How to Sell Used PS4 and Xbox One Consoles in Colombia at a Fair Price

When the time comes to upgrade to a next-gen console or make the jump to a gaming PC, many Colombians wonder what to do with their PlayStation 4 or Xbox One. Although they are no longer the latest model in stores, the last-gen generation retains very high demand in the country among families, students, and casual gamers looking for quality entertainment without paying launch prices.

The biggest dilemma is not finding a buyer, but avoiding giving it away to a resale shop or ending up scammed by a supposed client who sends a courier with a fake payment receipt. If you are looking to sell your current-generation equipment like a PS5 or Xbox Series X|S, we recommend reading our guide on how to sell used video game consoles in Colombia. However, in this guide, we will focus exclusively on the PS4 family (Fat, Slim, and Pro) and Xbox One (Original, S, and X): how to value your equipment, how to format it without leaving your account exposed, and how to close the deal with total peace of mind.

The PS4 and Xbox One market in Colombia: why you shouldn't give them away

The used console market in Colombia has very clear dynamics. On one hand, specialized businesses and refurbished stores offer inspected equipment with a seller's commercial warranty. For example, in August 2026, a refurbished 500GB PS4 Slim at formal stores has a reference ceiling near $999,900 COP. A private seller doesn't need to (and usually doesn't) compete at the same price as a store with a written warranty, but they also shouldn't accept the ridiculous offers from resellers who offer half its real value to later flip it.

To set a fair price between private parties, keep in mind that buyers are looking for substantial savings compared to the commercial market in exchange for accepting the product's used condition. The key to maintaining a good price is demonstrating that the console has had careful home use, that the warranty seals haven't been tampered with for no reason, and that the controllers don't have stickdrift.

Factors to define a fair price without losing customers

Not all used consoles are worth the same. A common mistake is to ask for the same amount for a 2013 PS4 Fat as for a PS4 Pro or an Xbox One X with 4K capability. To put together your sales budget, analyze the following components:

• Model and exact version: Slim and Pro models (on PlayStation) or Xbox One S and One X maintain better value than first-generation (Fat) models, which tend to be louder and bulkier.
• Storage capacity: A console with a 1TB hard drive is significantly more attractive than one with 500GB, given the size of today's games.
• Original accessories: An original DualShock 4 or Xbox Wireless Controller in perfect condition adds significant value. If you include a second original controller or a charging dock, you can justify a higher price.
• Physical format games: Physical discs included in the package help increase perceived value. Never try to charge extra for digital games linked to your personal account.

Reference valuation table for second-hand consoles

Console Model	Market Strength	Price-Reducing Factor
PS4 Fat (500GB / 1TB)	Affordable, massive catalog of titles.	Fan noise, old 500GB models.
PS4 Slim (500GB / 1TB)	Quiet, efficient power consumption, compact size.	Generic controllers or worn-out rubber sticks.
PS4 Pro (1TB)	Improved performance and 4K support.	Missing high-speed HDMI cable or broken seals.
Xbox One S (500GB / 1TB / All-Digital)	Stylized design, 4K Blu-ray reader (except All-Digital).	All-Digital edition lacks a disc drive.
Xbox One X (1TB)	Great raw power for that generation's titles.	Intensive use without thermal paste maintenance.

How to unlink your PlayStation or Xbox account before selling (official step-by-step)

Handing over a console with your profiles logged in is a huge risk to your privacy and your wallet. The buyer could make purchases with your registered cards or you could lose your game library. On the other hand, a user trying to change your account password could end up locking the device.

Official step-by-step for PlayStation 4

Sony establishes a strict procedure before transferring or selling your PS4:

1. Back up data: Save your games to the PS Plus cloud or a USB stick (Settings > Application Saved Data Management).
2. Deactivate the PS4 as your primary console: Go to Settings > Account Management > Activate as Your Primary PS4 > Deactivate. This step is crucial, as Sony only allows one primary PS4 per account. If you don't do it in person, you will have to resort to remote web deactivation, which is only allowed once every 6 months.
3. Initialize the console (Full formatting): Go to Settings > Initialization > Initialize PS4 > Full. Always choose the Full option. Restoring default settings does not delete users or games; full initialization does delete user data, games, and settings, and cannot be undone.

