Question about going to a PS5 from a PS4. Do you lose all Statistics and credits?

[Popeyeman]

I want to get a PS5, Do i lose all my progress and credits if I do? Will I have to start all over? Thanks in advance!

 

[Sinyster]

No, you won't lose your progress from what I can remember. All of your cars and credits should remain, as does the career progression, but you will lose any and all photos/replays you had saved. And I think this may also apply for liveries as well, but that one I'm not 100% on.

 

[benjoi84]

I would share any content you wish to keep (replays, liveries etc.). I got stung when I switched and lost hundreds of saved races.