Sony offers US PS5 owners up to $400 for trade-ins

Sony is inviting PlayStation 5 owners in the United States to trade in their consoles for cash through a service run by refurbished-electronics marketplace Back Market. Notifications advertise payments of up to $400, but the amount is conditional and depends on the hardware submitted and its inspection. The $400 reference is for a standard PS5 bundled with at least two controllers and classified in Grade 0 condition. Sony’s notification bases that figure on average trade-in amounts associated with orders created between August 23 and September 22, 2026. It is not a guaranteed payment: the final valuation can vary with the console’s model, storage capacity, physical condition and accessories, and Back Market inspects the hardware before setting an offer. Owners can request an estimate through Back Market. A report on the offer says successful trades are paid in cash directly to the seller’s bank account, rather than as PlayStation Store credit. The notifications direct owners to the service, but the exact payment for any particular console will depend on the assessment and the program’s terms. The promotion has been reported for U.S. users. The reporting describes it as...