broken PS5 units.

You can also check BankMyCell’s site for broken PS5 units. Do you have a faulty device or a damaged one? You can still sell it. Don’t just keep your PlayStation at home and wait for its price to depreciate.

Some stores are willing to purchase it. View BankMyCell.com today!