Home / News / Games News / Rumour: PS3 Price Drop " Soon"

Rumour: PS3 Price Drop " Soon"


Rumour: PS3 Price Drop "Soon"

Despite constant pleas by Sony that no price cut is planned for the PS3 and it would like for everyone to stop asking and leave it alone, CVG reports a "major UK high street retailer" as saying a price drop is coming "soon."

The console which currently retails for around $400 in the US and £299 in the UK will apparently see a drop to a $300 (£215) MSRP. In all likelihood that would translate to a reduction to something like £249 at retail over here. Not a huge drop, but certainly one that many would call much needed. A PSP price drop is also mooted, though I doubt that reduction will be met with as much enthusiasm if it occurs.

According to this retailer this price drop has "been on the cards for a while, but manufacturers are not in the habit of giving exact dates so as not to effect sales." The new pricing is predicted to come into force next week.

Fingers crossed would-be cheaper PlayStation 3 buyers.




March 18, 2009, 8:16 pm

About time, but too late for me, my games collection is too big on the 360 to mix and match and the Sony exclusives are not to my taste. Too much water has run under my gaming bridge.


March 18, 2009, 8:17 pm

I would have though &#163230 is more in line. Maybe even less given the fact you can get a PS3 for &#163290.. which is very close to $400. Amazon uk actually sell the PS3 cheaper if you consider you can get 2 new games and a HDMI cable for &#163300. $300 currenly equates to &#163214.

Too little too late though in my opinon. I brought a standalone blu-ray player back in November. I would have gotten a PS3, there were a few games I would have brought. But no price drop showed up in time. They didn't want me to get one I guess... their loss.


March 18, 2009, 8:58 pm

$300 is &#163215 ex VAT - at 15 per cent to that and you get &#163250. Unless you can justify a games console as a business expense, you're not going to get one for much less than &#163250 if you ask me.


March 18, 2009, 9:01 pm

You mean CVG right? MCV aren't in the business of rumour mongering...


March 18, 2009, 9:04 pm

Personally, I think &#163300 is still good value, even when compared to you-know-what. I paid &#163400 for mine shortly after release, and it's some of the best money I've ever spent.

I wish they hadn't watered down the newer versions by getting rid of the backwards compatibility, USB ports and media card readers, though - then it would be even better value.


March 18, 2009, 9:10 pm

I did mean CVG, yes. Ahem...


March 18, 2009, 9:34 pm

@Hugo Yes... But, as I said. The current price isn't the US price + VAT. It's basically the same as the US price. So &#163230 isn't crazy talk.


March 18, 2009, 9:54 pm

Surely it should be so as not to affect sales, rather than effect?


March 18, 2009, 10:24 pm

@jopey Yes, but they haven't increased the UK price in the face of the pound dropping like a stone, so the chances are they will take this opportunity to bring prices back into line in view of the exchange rate. US price + VAT (if not more) is pretty standard, so I agree with Hugo you're probably looking in the &#163250 bracket.


March 18, 2009, 10:40 pm

@acgs1 - indeed it should, but that's the quote ;)


March 18, 2009, 11:53 pm

As a PS3 owner, I believe &#163300 is excellent value. Sony are always saying that you are paying for the complete experience, and they are right. Built in wireless, hard drive, free online play, blu-ray player. &#163300 is a bargain. (Xbox live is &#16340 a year)

Everyone wants to own a PS3 eventually, and Sony knows that.


March 19, 2009, 12:21 am

Well, Argos has 40GB PS3s at &#163219.99 since earlier today...


Matthew Bunton

March 19, 2009, 1:27 am


Xbox live maybe &#16340 a year but it worth it for a far superior and user friendly service.


March 19, 2009, 4:58 am

@ Matthew - Pfft, if I had a penny for every time I've heard that flawed argument...

Average lifespan of a console = 5 years.

Total cost incurred = &#163200.

Number of problems I've had with PSN = 0.

You get the idea...

Matthew Bunton

March 19, 2009, 8:28 am

@ smc8788 - Well I suppose it depends upon your own experience and preferences but for me Live is just less complicated to game with friends.

Each to there own, though if your happy with PSN then fair enough.


March 19, 2009, 12:23 pm

Live can easily be had for around &#16325 in the same way that the PS3 can easily be found for less than &#163299. I defintely think it's worth every penny although obviously free is my favourite price.

