Someone bought a PS5 in the UK on eBay for more than £7,000

Launching a next-generation console in the middle of a global pandemic is an impressive feat, but it’s also made trying to pick up a console on launch day ten times harder. Thousands of people in Europe missed out on the chance to pick up a PlayStation 5 yesterday, and now it seems some are prepared to pay over the odds for one on Ebay.

The auction site is full of boxed PS5 consoles at the moment and it seems like the limited supply has contributed to a flurry of sales. In the last 24 hours in the United Kingdom, hundreds of consoles have been sold around the region of £600-900 ($700-$1,100). However, there are some exceptions, with one standard edition PS5 selling for £7,910 ($10,499) – that’s 1,485% more than the RRP.

Of course, there’s always the likelihood that some of the buyers don’t actually pay out, but given the amount of consoles ending up on the site, it’s clear that people are prepared to pay more to land a PS5 this side of Christmas.

Since preorders opened, competition for console’s has been tough. Yesterday’s launch was fraught with difficulties in the UK, with sites like Tesco, GAME, and John Lewis crashing when stock was made available.

But if you’re still without a console, don’t worry: Jim Ryan says Sony is “working as hard as we ever can” to get more PS5’s out into the wild as soon as possible.

Waiting might seem tough, but it’s better than spending more and giving into the scalpers.