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Wright said:
This option may sound "meh" (But I think this is a pretty good option! ;_;), but...why not try to fix it instead? When my 360 RROD on me, I fixed it following some google's guide. It's not like I know about these things, but you never know!

http://www.ifixit.com/Guide/Yellow+Light+of+Death+Repair/3654/1


I did look into fixing it, but to be honest the time involved and getting the space to do it as well as buying a heat gun, just put me off doing it.  Also I think repair shops are charging £50+ to repair it and it could just go again.  So reckon its better all round to get a new one or a preowned with a 12 month warranty to cover it.



Prediction (June 12th 2017)

Permanent pricedrop for both PS4 Slim and PS4 Pro in October.

PS4 Slim $249 (October 2017)

PS4 Pro $349 (October 2017)