With the PS3 you may be paying for the complete experience but I don't think that it's as good as the 360 experience. Live is one factor but also normally getting inferior versions of most multi platform games.

Energizer Bunny

March 19, 2009, 2:58 pm

It needs to be closer to &#163200 to justify it for me. I dont care about it having free wireless or a hard drive. Adding up the individual components and telling me I'm getting a good deal is not going to sell me the machine. Doesn't Sony produce the machines for something close to &#163600? On that basis even at &#163400 it was an utter bargain. What interests me is how much it costs compared to the 360 and how much of a gaming experience it provides me in comparison. Right now, being kind I'd say the PS3 is about on a par with the PS3 as a gaming platform so a price around &#163230 feels about right.


March 19, 2009, 3:34 pm

"being kind I'd say the PS3 is about on a par with the PS3 as a gaming platform"



March 19, 2009, 3:52 pm


Thank god you don't buy my gaming kit. Your reasons to buy a PS3 are exactly the reasons not to own a PS3

Built in wireless - THATS really BAD for laggy games.

HDD - a measly 60gb requires an instant upgrade.

Free Online Play - XBL owns PSN it costs 4p a day tops.

Blu Ray Player - a slow HD drive with no record functionality no thanks.

You forgot

Sloppy 360 game ports

Sloppy HD AA

Sloppy PS2 legacy support (Why REMOVE this feature???)

Sloppy Exclusives

Sloppy Controllers

Sloppy VOIP

I can list another 30+ reasons not to buy but let's stop there LOL

@energizer bunny

"Right now, being kind I'd say the PS3 is about on a par with the PS3 as a gaming platform so a price around &#163230 feels about right."



March 19, 2009, 3:55 pm

The optimum price for a PS3 in my book is &#163180.

prag fest

March 19, 2009, 4:01 pm

Something no one ever points out, when you see both systems up close it's pretty obvious the PS3 costs a lot more to make. PS3 feels like a high end bit of AV kit, while the 360 feels flimsy and cheap, so the cries for price matching do seem a little unfair.

Neil B

March 19, 2009, 8:00 pm

I love my PS3, best bit of home theatre kit I've ever bought. Hardly use it for playing games to be honest. Streaming media from my PC is awesome, browsing the internet and watching things like the BBC iPlayer on my big TV is quality. The Blu-Ray player is excellent for my setup and with blu-rays costing the same to rent as DVDs now I'm never going back.

I paid &#163300 for mine with loads of things bundled, you'd struggle to build a PC for twice that which had the same features and it wouldn't look half as good sat under my TV.

Mark Walton

March 19, 2009, 8:00 pm

Why is there such an issue with the price of the PS3??

I've got an XBOX 360 but it will never match the PS3 in terms of technology/price.

An XBOX with 60GB HD is approx &#163160

+ approx &#16360 for a wireless adaptor (as most people don't have ethernet cables running around their houses)

&#163150 for a decent standalone blu-ray player

So far that is ~&#163370 for 'equivalent' hardware - so in my opinion the PS3 is worth the money, even at around &#163250

There's also the extremely annoying 'Microsoft' only hardware for the XBOX, try adding a generic hard drive or wireless adaptor!, or even try to fix a faulty DVD drive. Not a task for the everyday non-geeky user.

Mark Walton

March 19, 2009, 8:06 pm

Also, Hank

Built in wireless - THATS really BAD for laggy games. NO IT IS NOT

HDD - a measly 60gb requires an instant upgrade. XBOX HAS 60GB TYPICALLY

Free Online Play - XBL owns PSN it costs 4p a day tops. FAIR ENOUGH

Blu Ray Player - a slow HD drive with no record functionality no thanks. XBOX WILL NEVER HAVE BLU-RAY SUPPORT

Pretty poor comments really from someone who is blinkered towards the XBOX


March 19, 2009, 9:33 pm

The price cut has been rumored for so long now that I'm glad I didn't wait - otherwise I would have missed out on the last 4 months of enjoying my PS3. And I don't need to burn PS3 Blu-ray, so it replaces both my DVD player and gives me Blu-Ray, which looks great on my new Panasonic plasma.

comments powered by Disqus