Despite the fact that we're four years into this current console generation, PS5 discounts have been as slim as its recent redesign. You'll hardly ever find Sony's console for less than its launch day price. Even when the PS5 Pro was announced, Sony opted to keep the base model's price the same. That's finally changed. As part of Amazon's Prime Big Deals Day, the PS5 Digital Edition just got a big price cut. Regularly $450, it's on sale for $400 through most major retailers, but has been bouncing a bit lower (it's currently $395 at the time of writing).
You may be wondering if this is the right moment to buy a PS5. After all, its $700 Pro model is slated to launch next month. I'd argue that this is the exact moment to buy a base model, though.