If you’ve been holding out on buying Grand Theft Auto V, you may want to hold out a bit longer, as Rockstar has announced that their award-winning title will be making its way to next-gen consoles later this year.

GTA V will be released for the PlayStation 4 in the fall, with a PC and Xbox One version to follow shortly thereafter.

In addition, multiplayer progress will carry over to the PlayStation 4 version, regardless whether you played on a PlatStation 3 or an Xbox 360, which is pretty good news, especially coming off the heels of the announcement of a bunch of new content for the online mode.

Check the video below to see the game running on PlayStation 4.