Last updated: August 2026

The PlayStation 4 is an end-of-life console. It launched in 2013, new releases have largely moved on, and Sony’s attention is entirely on the PS5. Financing one over 24 months in 2026 deserves careful thought.

The case against a contract

The problem is not the hardware — it is the term. A 24-month agreement on a console already past its support window means you are still paying for it well after new games stop appearing for it.

Since the PS5 plays the large majority of PS4 titles, the older console’s library advantage largely transfers to the newer one anyway.

When a PS4 still makes sense

Situation Verdict
Bought outright, cheaply Reasonable — large back catalogue
Second console for a household Reasonable
Financed over 24 months Questionable
Only console, wanting new releases Choose a PS5

Bought outright at a low price it is still a lot of entertainment. Bought on credit at close to PS5 money it is not.

What to check on any console deal

See PS5 contract deals, PS4 Pro, PS4 console deals, console contract deals and gaming contract deals.

Frequently asked questions

Is the PS4 still supported?

Largely not for new releases. Development has moved to the PS5.

Will my PS4 games work on a PS5?

The large majority do.

Should I finance one over 24 months?

Rarely. Bought outright and cheaply it makes more sense.

More comparisons

Pricing, availability and platform support change regularly. This is general information, not financial advice.