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

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. 

Unfortunately, what we discovered might not be what you want to hear. Based on historical price analysis, PS5 consoles, controllers, and accessories only see modest discounts during this shopping season, even during the holidays. 

If we compare what to expect this year to last, you shouldn’t expect a considerable discount on a PS5 console at major retailers like Best Buy, Amazon, Walmart, Target, and specific game stores. These stores very seldom offer large deals on PS5 consoles themselves.  However, you can expect bundle deals. Bundle deals range between $499 and $599 and will likely be the same this year, depending on the game(s) or accessory included. 

However, it’s not all bad. There will be significant discounts on PS5 games. According to last year's statistics, major titles should see 30% and 50% discounts on Black Friday. In addition, PS5 controllers and accessories also see discounts, but not by much. PS5 controllers will likely be between $10 and $20 cheaper, while other accessories will see a 15% to 25% discount. 

Moreover, VR equipment for the PS5 will likely also be on sale this year. Sony VR headsets don’t see enormous discounts, but third-party headsets see as much as 40% slashed off the original pricing. All of this is to say if you’re planning on buying a new console this Black Friday, you’re not going to get as good a deal as you might be expecting on a PS5. 

However, you 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.

Is Black Friday the best time to buy a PS5?

You can find great tech deals during Black Friday, including ones on the PS5. 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?

On Black Friday, big-brand stores are expected to drop PS5 prices to around $400 to $450, but deals are limited and can sell out quickly. Luckily, on Back Market, you’ll consistently find certified refurbished PS5 consoles starting at about $430*, providing a lower price year-round without the rush. 

*Estimated price range 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 $430, which is $70 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?

Unfortunately, many retailers are known to increase their prices ahead of November, which could make you think their PS5 Black Friday deals are better than they really are. 

Although PS5 pricing for consoles remains steady with limited discounts and mainly bundle deals offered because some gaming retailers don't like to allow deals below retail prices, it's still important to be cautious. You’ll want to keep an eye out because not all deals are as good as they seem. It's best to trust the adage, “if it looks too good to be true, it likely is.”

However, as you learned above, you can trust Back Markets' low pricing on refurbished PS5s all year round. We offer a one-year warranty and a 30-day money-back guarantee to prove you can trust us. 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.

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.

• Xbox Series X Black Friday deals

• PS4 Black Friday deals

• All Xbox Black Friday deals

• Nintendo Switch Black Friday deals