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Home » Sony Is Offering PS5 Owners $400 for Their Consoles
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Sony Is Offering PS5 Owners $400 for Their Consoles

News RoomBy News Room3 November 20262 Mins Read
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Sony Is Offering PS5 Owners 0 for Their Consoles
Image by Nikol Nikolova, Source: Sony

4

Published Nov 3, 2026, 9:07 AM EST

Nikol Nikolova is a writer at GameRant. She graduated from the American University in Bulgaria with a double B.A. in Journalism & Mass Communication & Modern Languages and Cultures in 2024. She began her career as a writer at GameLeap and has since built extensive experience in gaming journalism, covering everything from gacha games and RPGs to tactical FPS, survival games, champion collectors, and mobile titles.

Sony is offering PlayStation 5 owners up to $400 in exchange for their consoles and two controllers. The deal is part of a trade-in promotion, and it is being advertised directly to users through the PlayStation mobile app.

PlayStation Owners Can Earn $400 From Sony

According to IGN, the promotion was first spotted by ResetEra user Jay_Horror, who reported that Sony was sending notifications, offering players up to $400 for their standard PS5 consoles and two controllers only, despite the wide variety of PS5 console and controller colors available. Moreover, the company allows players to choose to receive the money directly into their personal bank accounts instead of getting store credit. Although the full details about who exactly is eligible remain to be confirmed, it seems like existing PlayStation owners can now make some extra cash if they ever decide to return their consoles to Sony.

Sony

Date Founded

May 7, 1946

Headquarters

Minato City, Tokyo, Japan


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