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What's The Best Place To Sell Your PS4 And PS5 For Cash?

Last modified: Jun 23, 2023

Want to level up your funds? Selling your old consoles is a great way to turn your gaming triumphs into hard, cold cash. Whether you're looking to make some extra funds or just want to clear some space in your entertainment center, we’ve got you covered! 

From the best places to sell your old PS4 and PS5 both online and offline to the value-adding practices you can employ to get top dollar, we’ll cover it all.

Sounds like something you’d be interested in? Let’s jump right in.

Best Places to Sell Old PS4 and PS5 Consoles Online

Explore the top online marketplaces for selling used PS4 and PS5 consoles, ranked in terms of the site's popularity, types of consoles accepted, and overall selling process.

1. Decluttr

Decluttr is a popular website for buying and selling used electronics and video games. As evidenced by its large customer base and a slew of positive reviews, Decluttr has developed a reputation for providing a convenient, easy-to-use platform for trading in your used devices. If you want to upgrade, you can also immediately put your money to work and get a refurbished device. The sales process has a few steps:

  • Visit the site and select the device you want to sell;
  • Answer a few questions about the device's overall condition;
  • Accept the quote to receive a prepaid shipping label to attach to the box;
  • Ship your PS4 or PS5 for free and get your money a few days later.

2. GadgetGone

Like Decluttr, GadgetGone helps you sell your devices easily, and its high rating and regular traffic speak to its popularity. The sales process is rather quick too, and you’ll get a fast quote within seconds. Best of all, it accepts all types of PS4 and PS5 models in a range of conditions, from fair to brand new. Here’s the step-by-step process:

  • Visit the site and select the device type you want to sell;
  • Choose your brand and exact model in the following step;
  • Fill out the connectivity, storage, and condition details;
  • Consider the quote you get and click on ‘Add to Cart’;
  • Click on ‘Checkout’ if you’re satisfied with the quote;
  • Fill out your contact info and submit your offer;
  • You'll receive a prepaid shipping label to ship your device;
  • Once your device is received and inspected, you’ll get paid.

3. Swappa

This safe and welcoming online marketplace allows its users to trade all kinds of newish tech, from phones and watches to cameras, computers, consoles, and drones. Unlike the previous two options, Swappa hides opportunities to make more money than the other two platforms since you sell directly to interested buyers. To sell there, you need to:

  • Create an account and start a listing for your device;
  • Provide the relevant details, upload some pics, and choose a price;
  • Once the listing is live, buyers can make offers on your listed device;
  • Accept an offer you like and ship the device to the buyer’s address;
  • When the buyer receives the device, you'll receive a PayPal payment.

4. Back Market

Back Market is a well-known platform for buying and selling refurbished devices that were checked and restored by experts. Back Market boasts a thriving community of buyers and sellers for a reason: they implement a rigorous screening process for every trader that wants to join this platform. After all, they must implement the right quality procedures to guarantee optimal quality, regardless of the item’s condition. If you want to become one of three sellers that get chosen to apply here, follow a few steps:

  • Request a seller’s account and complete a rigorous questionnaire;
  • Answer questions regarding your refurbishing and selling operation;
  • Set up your company store if approved and your preferred payment;
  • Start listing your items and provide the necessary descriptions.

Note: If you want to sell a one-off item and are not looking to grow a reselling business, you can use Back Market’s trade-in feature and sell your item to the platform’s sellers.

5. Reddit's r/GameSale

The world’s largest discussion website also hides many communities where sellers can find buyers for their secondhand equipment, including game consoles and titles. One such destination is r/GameSale, which servers as a user-moderated marketplace for buying and selling gaming equipment. To get started, follow these simple steps:

  • Create a Reddit account if you don't have one already;
  • Navigate to the subreddit and click on ‘Join’;
  • Read the full rules for creating a successful listing;
  • Click on ‘Create Post’ and fill out the required details;
  • Provide plenty of images showing the item’s condition;
  • Hold public negotiations with interested buyers;
  • Start chatting privately after agreeing on a price;
  • Finalize the sale and arrange shipping or a local pickup.

6. Amazon Trade-In

Did you know that Amazon manages a trade-in platform that helps its customers recycle their devices by selling them directly to Amazon? However, users get an Amazon Gift Card instead of money if their item qualifies for the trade-in program. Thankfully, the PlayStation 4 is eligible for the program, and they are accepted in a wide range of conditions. To start the procedure, you only need to do the following:

  • Navigate to the Amazon Trade-In page and click on ‘Gaming’;
  • Provide the required details by following the on-screen prompts;
  • Choose what happens once your item is reviewed;
    • If the item does not match your answers, it can be sold at a lower value or returned to you.
  • Review the trade-in value you are offered and select your email and return address;
  • Click on ‘Submit my Trade-In’ to finalize the process;
  • Print the label, box the item, and send it to Amazon;
  • Wait for the gift card to arrive and use it for anything on Amazon.

7. Additional Resources

But that’s not all! There are plenty of other sites where you can sell your PlayStation consoles, from BuyBackWorld and Gizmogo’s low-fee services to ItsWorthMore and GadgetPickup’s similar offers and fast cash payouts.

Policy Advice is a website devoted to helping everyday people make, save, and grow money. While our team is comprised of personal finance pros with various areas of expertise, nothing can replace professional financial, tax, or legal advice.

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