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​People Are Selling PlayStation 5s For As Much As £1,500 Online

​People Are Selling PlayStation 5s For As Much As £1,500 Online

The long-awaited PlayStation 5 is finally out, but getting your mitts on one probably isn't as straightforward as you'd like as they're sold out pretty much EVERYWHERE - unless, of course, you're willing to splash out as much as $1,999 (£1,515) for one.

Sony released the new console in the United States earlier this week, having managed to create so much buzz they sold out the night pre-orders went live.

This means many people have been turning desperately to the world of online auctions - where, unfortunately, they won't be bagging themselves a bargain.

The standard RRP for the new console is $499, but it seems demand is so high that some people are selling them for two or three times the price.

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Credit: eBay
Credit: eBay

In fact, a quick browse on eBay shows there's even one listed for an eye-watering $1,999.99 (£1,515.72). With an extra $69.96 (£53) for shipping, too, which seems like a particularly harsh add-on.

While some others are slightly cheaper, they're still significantly more expensive than the standard retail price.

When the console is released in the UK on 19 November, it'll cost around £450, according to the BBC.

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Speaking to Radio 1 Newsbeat about launching the PS5 during a pandemic, PlayStation boss Jim Ryan said the console's release has been 'a rollercoaster'.

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He said: "The most extraordinary thing is all of this has taken place in 2020. The one thing I've learned is I'll never do this again in a pandemic."

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Ryan added that the company has been 'astonished' by the level of pre-orders, continuing: "We're making more PS5's in this difficult environment then we made PS4s in that launch. If people are unable to find one at launch, we're very sorry and apologetic about that.

"They can rest assured we're working really hard to get significant supplies into the market before and after Christmas."

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Credit: Sony PlayStation
Credit: Sony PlayStation

"This is going to be a bigger launch [than the PS4]. And I think given the circumstances we're in, that's something that we can be quietly proud of."

There are two versions of the new console, with a cheaper, digital edition also on sale.

According to PushSquare, the two major differences between the two are the price and the 4K UHD Blu-ray disc drive.

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"The PS5 Digital Edition does not include a disc drive and costs £359.99/$399.99/€399.99, while the PS5 does and costs £449.99/$499.99/€499.99," the outlet says.

"It's worth pointing out that there are no differences in performance or power between the PS5 and PS5 Digital Edition."

Featured Image Credit: PA

Topics: News, Technology

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Jess Hardiman

Jess is a journalist at LADbible who graduated from Manchester University with a degree in Film Studies, English Language and Linguistics - indecisiveness at its finest, right there. She also works for FOODbible and its sister page Seitanists, which are both a safe haven for her to channel a love for homemade pasta, fennel and everything else in between. You can contact Jess at editorial@ladbible.com.