PlayStation 5 Price Hike Imminent? Why You Should Buy Now
Are you planning to buy a PlayStation 5 (PS5) soon? You might want to act fast. Recent market trends and potential tariffs are signaling a possible price increase, making now the ideal time to secure your console. Following Microsoft's recent price hike on Xbox Series S and X consoles, analysts predict that Sony could follow suit, especially in the United States.
Microsoft's Xbox Price Increase: A Warning Sign?
This week saw Microsoft increase the price of new Xbox Series S units to $380 and the Series X to $600, citing “market conditions” influenced by tariffs. As Niko Partner's Analyst Daniel Ahmad predicted, these tariffs will impact all gaming consoles and that Sony will eventually be affected by the same tariffs, having already raised prices elsewhere to offset the impact.
Why the PS5 Could Get More Expensive
Currently, the all-digital PS5 is priced at $450, while the disc drive version costs $500. However, if Sony matches Microsoft’s price increases in the U.S., the cheapest PS5 could jump to $550, and the rumored PS5 Pro could reach as much as $800. Sony may choose to undercut Microsoft, but there's a strong possibility of a price increase soon.
The Astro Bot Bundle Deal: A Steal Right Now
The best deal currently available is the Astro Bot bundle. This bundle includes a disc-less slim model along with the critically acclaimed Astro Bot game for just $400. There's also a $450 version with a disc drive. This is an excellent offer, especially considering the console will support anticipated titles like Grand Theft Auto 6.
Target's Discounted PS5 Slim Disc Edition Astro Bot Bundle
Target is currently offering the PlayStation 5 Slim Disc Edition Astro Bot Bundle at a $100 discount off its typical price. Usually listed at $560, the bundle is now available for $450 at Target. Considering that this bundle includes one of the best PS5 games, Astro Bot, and has been named Game of The Year at The Game Awards.
PS5 Pro: Buy Now or Wait?
Those considering a PS5 Pro might also want to purchase soon. Upcoming releases like Death Stranding 2 and Ghost of Yotei are expected to fully utilize the console's enhanced performance. While the upgrade may not be worth it for everyone, the potential price increase makes an early purchase more attractive.
Don't Wait Too Long
If you plan to buy a new PS5 in the coming year, don’t delay. Upgrade from a PS4 now before the deals disappear. Analysts predict that if you wait much longer on the PS5, you’re not going to get a cheaper console!
The Bottom Line
With potential price hikes on the horizon, now is the time to buy a PlayStation 5. Whether you're upgrading from a PS4 or joining the PlayStation ecosystem for the first time, avoid future price increases.
What are your thoughts on the potential price increase? Will you buy a PS5 now? Share your opinions in the comments below!