Official step-by-step for Xbox One

Microsoft indicates resetting the console to factory settings to sell it: it erases accounts, saved games, settings, and home Xbox associations. If it was offline, sync it first. Then remove the device at account.microsoft.com/devices.

Plus, Game Pass, and digital games follow your account, not the device. I would not sell it or leave the PSN or Xbox logged in. Physical discs are indeed sold separately.

The test video that seals the deal

The real annoyance is time: deactivating, formatting, and recording the video takes half an hour. If you skip it, the buyer will ask for a discount or disappear. A short clip, with the console logged out, is worth more than ten box photos.

Record in one take, in daylight, without showing serials, emails, or IDs:

• Boot to menu, with no account signed in.
• An original controller connected, sticks and buttons—if there is drift, state it out loud.
• Blu-ray drive or dashboard according to the model (in Xbox One S All-Digital there is no drive: clarify this).
• Stable HDMI output on a TV, no flickering.

Save a private photo of the serial number for yourself. Don't put it in the public ad: it helps if they swap the device at a meeting point.

How to create the ad to filter out the curious

State the model (Fat, Slim, Pro; One, S, or X), the storage, if the controllers are original, and that it is already formatted and account-free. 360-degree photos; if there is a broken seal or scratch, show it.

Agree on a meeting point and who brings the device. Hand-to-hand delivery. Separate controllers or headphones: consoles, headphones, and tech accessories. Channel: where to sell used items without commission y Consoles in Electronics. In August 2026 there are live ads, including a PS4 Pro, with an offer visible in Bogotá.

Watch out for the screenshot scam and the “messenger who is on their way”

Do not hand over items against a Nequi or Daviplata screenshot or a messenger who is “already on the way.” Check the available balance in your own app and hand over the console there. The details are in how to verify a payment before handing over the item.

If they ask to swap consoles “because the other one is the same,” say no. Keep your own private photo of the serial number and compare it on-site. An occasional private seller informs that the item is used and mentions any flaws; do not market yourself as a store. The three-month rule from the Consumer Statute (Law 1480) applies to a producer or supplier versus a consumer, not as an automatic recipe between neighbors.

Frequently Asked Questions

❓ How much can I ask for a used PS4 Slim?

There is no official list: in August 2026, a refurbished 500GB Slim with a warranty was listed around $999,900, so a private seller is usually lower. Check current ads on the day you post and adjust based on controllers and condition.

❓ Does the quick initialization keep my PSN account?

No: Restoring default settings does not delete users or saved data. Deactivate the primary PS4 and initialize in Full mode. Sony allows one primary system per account; global remote deactivation is allowed once every six months.

❓ Does the Xbox factory reset remove the home Xbox?

Yes: a factory reset deletes accounts, saved data, and home associations. Then, remove the device at account.microsoft.com/devices. If it was offline, sync it beforehand so you don't lose saved data in the cloud.

❓ Do I have to give a 3-month warranty like the SIC?

Not automatically: that rule from the SIC and Law 1480 (checked 2026) applies to a producer or supplier versus a consumer. An occasional private seller informs that the item is used and discloses flaws. If you sell as a habitual supplier, the Statute does apply.

❓ Can I charge extra for the digital games on my account?

Not safely: digital games follow your account, not the hardware. Sell physical discs separately and hand over the console without an active session. Lending your PSN or Xbox account leaves you exposed to purchases in your name.

❓ How do I avoid the screenshot scam or having the console swapped?

Hand over the item in person after seeing the available balance in your app. Keep a private photo of the serial number. The money must be in your balance, not in a screenshot.

❓ Where can I post without an intermediary commission?

In the Consoles category, with the model, photos, and a video showing that it has already been formatted. A clear ad filters out window shoppers faster than generic text on Facebook.