That's definitely true, it's like if Best Buy would be selling the PS5 at the same price as eBay scalpers. Pretty crazy.nosense wrotethat is correct, but if you're an official reseller and see that there's a black market going around, you don't become a black market yourself, unless you're in lebanon and don't care about any lawsramy58 wroteI've been told by a store that prices are super high right now because there is very limited stock everywhere, and some people are ready to pay anything. Two weeks from now, prices should go back to around $700.nosense wroteabed tahan (official sony reseller) is selling the ps5 for $1250
what a fucked up country we live in
PlayStation 5 Officially Announced
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ramy58 wroteI've been told by a store that prices are super high right now because there is very limited stock everywhere, and some people are ready to pay anything. Two weeks from now, prices should go back to around $700.nosense wroteabed tahan (official sony reseller) is selling the ps5 for $1250
what a fucked up country we live in
The root of the problem is Sony. They limited the supply worldwide. Scaplers are every way. In UAE currently there is no stock at all. The demand is very high and supply is low making the prices to skyrocket. Here in Lebanon, on thursday, the a lot of units had been sold at 1500USD ttc. Rich kids don't care.
Many big resellers have been pulling in a lof of units at Fattal price ( 720 ttc usd for the disc version ) , with limited supply , they have been drying uo the market and creating a monopolistic approach in setting prices.
Nevertheless , from a technical prespective , a find the machine impressive. From lunch titles and back compatible titles , it's showing a good potential.
Second batch will arrive have at ETA between 30th of November and 10th of December. The price will be lower here this time , approximately 695 usd ttc for the disc version.
do you know where can I reserve from the second batch?Tech Guru wroteramy58 wroteI've been told by a store that prices are super high right now because there is very limited stock everywhere, and some people are ready to pay anything. Two weeks from now, prices should go back to around $700.nosense wroteabed tahan (official sony reseller) is selling the ps5 for $1250
what a fucked up country we live in
The root of the problem is Sony. They limited the supply worldwide. Scaplers are every way. In UAE currently there is no stock at all. The demand is very high and supply is low making the prices to skyrocket. Here in Lebanon, on thursday, the a lot of units had been sold at 1500USD ttc. Rich kids don't care.
Many big resellers have been pulling in a lof of units at Fattal price ( 720 ttc usd for the disc version ) , with limited supply , they have been drying uo the market and creating a monopolistic approach in setting prices.
Nevertheless , from a technical prespective , a find the machine impressive. From lunch titles and back compatible titles , it's showing a good potential.
Second batch will arrive have at ETA between 30th of November and 10th of December. The price will be lower here this time , approximately 695 usd ttc for the disc version.
You can pre order at phonefinity and gadgitech for second batch
I didn't read the entire thread but I can pretty much guess how it's going. PATIENCE. We're not (at least I think most of us?) 15 year old teenagers. Wait until January and get it for the normal price. That's what I decided to do after weeks of suffering.
I'm 21, but I have the patience of a 12 year old.Salloum wroteI didn't read the entire thread but I can pretty much guess how it's going. PATIENCE. We're not (at least I think most of us?) 15 year old teenagers. Wait until January and get it for the normal price. That's what I decided to do after weeks of suffering.
Besides I highly doubt it'll come down to "normal" prices even in 2021 altogether unless "normal" for you is like 700$+.ramy58 wroteI'm 21, but I have the patience of a 12 year old.Salloum wroteI didn't read the entire thread but I can pretty much guess how it's going. PATIENCE. We're not (at least I think most of us?) 15 year old teenagers. Wait until January and get it for the normal price. That's what I decided to do after weeks of suffering.
For me the regular needs to be <600$ and the digital <500$ to start consider these prices as normal!
the thing is, the ps4 was still being sold until the last day for 450$. I doubt the ps5 will be cheaper than 650$ in 2021
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LifeEngineer wroteBesides I highly doubt it'll come down to "normal" prices even in 2021 altogether unless "normal" for you is like 700$+.ramy58 wroteI'm 21, but I have the patience of a 12 year old.Salloum wroteI didn't read the entire thread but I can pretty much guess how it's going. PATIENCE. We're not (at least I think most of us?) 15 year old teenagers. Wait until January and get it for the normal price. That's what I decided to do after weeks of suffering.
For me the regular needs to be <600$ and the digital <500$ to start consider these prices as normal!
<600 usd is a highly optimistic approach
PS5 Disc Version
Internatinal MSRP : 500 USD
Add shipment + customs + 11% vat + shops profit margin + low sony supply world wide will net you > 600 USD immediately.
1st batch at Kouyoumji was sold at the best price available here.
