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Gamestop.ca

Trade in a select PS4 console towards a PS5 bundle (presell) and become next in line to get your PS5

  • Last Updated:
  • May 6th, 2022 7:12 am
[OP]
Sr. Member
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Jul 21, 2021
666 posts
2714 upvotes

[Gamestop.ca] Trade in a select PS4 console towards a PS5 bundle (presell) and become next in line to get your PS5

Not sure if this is a hot deal, so mods feel free to move this thread.

According to MobileSyrup, GameStop is currently offering a promotion where you can trade in your old PlayStation 4 towards a PlayStation 5 bundle, and get on the waitlist/line to secure it.

GameStop is currently offering $225 for the PlayStation Pro 1TB and $175 for the PlayStation 4 500GB Slim.

(https://mobilesyrup.com/2022/03/25/trad ... -gamestop/)

And from Gamestop's website:

Only the following PS4 models will be accepted.

PS4 SLIM 500GB
PS4 SLIM 1TB
PS4 PRO 1TB

Run Dates: March 28 to April 3

In store only! Excludes PS4 Original 500GB. Limit 1 trade per customer. Trade credit only applies towards PS5 Console bundle. Trade credit is to be put towards a future PS5 Console with no guaranteed date of when stock will be available. Cannot be combined with other Trade offers including EDGE. Trade must be in full working condition. Altered consoles will not be accepted for trade. Hardware must have all necessary components for trade. Subject to manager approval. Offer subject to change at any time. No substitutions will be made. No rainchecks. Not valid on previous trades or purchases.
Last edited by TomRFD on Mar 29th, 2022 2:55 pm, edited 1 time in total.
Reason: updated retailer name
90 replies
Deal Fanatic
Dec 26, 2014
7634 posts
8417 upvotes
Winnipeg, MB
I don't think they're bumping trade values up this time (seemingly at all) so really the only "deal" here is being guaranteed a PS5 in a short period of time.
Jr. Member
Oct 29, 2012
107 posts
91 upvotes
Toronto
I traded my ps4 500gb in the December deal for $300 trade credit so this is cold unless you don’t use your current PlayStation any longer.

Also I’m still waiting on stock of PS5 so have been paying PS plus for months and no console.
Sr. Member
Sep 15, 2019
600 posts
1587 upvotes
orleans
You get the sales tax on the trade in. In Ontario, you would get about $200 for your PS4 slim. This is pretty close to what you might get on Kijiji, and if you still use your PS4 it is a sunk cost because the PS5 is backwards compatible.

The hottest part of the deal is being guaranteed a waitlist spot for a PS5. If you have been unsuccessfully hunting for a PS5, it might be worth it to grab a PS4 slim off of Kijiji or Facebook marketplace, just to get the waitlist spot. With that said, last time around, Gamestop ended the deal early. If you choose to go that route, I'd do the trade in ASAP.

This is way colder than their last version of this deal. Last time around, you received $450+ tax for a Pro, or $330-$350+ tax for a slim. With a sports game, and an extra controller, I received well over $400 off the PS5 bundle. With that said, I would suspect they won't do that deal again since they got so many PS4's that they had to end the deal after a single day.

While this deal sucks in comparison, the only hotter way to get a PS5 would be to sell your PS4 on Kijiji/Facebook marketplace, and then spend countless hours trying to hunt down a PS5 at Shoppers on a 20x the points and/or bonus redemption day. That would be nearly impossible though.
I will tell my grandchildren about the deal I got on an HP Touchpad at the Bank street staples thanks to rfding.
Deal Expert
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Jan 12, 2017
20892 posts
5934 upvotes
Scarberia
so no stores have stock of ps5 still? this is 1.5 years now since..i rmember that first day i tried to get it on Toysrus! that was in 2020 i think lol
*SIG: Ryzen R5 2600 cpu w/ ASrock B450M OCd to [email protected] stock cooler 16gb ram win10 pro w/radeon rx460 rogers Gigabit<< xb1 gamertag: mikka2017 >>
Sr. Member
Sep 15, 2019
600 posts
1587 upvotes
orleans
rules4fools wrote: I traded my ps4 500gb in the December deal for $300 trade credit so this is cold unless you don’t use your current PlayStation any longer.

Also I’m still waiting on stock of PS5 so have been paying PS plus for months and no console.
That is crazy that you are still waiting for stock.

Based on the experience of a lot of people in the thread, a lot of them got their PS5's very quickly. Maybe contact the store you did the trade in at, and see what's up?

Something to consider for anybody who does this trade in, don't do it at the most popular EB Games in your city. As in, for Ottawa, I wouldn't go to one of the locations in a major mall. I'd go somewhere like Merivale, Orleans, etc. Waitlists are apparently store specific, and more people will go to somewhere like Rideau.

