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Soundwave said:

PS5's used value will collapse the moment a PS6 is announced even if Sony tries to keep the MSRP artificially high. 

Why buy a used PS5 when you can get a PS6 for $750-$800 or whatever. 

Because you can't spend $800 but can spend $400, for starters. Not to mention the $800 console will be very hard to come by.

By the way, used Switches on Amazon dropped just some 20% in value over the past year and are now right back up to their pre-Switch 2 launch price. Don't underestimate market dynamics in the face of scarcity, people by and large aren't rational buyers at all.