647 USD (Cash or at Daily Market rate) + 11% Vat ( 72 USD) paid at 1520
= 647 USD + 109,000 LBP for the Disc Edition.
In terms of USD ( Black market rate on the lunch day the 19th was 8000 LBP / 1$) = 647 + 109,000/8000 = 661 USD
Nevertheless , Fattal did not fulfill him with enough units matching his long preorder list. Lucky for those who dropped one from Kouyoumji at this price!
It's 500$ in normal countries, so to me 600$ should be the price in Lebanon, that's what I would consider reasonable. I'm fairly certain it will reach this price by January. Let's see! One thing's for sure, I'm not paying 1000$+ for it...LifeEngineer wroteBesides I highly doubt it'll come down to "normal" prices even in 2021 altogether unless "normal" for you is like 700$+.ramy58 wroteI'm 21, but I have the patience of a 12 year old.Salloum wroteI didn't read the entire thread but I can pretty much guess how it's going. PATIENCE. We're not (at least I think most of us?) 15 year old teenagers. Wait until January and get it for the normal price. That's what I decided to do after weeks of suffering.
For me the regular needs to be <600$ and the digital <500$ to start consider these prices as normal!
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This is true for regular shops, not for AN OFFICIAL REGIONAL DISTRIBUTOR like FATTAL.Tech Guru wrote <600 usd is a highly optimistic approach
PS5 Disc Version
Internatinal MSRP : 500 USD
Add shipment + customs + 11% vat + shops profit margin + low sony supply world wide will net you > 600 USD immediately.
1st batch at Kouyoumji was sold at the best price available here.
647 USD (Cash or at Daily Market rate) + 11% Vat ( 72 USD) paid at 1520
= 647 USD + 109,000 LBP for the Disc Edition.
In terms of USD ( Black market rate on the lunch day the 19th was 8000 LBP / 1$) = 647 + 109,000/8000 = 661 USD
Nevertheless , Fattal did not fulfill him with enough units matching his long preorder list. Lucky for those who dropped one from Kouyoumji at this price!
You can't calculate shipping or customs or other variants for such distributors. Otherwise, how is the PS5 being sold at the official price all over the world?!
By your logic, it should be sold for 499$ (or its equivalent) in China and maybe Japan only, and more expensive everywhere else.
Fattal is NOT getting the PS5 for 499$ that's for sure. He gets it at a lowered price like every distributor around the world does.
And now with bad case of our currency, things should be even cheaper for us ( in terms of the final USD price we have to pay).
But I'm not surprised, we are corrupt people living in a badly corrupt governed country....
Do we have proof of Fattal selling it for this price? We should be able to report it
LOL... no offense, but sometimes I feel like people forget what Lebanon is...chosen2k wroteDo we have proof of Fattal selling it for this price? We should be able to report it
Pretty sure he/she is joking.Salloum wroteLOL... no offense, but sometimes I feel like people forget what Lebanon is...chosen2k wroteDo we have proof of Fattal selling it for this price? We should be able to report it
What do we lose if we try?
Two PS5s Disc Edition sealed and with warranty are needed. I pay USD 1800 for the two but I need them asap , no preorders no wait.
New scalper-ing opportunity
Since there are many scalpers out there jacking up prices, a good motive is to scalp as much as possible and do a tiny markup to lower the bar.Tech Guru wroteTwo PS5s Disc Edition sealed and with warranty are needed. I pay USD 1800 for the two but I need them asap , no preorders no wait.
Tell Sony to increase their supply to lower the prices. Law of supply- demand is now applicable. At the end no one is putting the trigger in a person head to force him/her to unwillingly purchase. At the end it's a luxury and secondary commidity.Beta0 wroteSince there are many scalpers out there jacking up prices, a good motive is to scalp as much as possible and do a tiny markup to lower the bar.Tech Guru wroteTwo PS5s Disc Edition sealed and with warranty are needed. I pay USD 1800 for the two but I need them asap , no preorders no wait.
Last time I checked monopolism was not legal, because you are doing it on personal level it is not illegal but it is for damn sure unethicalTech Guru wroteTell Sony to increase their supply to lower the prices. Law of supply- demand is now applicable. At the end no one is putting the trigger in a person head to force him/her to unwillingly purchase. At the end it's a luxury and secondary commidity.Beta0 wroteSince there are many scalpers out there jacking up prices, a good motive is to scalp as much as possible and do a tiny markup to lower the bar.Tech Guru wroteTwo PS5s Disc Edition sealed and with warranty are needed. I pay USD 1800 for the two but I need them asap , no preorders no wait.