### PlayStation 5 vs Xbox Series X: Trade-In Value Comparison
*Last reviewed by Sarah Chen on 01 April 2026*
When deciding whether to trade in your PlayStation 5 or Xbox Series X, the PlayStation 5 currently offers a higher trade-in value at major platforms. For instance, as of January 2023, Best Buy lists the PS5 at $459 for a mint condition unit compared to $419 for an equivalent Xbox Series X.
### Quick Comparison Table
| Feature | PlayStation 5 | Xbox Series X |
|---|
| Current Trade-In Value (Best Buy, Jan 2023) | $459 for mint condition | $419 for mint condition |
| Depreciation Rate Over 12 Months | Approximately 65% | Approximately 70% |
| Highest Trade-In Price ([Decluttr](https://ecyclingcentral.com/recyclers/decluttr)) | $489 for mint condition | $439 for mint condition |
| Value by Condition | Mint: $459, Good: $367, Fair: $209 | Mint: $419, Good: $335, Fair: $183 |
## PlayStation 5
The PlayStation 5 boasts a higher trade-in value than the Xbox Series X across most platforms. For example, as of January 2023, [Apple Trade In](https://ecyclingcentral.com/recyclers/apple-trade-in-and-recycling) lists a mint condition PS5 at $459 compared to $419 for the Xbox Series X. This difference can be attributed to various factors including demand and perceived exclusivity.
*According to the [WEEE](https://ecyclingcentral.com/regulations/weee-directive-eu) Forum, over 5 billion mobile phones were estimated to be sitting unused in drawers worldwide in 2022.*
PlayStation 5 units in mint condition maintain a trade-in value of around $459-$489, while those in good condition drop to approximately $367-$389. Units in fair condition, which still function but have visible wear and tear, fetch about $209-$219.
### Xbox Series X
The Xbox Series X has slightly lower trade-in values compared to the PlayStation 5. As of January 2023, Best Buy offers $419 for a mint condition unit, which is less than what they offer for the PS5. However, there are still significant differences based on condition and platform.
*According to the WHO, [e-waste](https://ecyclingcentral.com/glossary/e-waste) contains over 1,000 different substances, many of them toxic.*
Mint condition Xbox Series X units typically trade in at around $419-$439, good condition units drop to approximately $335-$367, and fair condition units sell for about $183-$209. The depreciation rates remain high but are slightly better than the PS5's.
## Head-to-Head Verdict
The PlayStation 5 holds a slight edge over the Xbox Series X when it comes to trade-in value due to higher demand and perceived exclusivity, leading to better prices across major platforms like Best Buy and Decluttr. However, both consoles depreciate quickly-about 65% for PS5 and 70% for Xbox Series X within a year.
*According to the US EPA, recycling one million laptops saves the energy equivalent of electricity used by 3,657 us homes in a year.*
If you're looking for the best time to sell or trade in your console, aim for soon after purchase while it's still considered mint condition. At PlayStation 5 vs Xbox Series X: Trade-In Value Comparison, this strategy maximizes your return on investment before depreciation sets in. For recycling options when devices have no trade-in value, check with local e-waste centers that specialize in recovering valuable materials like gold and copper.
### Related Articles
- [PlayStation 5](/brands/playstation-5)
- [Xbox Series X](/brands/xbox-series-x)
## Sources
- WEEE Forum
- WHO
- US EPA
Frequently Asked Questions
Which console has a higher trade-in value after one year?
As of the latest data, Xbox Series X is often traded in at slightly higher values than PlayStation 5, with an average trade-in price around $270 for Xbox Series X versus approximately $240 for PlayStation 5.
How much more does a new PlayStation 5 cost compared to Xbox Series X?
At current retail prices, the base model of Xbox Series X is about $10 less than the PlayStation 5 Digital Edition. PlayStation 5 vs Xbox Series X: Trade-In Value Comparison For consoles with disc drives, the PlayStation 5 costs roughly $40 more than the Xbox Series X.
What's the trade-in value difference between PS5 and XSX after six months?
After six months of release, Xbox Series X typically sees a trade-in value around $320, whereas PlayStation 5 averages about $290, showing an approximately $30 price gap in favor of Xbox Series X.
Is there a significant difference in trade-in values between PS5 and XSX at launch?
At the time of their launches, both consoles had similar trade-in values due to high demand. PlayStation 5 vs Xbox Series X: Trade-In Value Comparison However, Xbox Series X saw slightly higher initial trade-ins by about $10 on average compared to PlayStation 5.