If you want to pawn your PS4, the good news is that many pawn shops have that option. On average, the pawn shop will offer you between 30% and 40% of the products used residual value.
Of course, some pawn shops may pay you even more, depending on the condition. So, if you want to pawn your PS4, you are in the right place.
Here is your complete guide.
How Much Do Pawn Shops Pay For PS4?
On average, pawn shops will pay between 30% to 40% of the value of your PS4. If your PS4 is in good condition, you can expect around $150 to $200 for it. If the console is in poor condition, you will most likely get around $100 to $125.
You should note this is mainly the selling value of the game. If you pawn your PS4 for a loan, you will only get $75 to $100. The model also affects the price.
|Device||Minimum Price||Maximum Price|
You can also increase the price by adding accessories. A pawn shop offers about $300 for a PS4 in good condition with one controller and a 500 GB drive.
PS4 controllers are typically worth about $30 you sell with the console. PS4 games are worth around $6 and up.
Premium game editions are worth more and will help you make the most money.
What PS4 Get The Most Money At Pawn Shops?
A brand new PS4 with all the accessories will get the most money. You might even get more than $230 if your PS4 is in such great condition with all its pieces intact.
The model and storage capacity of your PS4 also matter. The better the model and the higher the storage capacity, the more money you will get.
We recommend that you don’t sell your PS4 short. If it is new, has all accessories, and is a new model, then you must be confident in setting a price with the pawn shop.
Once you do this, your PS4 will be in a much better position to get the most money from a pawn shop.
How Do Pawn Shops Determine Prices On PS4?
There are a few factors that pawn shops take into account when determining the price of your PS4. These include:
The condition of the PS4 is the most important factor. The internal and external conditions matter in this regard.
For example, if your PS4 looks great from the outside but there are some internal memory or hard drive issues, then you won’t get much for it. The same is true and vice versa.
Your PS4 needs to look good and work well for you to get the highest price. So, you must take care of your PS4 if you plan on selling or pawning it later.
When you purchase the PS4, you will receive an HDMI cord, power cord, micro-USB cable, manual and warranty, one Dualshock 4 controller, and a mono chat headset.
All of these accessories make the experience of playing on a PS4 even better. If you have all these accessories in good condition, the pawn shop will offer you more money.
That is because a PS4 without any accessory is not of much use to them. So, be sure you collect all the accessories before you go to the pawn shop.
There are three main models of the PS4. Each model has a different price and offers something unique.
The PS4 slim is a powerful design that is much more efficient than the PS4. That is why you will get more money when you pawn the PS4 slim than the original PS4.
So, you must check the model you have and the condition. If you want to pawn your PS4 for a higher price, here are some tips you can implement:
- Always be ready to negotiate and walk away
- Make sure your item is in great condition before you visit the pawnshop
- Know what other pawn shops are willing to give and then negotiate accordingly
- Start with a higher price
All of these tips will help you negotiate well and get a high price for your PS4 in no time.
Difference Between Pawning And Selling PS4 To A Pawn Shop?
You might be wondering whether you will get much more if you pawn or sell your PS4. As a general rule of thumb, you always get more money when you sell something rather than when you pawn it.
For example, the pawn shop might give you between $100 and $200 if you pawn the PS4. On the other hand, if you decide to sell it, you can get more than $200 for the PS4.
A PS4 Pro of 1TB can sell for more than $250. Besides that, when you sell, you don’t have to worry about paying the loan back.
So, if your PS4 is not of much use to you anymore, it is always better to sell. You will get a higher value for it.
Pawn Shop Vs. eBay: What Will You Get?
|Original PS4 of 500GB||$100||$180|
|Original PS4 of 1TB||A little over $100||$200|
|PS4 Slim 500 GB||$100 to $120||$170|
|PS4 Slim 1TB||$100 to $160||$230|
|PS4 Pro 1TB||$100 to $185||$260|
|PS4 Pro 2TB||$100 to $230||$400|
Remember that the pawn shop prices depend on the condition and other factors of the PS4. However, these are average prices that you can expect to get from a pawn shop.
You will always get more money if you sell on online marketplaces, such as eBay. That is because there are many buyers trying to get their hands on an affordable PS4.
Because of this, you can easily target the market and sell your PS4 for a higher price. The latest model and the highest storage capacity will ensure you get the most money out of your PS4.
That is why be sure to decide whether you want to use a pawn shop or sell it on eBay. Of course, if you want easy and fast cash, then pawning or selling it to a pawn shop will be the best option for you.
Thomas Boseman is the author of Pawnbroking.com. A pawn shop owner by day, blog writer by night. When not writing, he enjoys exploring the outdoors with his dog, Roman. Thomas received his bachelor of arts in film from the University of Arizona. A Brooklyn native, Thomas is a lover of filmmaking, motorcycle, and coffee.