The PlayStation 5 has dropped from $500 to $399 at Best Buy or Amazon, making it one of its cheapest prices, and is a great opportunity for those looking to get into next-gen gaming.

It's been a full year since this version of the PS5 has been priced as low as $399, and it's selling so big it might not make it to Black Friday.

Black Friday is still a week away, but Sony has already slashed the price of three PlayStation 5 models. The PS5 Digital Edition (slim) is down to around $399 ($100 off) — its lowest price of the year — at Amazon, Best Buy, and Walmart. The standard PS5 (slim) is also on sale for around $449 ($100 off) at Amazon, Walmart, and Best Buy.

If you're all about the savings, you could pick up a refurbished console instead. Best Buy has a refurbished Digital Edition (not Slim, mind you) available for $341.99. As long as you don't mind buying the device used, you can save nearly another $60 here.

NBA 2K26 usually sells for $69.99 on its own and you’re also getting a $100 discount on the PS5 console with the free game. Sony rarely discounts its products this much and bundling a current sports title at no extra cost shows that the company wants to sell a lot during Black Friday.

Sony raised the U.S. price of the PlayStation 5 by $50 due to challenging economic conditions. The price increase affects all PS5 models, including the Digital Edition and Pro versions. The price increase does not apply to PlayStation accessories.

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