· Johnny Pump · Tech  · 4 min read

How to Save Money When Buying a PlayStation 5 in the UK

The PlayStation 5 (PS5) remains one of the most sought-after gaming consoles, but its high price tag and limited availability can make it a costly purchase. However, there are ways to save money when buying a PS5 in the UK. Whether you're looking for a brand-new console or a second-hand deal, this guide will help you get the best value for your money.

The PlayStation 5 (PS5) remains one of the most sought-after gaming consoles, but its high price tag and limited availability can make it a costly purchase. However, there are ways to save money when buying a PS5 in the UK. Whether you're looking for a brand-new console or a second-hand deal, this guide will help you get the best value for your money.

1. Compare Prices Across Different Retailers

The price of a PS5 can vary between retailers, and some may offer bundles or discounts.

Best Places to Buy a PS5 in the UK:

  • Amazon UK – Often restocks the PS5 with bundle offers.
  • Argos – Click-and-collect options may help you secure a console quickly.
  • Currys PC World – Regular promotions and finance options.
  • GAME – Offers trade-in deals and bundles with accessories.
  • Smyths Toys – Frequently updates stock availability.
  • John Lewis & Partners – Provides a longer warranty on purchases.

Tips for Finding the Best Deal:

  • Set price alerts on PriceSpy and HotUKDeals.
  • Follow retailers on social media for restock updates.
  • Sign up for email notifications from gaming retailers.

2. Consider Buying a Second-Hand or Refurbished PS5

Refurbished or second-hand PlayStation 5 consoles can be significantly cheaper than brand-new ones and still work just as well.

Where to Buy Second-Hand or Refurbished PS5s:

  • CeX (WeBuy) – Offers second-hand PS5s with a two-year warranty.
  • eBay – Trusted sellers may offer lower prices, but always check ratings and reviews.
  • MusicMagpie – Sells refurbished electronics with a 12-month warranty.
  • Amazon Renewed – Provides certified refurbished PS5s with guarantees.
  • Facebook Marketplace & Gumtree – Can offer local deals, but be cautious of scams.

Things to Check Before Buying Second-Hand:

  • Ensure the console is fully functional.
  • Check for manufacturer warranty or seller guarantees.
  • Verify the price compared to a new console to see if the savings are worth it.

3. Look for Bundle Deals

Buying a PS5 as part of a bundle can sometimes offer better value than purchasing the console alone.

Best PS5 Bundles to Look Out For:

  • Console + Extra Controller – Ideal if you plan to play with friends.
  • PS5 + Game Bundles – Games like Spider-Man, God of War, or FIFA often come at a discount.
  • PS5 + PS Plus Subscription – Some bundles include PlayStation Plus for online gaming and free monthly games.

Where to Find Bundle Deals:

  • GAME – Regularly sells PS5 bundles.
  • Smyths Toys – Offers special edition bundles.
  • Currys PC World – Occasionally has bundle discounts.

4. Trade-In Your Old Console for a Discount

Many retailers offer trade-in deals where you can swap your old gaming console for a discount on a PS5.

Where to Trade In Your Console:

  • GAME – Offers store credit or cash for old PlayStations and Xbox consoles.
  • CeX – Provides trade-in value that can be used towards a PS5.
  • Amazon Trade-In – Allows you to exchange old consoles for Amazon credit.

How Much Can You Save?

  • Trading in a PS4 Pro can give you up to £150 off a PS5.
  • An Xbox One X might fetch around £100-£130 in trade-in value.

5. Buy During Sales and Special Promotions

PS5 prices don’t drop often, but retailers do run promotions at certain times of the year.

Best Times to Buy a PS5:

  • Black Friday & Cyber Monday (November) – The best time for gaming deals.
  • January Sales – Post-Christmas discounts may be available.
  • Amazon Prime Day (July) – Exclusive discounts for Prime members.

How to Stay Updated on Sales:

  • Follow gaming deal websites like HotUKDeals and MyVoucherCodes.
  • Join PS5 restock Twitter accounts for flash sale notifications.

6. Use Cashback and Voucher Codes

Cashback websites and voucher codes can help you save extra money on a PS5 purchase.

Where to Find Cashback & Discount Codes:

  • TopCashback & Quidco – Get cashback on purchases from major retailers.
  • Honey & Pouch Browser Extensions – Automatically apply the best discount codes at checkout.
  • VoucherCodes.co.uk – Regularly updated promo codes for electronics.

7. Consider Buying on Finance or Interest-Free Credit

If paying for a PS5 upfront isn’t an option, consider spreading the cost with finance deals.

Best Interest-Free Finance Options:

  • PayPal Credit – 0% interest on purchases over £99 for 4 months.
  • Amazon Monthly Payments – Eligible customers can split payments interest-free.
  • Klarna & Clearpay – Some retailers offer these as pay-later options.

8. Choose a Digital Edition PS5 for Extra Savings

The PS5 Digital Edition is cheaper than the standard model but does not include a disc drive.

Pros of the PS5 Digital Edition:

  • Costs £90-£100 less than the disc version.
  • No need to buy physical games – all games are downloaded digitally.
  • Ideal for those who prefer PlayStation Store sales and subscriptions.

Cons:

  • No ability to play physical disc games.
  • May end up costing more if digital game prices are higher than disc versions.

9. Buy a SIM-Only PS5 Contract

Some UK mobile networks offer a PS5 as part of a monthly contract, similar to mobile phone plans.

Best PS5 Contract Deals:

  • EE – Offers PS5 with a small upfront cost and monthly payments.
  • Vodafone & O2 – Occasionally provide PS5 deals with data plans.
  • AO Finance – Spreads the cost over 24-36 months.

Conclusion

Buying a PlayStation 5 in the UK doesn’t have to break the bank. By comparing prices, considering refurbished models, looking for trade-in deals, and buying during sales, you can make significant savings. Whether you choose to buy outright, on finance, or through a bundle deal, these tips will help you get the best value for your money.

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