Should You Upgrade to a PS4 This Summer or Wait for the PS5?

The decision to buy a PS4 now or wait for the PS5 is a common dilemma among gamers, especially considering the rapid advancements in gaming technology. Here are some considerations that can help you make an informed decision.

Currently Available Options

PS4 Slim

The PS4 Slim is a popular choice among gamers due to its affordability and performance. With a variety of storage options, you can find a suitable model for your budget. A used PS4 Slim with a 1TB internal HDD can be found for under $250, making it an attractive option for those looking to play a wide range of games.

PS4 Pro

For a more powerful experience, the PS4 Pro is a worthy investment, but it's important not to overspend. A new or used PS4 Pro is generally priced between $300 and $350, depending on the condition. However, it's essential to treat it as a temporary solution and save more for a potential upgrade in the future.

Note: Avoid purchasing the original PS4 (often called the “phat”) as it lacks the newer functionalities and might be less appealing in the long run.

Waiting for PS5

While waiting for the PS5 might seem appealing, there are benefits to purchasing a used PS4 now. By doing so, you can enjoy a significant portion of the existing game library without waiting. Additionally, if you keep the console well-maintained, you can resell it in a year or two to recoup some of the initial cost. This can provide a more flexible gaming experience and give you time to save for the next generation of gaming hardware.

Successfully, about a year ago, I purchased a used PS4 Slim 1TB model for approximately $215. This particular console had a unique Gran Turismo theme that I genuinely liked. The key is to be patient and wait for a good deal on a used PS4 before making a purchase. This approach allows you to continue playing games on your current console while you plan for a future upgrade.

Alternatives to PS4

Another option to consider is purchasing an Xbox One. An Xbox One, whether new or used, offers several advantages. Firstly, the initial investment in Xbox peripherals and games can be reused when you upgrade to a future console. Secondly, with Xbox Game Pass, you can access over 500 games immediately. Microsoft Points can be used to upgrade to Game Pass Ultimate, providing access to cloud gaming on your PC, phone, or console.

Furthermore, there are no hidden costs—Microsoft Points can be earned or purchased, making the subscription a great value. Therefore, if cost is a consideration, an Xbox One can be a sound economic choice.

Personal Preferences and Considerations

Some users prefer one console over the other, depending on their specific needs. For instance, my friend has both a PS4 and a PS5. He primarily uses the PS4 but purchases new drives for the PS5. This demonstrates that personal preferences often play a significant role in decision-making. While there are minor differences between the two consoles, the choice ultimately depends on your gaming habits and preferences.

Conclusion: Whether you decide to purchase a used PS4, wait for the PS5, or go with an Xbox One, the choice is ultimately yours. Consider your budget, gaming habits, and long-term plans before making a decision. The key is to ensure that your current console provides you with a satisfying gaming experience during the transition period.

By carefully evaluating your options, you can make a choice that aligns with your gaming goals and budget. Whether you choose to upgrade now or wait, you’ll still be able to enjoy a wide range of games and continue to enhance your gaming experience.