Welcome to your trusty Pawnbroker’s buying guide for the Sony PlayStation 4 (PS4), the 8th hottest selling item ranked by Bravo Store Systems. When looking to take in a PS4, here are some of the… Read More

Welcome to your trusty Pawnbroker’s buying guide for the Sony PlayStation 4 (PS4), the 8th hottest selling item ranked by Bravo Store Systems.

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When looking to take in a PS4, here are some of the steps to getting the right system, and selling it for the right price.

Start with the research. Look up the system and compare the numbers. Check out sites like eBay, Buya and large retailers to see what the system is selling for new, used and in between. Depending on the condition of the system and its accessories, it could be the difference of over $100 in or out of your pocket. Get a good idea of what to expect when selling the system, then you can prepare it for its highest price.

If you are utilizing Bravo, the estimator will provide you an estimated Pawn or Buy amount for the item based off of current information provided to the Bravo system – taking a lot of the guesswork out of the process. However, the following are all details to consider, even with Bravo, when taking in and pricing a ps4:

PS4 game consoles

Things to look for: consoles with minimal scratches or dents and clearly visible serial numbers. Systems that are in ‘like new’ condition sell, on average, for $110 more and 10 days faster than ‘as is’ or ‘parts only’ condition. Consoles such as the PS4 Batman edition could mean a higher value for the system.

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DualShock 4 Wireless Controller

Things to look for: clean and working buttons and the right and left motion sticks should be easily movable. A new PS4 has one controller included. Additional controllers can add to system’s value. Systems without an original controller are priced for $40 less than average.

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HDMI, USB, Mono Earphone and Power Cables

Things to look for: a complete set of PS4 cables and earphone are imperative. Missing cables can lower the price of system by $40 and make consoles harder to sell. Cables that are neatly coiled and/or are in the original packaging will also help. You can supplement missing cables by finding replacement cables that you might already sell in-store. Make sure the cables are compatible and be clear that they are replacement cables when sold.

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PS4 Quick Start Guide

Things to look for: pages that are clean and without ripped or folded pages. Including things like The Quick Start Guide can push the status from ‘good’ up to ‘very good’ increasing your price by $10 more.

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PS4 Box

Things to look for: make sure the box is clean and functional. The plastic coverings that come with the box help protect the items from dust and scratches. Ziploc bags can be used in place of missing cable bags. Items that have been Manufacturer’s refurbished do not have to come with the plastic coverings, although they are preferred.

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Console Stand

This item is not included with the system but it is a nice addition to your sale. Take care to mention it when selling your item.

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Steps to Take When Selling

Wipe the data

If the system has been used, take the time to wipe the data from the system’s drive. You can do this by resetting the system to factory default settings. This will reset any changes that have made and will help remove the personal information from the system.

Cleaning

Depending on system’s condition, cleaning is one of the best ways of prepping the system. If the system is new and still in the plastic, you can skip ahead. The console itself should be cleaned with a nonabrasive cloth to remove any dust and dirt. This will give you an idea if the console has any scratches or dents which may affect the price. Controllers should also be cleaned, taking care not scratch the surface. Make sure buttons are cleaned and easily movable. With the power cables and the mono earphone, take a cloth and pinch it around the cable and gently pull the cable through your pinched fingers. This is an easy and fast way to clean cables. Remember not pull too hard as you could damage the cables. And, the PS4 box can be dusted, making sure not to use any wet cloths or sprays.

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Picture time

Whether selling online or in store, take pictures of the system and accessories. Pictures are a good way of keeping track of what dents and scratches the system has and what accessories came with it. Place the items in a well lit area, making sure that there is nothing in the background to distract from the picture. Take multiple pictures of the system at different angles and close-ups of any scratches or dents. Take pictures of each part of the PS4 separately and together as a whole, including the packaging. Include clear pictures of serial numbers and the Quick Start Guide, in which you can easily read the numbers and text.

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Back in the box

The best thing when selling the PS4 is to have the original packaging; this will greatly increase the value. The PS4 box comes with cardboard inserts that protect the system and make it easier to transport. Once you have the system cleaned and dry, place the items back into their plastic coverings if you have them. If not, then place the system back into their appropriate compartments. Take care to neatly coil and secure the cables and mono headphone with a twisty tie or Ziploc bag. Separating the cables will organize them and give a better appearance. The ‘Welcome to the World of PlayStation’ PS4 Quick Start Guide also comes with its own plastic packaging and box compartment.

Sell time

Once you’ve cleaned, prepped and decided on a good price for the system, you’re ready to sell. Make sure to be clear about scratches, dents and missing or replacement controllers or cables. Go in with a clear expectation of your price but have a negotiable range to work with. If you follow these steps, you’ll be on your way to selling faster and more efficiently.

Quick Stats:

-The average price of a PS4 sold in pawn shops is $236.21. Brand new PS4’s are currently retailing for $329.99. Average loan amounts are $156.96.

-Average number of days to sell is 25 days.

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-November to April has the highest turnover rates

-Manufacturer’s refurbished – These are systems that have been professionally restored to working order by a manufacturer or manufacturer-approved vendors. This means the product has been inspected, cleaned, and repaired to meet manufacturer specifications and is in excellent condition. This item may or may not be in original packaging. The manufacturer’s refurbished status can increase the system’s value to ‘like new’.

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Hardware Stats:

Main Processor

Single-chip custom processorCPU: low power x86-64 AMD “Jaguar”, 8 coresGPU: 1.84 TFLOPS, AMD Radeon™ Graphics Core Next engine

Memory

GDDR5 8GB

Hard Disk Drive

Built-in 500GB

Optical Drive (Read only)

BD 6xCAVDVD 8xCAV

Input/Output (I/O)

Super-Speed USB (USB 3.0), AUX

Communication

AV output

HDMIDigital Output (optical)

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