It’s been about 2 weeks since the PS5 was released and gamers are going crazy about it already. New releases alongside the PS5 like Spider-Man: Miles Morales, and Demon Souls have shown off the new console’s capabilities. However, the console’s hype has also inflated its prices. Scalpers have gotten their hands on several consoles and are selling it in some markets for twice the price.

PS5 at a Glimpse - Should You Buy It or Stick to the PS4? 1

The PS5 has better specs in every department than the PS4. However, that was bound to be since it’s a next generation console. There’s more storage, greater GPU and CPU performance, and faster RAM to play with. However, that alone is perhaps not worth the upgrade. For at least a year, all the games in the PS5 arsenal will be backwards compatible with the PS4. They will also be optimized to run on both consoles since Sony doesn’t want to lose out on its existing users.

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The Price

Here the PS4 wins out by a mile. The PS4 with 1TB of storage is available for $300 and the PS4 Pro is going for $400. In comparison, the PS5 digital version is available for $450, while the normal version is going for $500. However, remember that scalpers are selling them for inflated prices in certain markets. So don’t count on the PS5 prices to remain the same on all e-portals or stores.

The Games

Sony will come out with various PS5 exclusives in the next 4-5 years. All of them will be optimized to run on the PS5. However, less and less of them will be optimized for the PS4. As time goes by, your PS4 will begin to show its age. If you’re a hardcore gamer and want the best performance for competitive tournaments, go for the PS5. If you’re a casual gamer, and won’t mind a few framerate drops here and there, stick with the PS4.

Conclusion

The PS4 and PS5 are both great consoles. If you’re a diehard gamer, you should get the upgrade. However, if you want to save a little money, wait until late next year to upgrade. Your wallet will thank you for it.

In the end, you won’t really notice the difference in performance until the PS5 exclusives begin to come out.