Sony Wants to Buy Your PS5 Console for $400

Sony is offering $400 to people who are willing to part ways with their PS5 and two controllers.

As spotted by ResetEra user Jay_Horror, PlayStation is sending out notifications to fans who have the PlayStation app on their phones. The notification tells users that they can trade in their console to Sony and have money sent directly to their bank account. This offer is valued up to $400 for anyone who has a standard PS5 and two controllers. Although trade-in programs, particularly around the holiday season, aren't uncommon for retailers like GameStop, it isn't as normal to see platform holders reaching out directly to customers like this.

It may suggest that Sony is preparing for a shortage of hardware or is interested in pre-owned stock that it can sell at a more affordable price than a brand-new unit. PlayStation 5 consoles are currently $600 - $650, depending on whether you get a disc drive. …