EB Games apparently get PS5's weekly, but they don't get very many relative to the demand. Without the waitlist, you basically have to find out when your local store gets the deliveries, and then show up. Depending on how easy going some stores are, they might tell you what time their Purolator truck roughly usually comes.
I will tell my grandchildren about the deal I got on an HP Touchpad at the Bank street staples thanks to rfding.
Member
Aug 1, 2006
386 posts
46 upvotes
rules4fools wrote: I traded my ps4 500gb in the December deal for $300 trade credit so this is cold unless you don’t use your current PlayStation any longer.

Also I’m still waiting on stock of PS5 so have been paying PS plus for months and no console.
Which location is this? Are you sure they haven't somehow forgot about you being on the list? Maybe call to follow up with them.

When I did the trade, I got the PS5 roughly a month after.
Deal Addict
User avatar
Jul 23, 2005
2847 posts
1544 upvotes
Montréal, QC
I am so happy I traded my PS4 back in December, I got 350$ for the 1TB version.
Deal Addict
Mar 15, 2010
1245 posts
1810 upvotes
Toronto
It would only be a solid deal if the stores got in shipments of ps5s and put them aside for this promo specifically. Meaning, if i couod walk in today and trade my ps4 and walk out with a ps5. I am sure this one day could happen maybe 2023 when more consoles are made. But im not going to rid of my console and wait weeks/months
Member
Nov 23, 2017
382 posts
340 upvotes
DealOrNoDeal55 wrote: It would only be a solid deal if the stores got in shipments of ps5s and put them aside for this promo specifically. Meaning, if i couod walk in today and trade my ps4 and walk out with a ps5. I am sure this one day could happen maybe 2023 when more consoles are made. But im not going to rid of my console and wait weeks/months
It took less than a week for me last time they did this.
Deal Guru
Nov 21, 2011
10789 posts
4128 upvotes
DealOrNoDeal55 wrote: It would only be a solid deal if the stores got in shipments of ps5s and put them aside for this promo specifically. Meaning, if i couod walk in today and trade my ps4 and walk out with a ps5. I am sure this one day could happen maybe 2023 when more consoles are made. But im not going to rid of my console and wait weeks/months
But that would make sense. You're talking about a company that has at times forced people into buying a physical game to bundle with their PS5 Digital.
Jr. Member
Apr 24, 2018
124 posts
98 upvotes
rules4fools wrote: I traded my ps4 500gb in the December deal for $300 trade credit so this is cold unless you don’t use your current PlayStation any longer.

Also I’m still waiting on stock of PS5 so have been paying PS plus for months and no console.
whoa..

I too did this deal (got $350 for a 1TB PS4), and had my ps5 in hand 3 days later.
Sr. Member
User avatar
Sep 18, 2017
840 posts
1344 upvotes
Vancouver
Not much of a deal if there's no TIV bump and/or guaranteed pick up
Sr. Member
Sep 15, 2019
600 posts
1587 upvotes
orleans
DealOrNoDeal55 wrote: It would only be a solid deal if the stores got in shipments of ps5s and put them aside for this promo specifically. Meaning, if i couod walk in today and trade my ps4 and walk out with a ps5. I am sure this one day could happen maybe 2023 when more consoles are made. But im not going to rid of my console and wait weeks/months
That is exactly what the promo is supposed to be. The only YMMV is how many people per store are on the wait list. If you read the prior thread, most people got their PS5's relatively quickly. The people who didn't I assume traded in at popular/busy locations that are going to have longer wait lists.
I will tell my grandchildren about the deal I got on an HP Touchpad at the Bank street staples thanks to rfding.
Jr. Member
Nov 17, 2015
132 posts
228 upvotes
man I just want to buy a ps5...
Deal Addict
Dec 26, 2010
1091 posts
778 upvotes
Calgary
traded in my ps4 pro back in december, moving to AB. hopefully there is horizon forbidden west bundle this holiday season (i'm in no rush)
Member
User avatar
Jan 4, 2012
200 posts
337 upvotes
GTA
Is this worth it?
How much does a PS4 Slim 1TB sell nowadays on FB marketplace/kijiji etc.

I got the 1 TB PS4 Slim Spiderman bundle for $260 back in late 2018 and I've only played the Spider-Man game on it so far.
I'm not using it at all but I would definitely love to have the PS5 for the Miles Morales game and new Spider-Man 2 game coming out in the future

Do I go with this trade in value or wah?
Jr. Member
Jun 5, 2019
143 posts
261 upvotes
This would be hot if it was like the previous deal where they bumped up the trade value or if they let you preorder a PS5 by itself.

GPUs are finally becoming available and I've personally seen a Series X on a Walmart shelf last week, so hopefully the day is coming where you'll be able to just go to a store and buy a PS5.
Newbie
Dec 5, 2011
32 posts
142 upvotes
North york
RussellP53756 wrote: whoa..

I too did this deal (got $350 for a 1TB PS4), and had my ps5 in hand 3 days later.
Lucky both of you.. I missed it by 15 minutes Pensive Face

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