Grand Theft Auto V (and by a vast extension, Grand Theft Auto Online), has been a major golden goose for Rockstar Games, as its massive popularity has managed to withstand years within an ever changing game industry while surviving an increasing wave of newer game titles from 2013 to 2022. Now with Rockstar Games having their sights set on releasing their flagship title on both the Playstation 5 and Xbox Series X|S platforms, many players who already owned the game on previous generation platforms are wondering if they will be able to upgrade their older versions of the game for next-gen consoles for free.

And unfortunately, this will not be the case. According to the Xbox and PS Store pages, there will be no free upgrades for previous owners of the game. However, there will be several discounts available for those that choose to pre-order the PS5 and Xbox Series X|S versions.

  • For the PS5 version: GTA V will be available at $10 USD until June 14, and GTA Online will be free as a standalone release until June 14th.
  • For the Xbox Series X|S version: The GTA V and GTA Online will be bundled together costing $20 USD until June 14th.

After the June 14th deadline, GTA V bundled with GTA Online will be priced at $40 USD, while GTA Online will be available as a standalone purchase for $20 USD, for both the PS5 and Xbox Series X|S versions.

While the next-gen versions of Grand Theft Auto V will have some new enhancements here and here, the game will more or less play and look nearly the same as it did back in 2013. While a free upgrade would have been a much better offer to give to loyal GTA V fans that have stuck with the game throughout the years, it's hard to deny that a hefty discount is not so bad either.

Players can pre-order both the Xbox Series X|S version online, while PS5 users will have to navigate the PS Store on their PS5 console for preorders.