Best Black Friday PS5 deals in 2024: Holiday discounts offered all year

November 29, 2024


7 mins read


Miguel G.

Miguel G.

Sr. Tech Copywriter (US)

When is the best time to buy a PS5? You can look for Black Friday or Cyber Monday deals in 2024 or buy anytime on Back Market.

PS5 deals in 2024: what to expect

If you’re eager to get your hands on a PS5 this upcoming Black Friday, you likely want to know what deals to expect. Since not many stores have released pricing information, we have to analyze pricing over the past few years to indicate what to expect. 

The PlayStation Direct store has already released their Black Friday prices and surprisingly, they're offering direct discounts on their consoles! Usually, we'd see only bundling deals with games or PlayStation Plus from PlayStation or other retailers, but this year you can save on just purchasing a console. Both the regular PS5 console and the PS5 Digital Edition are $75 off on the PlayStation store ($424.99 and $374.99 respectively). That's a great deal and you can expect popular retailers like Best Buy, Walmart and Target to offer the same.

PlayStation is also offering bundle deals with Digital Edition PS5 Fortnite Cobalt Star or NBA 2K25 for $374.99 saving you about $125. This is definitely one of the bigger discounts we've seen for the PS5 console compared to years past.

Alternatively, you can always compare prices on Back Market to see what the best price on a verified refurbished PS5 can get you. Right now, prices start at $419 for the standard PS5, which might be more attractive if you're looking to spend the absolute least amount on a quality PlayStation 5 console.

PS5

You'll also find good discounts on PS5 games. According to last year's statistics, major titles should see 30% and 50% discounts on Black Friday. PlayStation has already marked down popular games that normally cost $69.99 down to the $30 range, including NBA 2K25, Marvel's Spiderman 2 and Madden NFL 25. Other games you might find for even less like Hogwarts Legacy for only $20.99.

In addition, PS5 controllers and accessories also see discounts, but not by as much. You'll find PS5 controllers $59.99 or $20 off, while other accessories will see a 15% to 25% discount

Moreover, VR equipment for the PS5 is also on sale this year. You can get the PlayStation VR2 for $349.99 or $200 off (-36%) now through Black Friday. For the same price, you can get the Horizon Call of the Mountain Bundle, so basically getting a free $50 game with your VR2.

However, you also have other options. For example, you can choose to buy refurbished. At the moment, Sony has some of the lowest refurbished prices. Another alternative is Back Market. We have verified refurbished PS5 consoles and are global experts in refurbishing, with our prices being lower than those of new ones. Soon, we’re set to have even more competitive pricing on PS5, so it's always worth checking throughout the sales season.

All refurbished PlayStation 5 deals

3.9/5
(100)
Starting at
$430.00
3.9/5
(100)
Starting at
$439.00
4.2/5
(5)
Starting at
$395.00

Is Black Friday the best time to buy a PS5?

You can find great tech deals during Black Friday and it's probably the best time to find low cost PS5 consoles, games and accessories. However, this doesn’t necessarily mean it's the best time to buy one. You should only buy a new one when the device you have no longer works, you’re looking to upgrade, or you want to gift an item. We’re not saying this to be snotty; it's just better for the environment. 

Fortunately, buying refurbished a PS5 will help you do your part to save the planet. Refurbished tech uses far fewer resources than new, and it is usually cheaper, especially when buying from Back Market. By choosing a refurbished PS5, you're not just getting a great deal, but also making a responsible choice for the environment. We often have deals throughout the year, so you do not need to wait for the perfect PS5 Black Friday deals to get a better device.

What's the cheapest price for a PS5?

Big-brand stores have PS5 prices that match PlayStation's offer of $75 off, but deals are limited and may sell out quickly. Luckily, on Back Market, you’ll consistently find certified refurbished PS5 consoles starting at about $419*, providing a lower price year-round without the rush. 

Back Market PS5 Black Friday Price*

PlayStation Direct Price*

Popular Retailer Prices*

$419

$424.99

$424.99

*Prices found during Nov 2024. Subject to change

Plus, every purchase on Back Market includes a one-year warranty, 30-day returns, and thorough quality checks, so you get more value and peace of mind than with typical Black Friday sales. To prove our point, the cheapest PS5 price right now is $419, which is $81 saved at Back Market.

Bottom line: Get PS5 deals on Black Friday OR any time of year

Ultimately, you can find deals on the PS5 during Black Friday and Cyber Monday holiday sales seasons, but you can also always get a deal on Back Market, no matter what season. Retailers aren’t going to lower their prices much, so it might be best to think of alternatives like us. 

We go the extra mile, so you’ll find that we not only give our customers—you—the best deals, but also save the planet one refurbished device at a time. 

So, consider buying refurbished for exciting discounts during Black Friday, or wait until a little later—our prices will be just as good when you’re ready buy. 

Are PS5 Black Friday deals worth it?

Typically, the Black Friday discounts are limited to bundle offerings with games or extra accessories, but this year in 2024 we're seeing some very worthwhile deals for the console itself. If you're able to take advantage of the $75+ off on consoles and console bundles, you're going to come away a happy shopper.

However, as you learned above, you can trust Back Markets' low pricing on refurbished PS5s as well and you don't need to wait for Black Friday. Our prices are the same as, if not lower than, traditional PS5 Black Friday deals, giving you the confidence that you're getting a great deal at a time that best suits you. We back that with free standard shipping, a 1-year warranty, and a 30-day money-back guarantee.

Trade-in graphic with person releasing phone on paper plane

Spend less during Black Friday when you trade in your old tech

If you want to spend less money during Black Friday and the holiday season, consider Back Market for your new PS5. We might not sell new, but we sell verified, refurbished, professionally vetted models. 

If you buy from us, you can save even more through our trade-in service, which gives you cash back that you can put toward a PS5 or keep for something else. This program aims to help keep costs low and encourages shoppers like you to shop refurbished instead of new, thus doing your part for the planet.

This year, Back Market is also offering a rare additional Black Friday promo code. When you open our app and shake your device, we'll tell you how much your phone is worth. If you sell your phone to us, you'll get a $30 promo code!*

*Shake to Trade-in campaign terms and conditions: This offer is only valid in the US You must use the Shake to Trade-in feature on the App, and accept the trade-in value to receive a promo code. The promo code entitles the recipient to an immediate discount of $30 on any order over $300 on the Back Market App. Users can receive maximum one promo code. It can be used once and is non-transferable. Only the first 12,500 people who purchase before 12.31.24 can use this promo code. The promo code cannot be combined with other vouchers, offers, or promotions.

More deals on consoles this Black Friday

Looking for other gaming consoles to save on this Holiday shopping season? Check out more of our guides to help you find the lowest prices.

Miguel G.

Written by Miguel G.Sr. Tech Copywriter (US)

Miguel is always looking for new ways to provide unique perspective on popular tech and has taken his writing to the refurbished industry to promote sustainability. Outside of creating content, you might find him travelling the globe, coaching a fitness class, or cheering on his favorite sports teams (Go Dolphins!)

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