· 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.
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.