Best Times to Purchase a PlayStation 5 Annually

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The PlayStation 5 is a popular gaming system in 2024, but it’s not cheap, starting at $399. If you’re eyeing games like Final Fantasy VII Rebirth or Stellar Blade, or want to stream 4K content, owning a PS5 is a must. Luckily, you can find discounts or bundles on PS5 consoles throughout the year if you know when to look.

Here’s a guide to the best times to buy a PlayStation 5 in 2024 and beyond. Whether it’s holidays or sales events, there are plenty of chances to snag the console. Different retailers offer various deals, but we’ve listed the key dates to keep in mind. Look out for discounts or free game bundles to get the best deal possible.

Perfect Time to Buy a PlayStation 5

Here are the best times for all of you to buy a PS5.

1. Black Friday and Cyber Monday

The ultimate opportunity to snag a discounted PlayStation 5 is during Black Friday and Cyber Monday. These yearly events roll around just after Thanksgiving in November, with Black Friday 2024 landing on November 29. Big retailers like Walmart, Best Buy, and Target usually roll out impressive in-store deals, with some of the juiciest PS5 offers exclusively available in physical stores on Black Friday.

Another golden opportunity arrives with Cyber Monday, taking place on December 2 this year, right after Black Friday. Cyber Monday zeroes in on online deals, particularly in electronics. Based on previous years, we anticipate significant PS5 discounts during this online extravaganza.

These days, the sales extravaganza stretches from a few weeks before Black Friday to a few weeks after, essentially covering the entire holiday season. You can expect to find major PS5 bundles and a slew of discounted games during this time. If you’re aiming to snag a PS5 and games while keeping within a budget, Black Friday stands out as the prime time of year to make your move.

2. Amazon Prime Day

Prime Day is a fantastic opportunity to snag a PlayStation 5 at a discount. Happening in the second week of July, Prime Day often extends the discounts from Independence Day sales, making it an ideal time to score a deal on a PS5. Plus, you’ll likely find many PS5 games at discounted prices as part of the sale, allowing you to expand your gaming library without breaking the bank.

But it’s not just Amazon getting in on the action. Other retailers join the party, offering their own sales around Prime Day. This could mean extended 4th of July deals or surprise weekend sales, increasing your chances of finding a PS5 deal. If you’re not in a hurry to buy a PS5, Prime Day 2024 is definitely worth considering.

Don’t forget about Prime Day 2 in October! This event has become a launchpad for Black Friday deals in recent years, so you can expect to find some great discounts on PlayStation 5 consoles here too.

3. During Major Releases

Sony often creates bundles for its major game releases. This includes third party exclusives like Final Fantasy XVI. These PlayStation 5 bundles are usually discounted around the time of these big game launches.

It’s a strategy to encourage customers to buy the system and try out the new game. Plus, you might find these PS5 bundles on sale a few months after the game’s release as Sony tries to sell off the remaining inventory. For example, last year, the most notable bundle featured a copy of Spider-Man 2.

4. During the Summer

Summer is an awesome time to grab a PlayStation 5. After big gaming events like Summer Game Fest, Sony, and other companies often throw sales parties to celebrate the sunny season. This means discounts on games, accessories, controllers, and yes, even PlayStation 5 consoles. The PlayStation Summer Sale typically kicks off around July and keeps rolling through August, giving you ample time to snag some sweet gaming deals.

Late summer is also prime time because retailers start gearing up for fall. They clear out older console models to make space for new bundles. So, you can expect to find discounted PlayStation 5 consoles and other goodies during this time too.

PlayStation 5 Pro Coming Soon!

If you’re eyeing a PlayStation 5, keep in mind that we’re already halfway through its life cycle. Typically, consoles stick around for six to eight years. The PS5 hit shelves in November 2020, so we’re already past the three-year mark for this generation.

What’s more, there’s chatter about a new console on the horizon: the PlayStation 5 Pro. This upgraded version is rumored to hit stores around the holiday season of 2024, boasting better hardware capabilities. If you’re intrigued by the idea of a beefed-up console, it might be wise to hold off for the PS5 Pro’s release.

And here’s the kicker: waiting for the PS5 Pro could mean even bigger discounts on the standard PS5. Sony might slash prices to make room for the new model. So, while Black Friday remains a stellar time to snag a PS5, keep in mind that the PS5 Pro will be on the scene too.

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