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Open-box XM5 can be a smart buy. “Like new” on a marketplace is a story until you see pad shine, headband stretch, and who honors the warranty.
What a fair price is
A useful rule: if the discount versus a current Sony sale is under 20%, buy new and sleep. If it is 30–40% off a real street price, from a seller with a 30-day return, it can be worth the pad lottery.
Inspect the listing
Ask for a photo of the serial, the cup edges, and the headband stitching. Refuse listings that only show the box. Confirm whether you get the original USB-C cable and 3.5 mm dongle.
Warranty reality
Manufacturer coverage may die on grey imports. A store warranty that is actually local beats a 90-day marketplace promise that requires a return label battle. Skip if the seller will not take returns on wear items.
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