Compare PS5 and Xbox Series X Black Friday deals with true cost calculations. Bundle effective prices, storage expansion math, and subscription overlays reveal which console offers better value in 2025.
Here's the thing - comparing PS5 and Xbox Series X deals on Black Friday isn't just about the headline price anymore. After tracking console deals for years and watching too many people get burned by "amazing bundles" that weren't actually good deals, I've learned the real math involves three hidden factors most comparisons ignore.
First, there's the bundle trap. Last year we saw the Xbox Series X drop down to £409.00 matching the price drops of the PS5 in Black Friday 2023, but that was for the console alone. This year, retailers are pushing bundles hard - and not all bundles are created equal. A $450 "deal" with two games you don't want isn't better than a $425 console-only price.
Second, storage expansion costs can add $100-500 to your real price. The $499.99 MSRP of the 4TB Seagate Xbox storage expansion card only adds to the burden, while PS5 users can find compatible SSDs for significantly less.
Finally, subscription services change the math completely. Game Pass Ultimate at $20/month versus PlayStation Plus at various tiers means your three-year ownership cost varies by hundreds of dollars.
Let me show you how to calculate the actual cost of each console this Black Friday - including a calculator that factors in everything.
The baseline has shifted dramatically in 2025. Both the regular PS5 console and the PS5 Digital Edition are $75 off on the PlayStation store ($424.99 and $374.99 respectively) - and that's before Black Friday even officially starts.
Meanwhile, Microsoft's offering $50 off select Xbox Series X|S consoles alongside game bundles. But here's what's really changed:
2025 Hardware Updates: The PS5 Pro launched at $699 (now seeing first discounts), Xbox released a 2TB Galaxy Black Series X, and both ecosystems updated their subscription tiers significantly.
Current Base Pricing (Pre-Black Friday)
Console Model
MSRP
Current Street Price
Expected BF Low
PS5 (Disc)
$499
$424
$399-419
PS5 Digital
$449
$374
$349-369
Xbox Series X
$499
$449
$399-429
Xbox Series X (Digital)
$449
$429
$379-399
Xbox Series S
$299
$249
$199-229
Bundle Mathematics: What's Actually Worth It?
Retailers love bundles because they look like massive savings. "$600 value for $450!" But let's break down the real math.
Common Bundle Types & Their True Value
Walmart and Best Buy have separate bundles that pair the machine with Dragon Age: The Veilguard or one of EA's sports games for $450. Here's how to evaluate them:
Bundle Value Formula:
Effective Console Price = Bundle Price - (Games You'd Buy Anyway × Their Lowest Price) - (Gift Card Value × 0.9)
Real Bundle Examples from 2024 (Expect Similar in 2025)
Bundle Type
Advertised Price
Claimed Value
Real Value If...
PS5 + Spider-Man 2 + Extra Controller
$499
$630
$440 (if you need both)
Xbox Series X + Game Pass 3 Months
$479
$550
$425 (if staying subscribed)
PS5 Digital + Fortnite Currency
$374
$425
$374 (currency = sunk cost)
Xbox Series S + 2 Older Games
$269
$380
$240 (games often $15 separately)
The Bundle Rule: Only count items you were planning to buy anyway. A "free" game you'll never play has zero value. Gift cards are worth 90% of face value since they lock you into that retailer.
The Storage Expansion Trap Nobody Talks About
This is where the real cost divergence happens. Both consoles ship with roughly 800GB of usable space - enough for maybe 8-10 modern games. When Call of Duty alone eats 200GB, you'll need expansion fast.
PlayStation 5 Storage Options
The best SSDs for PS5 were something we were pining for from the beginning, and now the market has matured beautifully:
1TB Expansion: $60-90 (quality Gen4 NVMe with heatsink)
2TB Expansion: $120-180
4TB Expansion: $250-350
Installation: 5 minutes with a screwdriver
Any compatible Gen4 NVMe works - competitive market keeps prices low
Xbox Series X Storage Reality
Xbox uses proprietary expansion cards, and Right now you can pick up a Gen 4 2TB NVMe SSD for PC for as little as $240, almost half the price of the Xbox's bespoke cards:
512GB Expansion: $89-139
1TB Expansion: $149-219
2TB Expansion: $279-399
4TB Expansion: $499 (more than a Series S!)
Installation: Instant plug-in, but you pay for convenience
Only Seagate/WD cards work - no competition = high prices
Xbox's storage expansion costs 2-3x more than PlayStation's for the same capacity. Over a console's lifetime, this adds $200-500 to your total cost.
Subscription Services: The Three-Year Reality Check
Here's where things get interesting. Three months of Game Pass Ultimate dropped to just $27.99 during last Black Friday, but let's look at the full picture:
Ultimate: $20/month ($240/year) - Everything including day-one releases
Three-Year Cost Comparison:
PS Plus Essential (3 years): $240
PS Plus Extra (3 years): $405
Xbox Game Pass Core (3 years): $180
Xbox Game Pass Ultimate (3 years): $720 (or less with conversion tricks)
Deal Timing & Restock Patterns
After tracking five years of console Black Friday sales, clear patterns emerge:
When Deals Actually Drop
Early November: "Preview" deals appear - usually bundles at okay prices
Week Before BF: Major retailers announce doorbusters
Thanksgiving Day: Online deals go live (6 PM ET typical)
Black Friday Morning: Restock waves at 3 AM, 6 AM, 9 AM ET
Cyber Monday: Final discounts, often matching BF lows
Retailer-Specific Patterns
Best Buy
Totaltech members get early access
Best restock communication
Price match during return window
Amazon
Surprise lightning deals
Subscribe & Save stacking possible
Watch for Warehouse deals
Walmart
Walmart+ early access (4 hours)
Aggressive bundle pricing
In-store pickup saves shipping
Target
RedCard extra 5% off
Circle offers stack
Gift card promotions common
Bundle Effective Price Calculator
Use this calculator to find the real cost of any console bundle deal:
Console Bundle True Cost Calculator
$450Effective Console Price
Year 1 Total$530
3-Year Total$690
vs Console Alone-$25
VerdictGood Deal
Your Personal Decision Matrix
Here's the framework I use to help people choose:
Buy PS5 If...
