I'd say wait for the PS5 Slim or whatever it's called I'm sure it'll have more than features and upgrades. Also if your sharing with family members I'd most definitely say wait for the next version off ps too be released, since the storage is dogshit on PS5. External hard drives will only hold PS4 games meaning you'll need a SSD card if you want extra PS5 game storage which cost a shit ton of money too.