The main difference is that the Standard Edition includes the base game, while the Ultimate Edition adds extra in-game content such as exclusive vehicles, weapons, apparel, and some story-related content. The Ultimate Edition also costs more: the Standard Edition is listed at $79.99 and the Ultimate Edition at $99.99.

What each one includes

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Edition Includes
Standard Edition Base game only, plus the same pre-order bonus as the other edition if bought before November 20.
Ultimate Edition Base game plus exclusive premium vehicles, weapons, apparel, and additional story-linked content.

Pre-order bonus

Both editions reportedly get the same pre-order bonus: the Vintage Vice City Pack for purchases made before November 20. That means the choice is mostly about whether the extra Ultimate Edition content is worth the additional $20.

Which one to pick

  • Choose Standard if you just want the full game and do not care about bonus content.
  • Choose Ultimate if you want the extra vehicles, weapons, outfits, and story extras.

In short, Standard is the base game, and Ultimate is the base game plus extras for a higher price.