Now is the best time to buy an Oculus Quest 2 thanks to the Quest 3

A person carrying a box with an Oculus Quest 2 VR headset in
(Image credit: Shutterstock / Boumen Japet)

Meta has announced the Meta Quest 3, and you know what that means: now is the best time to buy an Oculus Quest 2

That’s because, following Mark Zuckerberg's unveiling of the Quest 3, Meta has said the Quest 2 is getting a price drop from June 4. The 128GB model will drop to $299.99 / £299.99 – this is how much it cost before its August 2022 price hike – and the 256GB model will be $349.99 / £349.99  – $50 / £50 cheaper than its pre-August 2022 price. (In Australia, the same models are dropping to AU$509.99 and AU$589.99 respectively, which, while it's a price cut, is still more expensive than before the price hike.)

What’s more, Meta has said the Quest 2 and Meta Quest Pro will benefit from GPU and CPU boosts in the next Quest software update. According to a press release, following the update you should see the headset’s CPU performance increase by up to 26%, and the GPU get up to a 19% speed boost. These enhancements should mean smoother gameplay and richer visuals on both headsets.

It’s not entirely clear exactly how Meta will achieve these improvements, but most likely it’s some form of OS optimization, freeing up computing power to run the game you’re playing rather than running background processes.

Should you wait for the Meta Quest 3? 

While we're hyping the existing Quest 2 headset, Meta’s new Quest 3 looks set to offer good bang for your buck. It will, not surprisingly, be pricier, with the cheapest model coming in at $499 / £499 / AU$829. However, Meta has said the new headset is its “most powerful headset yet”, offering twice the graphical performance of the Quest 2, while also being 40% thinner. 

The Oculus Quest 3 and its controllers, front on, on a baby blue background

(Image credit: Meta)

It’ll also have full access to the Quest 2’s catalog of games, which includes many of the best VR games out there. So if you can hold out for the Quest 3 – Meta will reveal more details on September 27, and plans to release the headset "this fall" (September-November) – and if you can afford the slightly pricier headset, we’d recommend holding off.

That said, if you’re on a tighter budget, and desperate to try VR out right now, the Quest 2 at $299.99 / £299.99 / AU$509.99 is exceptionally appealing. In terms of bang for your buck, there’s not a better deal out there in the VR space in our view. 

Whether you’ve decided to bite the bullet, or are still undecided about picking up a Meta Quest headset, you’ll want to check out the announcements from the Meta Quest Gaming Showcase 2023. Meta has teased some exciting reveals which might make your new purchase more enjoyable, or convince you to check out the metaverse.

Hamish Hector
Senior Staff Writer, News

Hamish is a Senior Staff Writer for TechRadar and you’ll see his name appearing on articles across nearly every topic on the site from smart home deals to speaker reviews to graphics card news and everything in between. He uses his broad range of knowledge to help explain the latest gadgets and if they’re a must-buy or a fad fueled by hype. Though his specialty is writing about everything going on in the world of virtual reality and augmented reality.