You care about exclusive single-player narratives (Spider-Man, God of War, Horizon)
You want cheaper storage expansion options
You prefer owning physical games (better resale value)
VR interests you (PSVR2 support)
You're patient - exclusives often hit PS Plus Extra after 12-18 months
Buy Xbox Series X If...
Game Pass Ultimate's day-one releases appeal to you
You play lots of different games (Game Pass = Netflix for games)
Backwards compatibility matters (plays all Xbox generations)
You want the most powerful console (marginally beats PS5)
You're in the Microsoft ecosystem (Play Anywhere with PC)
Consider Xbox Series S If...
Budget is tight (often hits $199 on Black Friday)
You're casual or play mainly indie/older games
You have fast internet (digital only, game streaming works well)
It's a secondary console or for kids
Deal Scenarios: When Each Console Wins
Let me give you specific price points where the math flips:
Scenario
PS5 Wins If...
Xbox Wins If...
Console Only
≤$399 for disc version
≤$379 with Game Pass bundle
Bundle Deal
Includes games you want + ≤$450
Includes 6+ months Game Pass
Long-term (3 years)
You'll buy
You'll play 20+ games/year
Storage Sensitive
Need 2TB+ expansion
1TB is enough
The Return Policy Safety Net
One thing most people miss: use return policies as price protection.
Buy from retailers with extended holiday returns (usually through January). If a better deal appears on Cyber Monday, you can return and rebuy, or request a price adjustment. Best Buy, Target, and Costco are particularly good about this.
Alternative Strategies If You Miss the Best Deals
Sometimes the best bundles sell out in minutes. Here's what to do:
Buy Console Only, Wait for Game Sales: Games drop faster than consoles. Black Friday game deals continue through December.
Check Warehouse/Open Box: Returned bundles appear as open-box 10-15% cheaper in early December.
Use Cashback & Rewards: Credit card rewards, Rakuten, and retailer rewards can stack for another 5-10% off.
Consider Refurbished: Microsoft and Sony sell certified refurb units with warranties for $50-100 less year-round.
Track Every Console Deal in Real-Time
Our Deal Tracker spreadsheet monitors PS5 and Xbox prices across 15+ retailers, sends price drop alerts, and calculates true bundle values automatically. Updated hourly during Black Friday week.
Are PS5 or Xbox bundles actually cheaper than buying separately?
Not always. Many bundles include games at MSRP ($70) that regularly sell for $30-40. Do the math: if a $500 bundle includes two older games, you're often better off buying the $425 console and waiting for game sales. Only bundles with new releases or substantial gift cards typically offer real savings.
Will consoles be cheaper on Cyber Monday than Black Friday?
Historically, console hardware prices match between Black Friday and Cyber Monday - retailers don't typically drop them further. However, Cyber Monday often has better accessory deals (controllers, headsets) and digital game sales, especially on PlayStation and Xbox stores directly.
Is the PS5 Digital Edition worth saving $50?
Only if you never buy physical games. Physical games drop in price faster, can be resold, and can be borrowed from friends. Over three years, physical game buyers typically save $200-400 through used games and sales. The $50 upfront savings rarely compensates for losing these options.
Should I buy extra storage immediately or wait?
Wait if you play 5 or fewer games simultaneously. Both consoles hold 8-10 games on internal storage. SSD prices drop constantly - what costs $150 today might be $100 in six months. However, if you see a 2TB PS5 SSD under $120 or need Xbox storage, Black Friday is the best time to buy.
Do I need the expensive subscription tiers?
For online play only, stick with PS Plus Essential or Xbox Game Pass Core. Higher tiers make sense if you'd otherwise buy 3+ games annually (Game Pass Ultimate) or want the PS Plus catalog (Extra tier). Premium/Ultimate tiers are overkill unless you love retro games or cloud gaming.
The Bottom Line: Your True Cost Checklist
Before you buy any console bundle this Black Friday, calculate:
Bundle price minus value of games/accessories you actually want
Plus inevitable storage expansion (1-2TB minimum)
Plus three years of subscription services
Minus any cashback, rewards, or gift cards
Compare to buying everything separately over time
For most people, the sweet spot is:
PS5 at ≤$399 (disc) or ≤$349 (digital) with one game you want
Xbox Series X at ≤$379 with 3+ months of Game Pass Ultimate
Xbox Series S at ≤$199 for casual or secondary console needs
Remember: the "best" deal is the one that matches your actual gaming habits, not the biggest percentage off.
Ready to Find Your Perfect Console Deal?
SmartSMSSolutions helps you track prices, calculate real values, and get alerts when your target deals go live. Our Black Friday Hub includes deal trackers, price histories, and restock notifications.
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