PS5 Are Now Turning Up In Auction Houses As Demand Surges

PS5 stock is few and far between - but demand shows no signs of slowing up.

Now, in the latest twist, PS5 consoles have turned up in tech auctions - already being eyed-up by keen prospective buyers.

Sony's next-gen console is now up for grabs through John Pye’s warrantied tech auctions - and, according to the Nottingham Post, already has a load of people interested in it.

The good news is that John Pye has eight of them - and the auction ends on Wednesday, March 17, at 12noon. All consoles come with a warranty.

Business development director at John Pye, Sheldon Miller, said: “We have seen a huge demand for PS5s during the third UK lockdown, with people looking to bag the “must-have” console to cure lockdown fatigue – making up to £150 over the recommended retail price of £449.

“The popularity of the new model has created an inflation within the market and its availability has become increasingly limited as children, teenagers, parents, and ‘big kid’ adults scour the market for any available units.

"Some major retailers have even started allowing customers to register for “priority passes”, entering them into a raffle and in with a chance of purchasing a PS5.”

It comes as a 'massive' PS5 stock update could be on the cards this week.

John Lewis, Smyths and GAME are amongst a handful of the retailers who have received stock this month – but according to stock watchers, more are planned.

@PS5StockAlertUK said: "Amazon UK will be dropping beginning of next week (15th-17th) & Smyths Toys to drop end of next week (18th-20th)."

Remember, you can keep an eye on the latest news about PS5 stock by following Gfinity Deals.

Our very own Ramzi Musa, who runs the Gfinity Deals Twitter handle, has helped a ton of people get their hands on a PS5. Here are his best tips to give you the edge if and when a stock drop lands.

“Make sure to set up alerts on Twitter. You may get bombarded, but it's worth it to make sure you don't miss anything,” he said.

“Try adding the PS5 to your wishlist ahead of time. Some people have had some luck with this technique, so always worth giving a shot!"