New Delhi, Nov. 4 -- Sony is offering PlayStation 5 owners in the US an opportunity to trade in their existing consoles for up to $400 in cash through a partnership with refurbished electronics marketplace Back Market, according to a report by technology publication TweakTown.

The offer could help gamers offset the cost of upgrading to the more expensive PlayStation 5 Pro ahead of the much-anticipated release of Grand Theft Auto 6 (GTA 6).

The initiative is aimed at players with unused or idle PS5 consoles, allowing them to exchange their hardware for a cash payment based on its condition, model and accessories.

According to a report, the offer could bring down the effective cost of a PS5 Pro from $899.99 to around $500 for eligible ga...