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Forbes
a day ago
- Business
- Forbes
Samsung Makes New 5 Year Credit Offer To Galaxy Z Fold 7 Buyers
The Galaxy Z Fold 7 can be bought through Samsung's new trade-in scheme. Samsung Samsung wants to capitalize on its trade-in pricing supremacy with a standalone trade-in program that isn't directly linked to buying a new phone. But how do these static valuations compare to Samsung's recent deals? This story was updated on July 27th with new U.S. trade-in pricing. The new U.K.-based scheme is fairly straightforward. If you want to trade in your phone (it will only accept Galaxy S and Galaxy Z models at this time) without buying a new handset, you can do it through this portal. Samsung will then gift you store credit that lasts for up to five years and be used to buy anything Samsung sells. Forbes Samsung Makes $963 Offer To Galaxy Z Fold 7 Buyers By Janhoi McGregor There is also an option to trade-in and instantly buy a new device. Samsung will accept more brands through this route, including Xiaomi, Realme, Oppo, Sony, and other devices it doesn't normally accept. Typically, when trading-in to buy a new phone, Samsung will group any handsets not made by Apple, Google, or itself under a single 'any other Android' category, which comes with a single price, so this is a clear change of strategy. While we're on price, Samsung's valuations fall short of previous deals if you're swapping in a Samsung phone. The news is much better for Apple handsets, though. More on that shortly. For now, here's a selection of what the new trade-in scheme is offering for 512GB used phones. Forbes A New Samsung Galaxy S26 Design Upgrade Makes Perfect Sense By Janhoi McGregor Samsung Galaxy Z Fold 6 - £665 ($893.49) (up to £735 for the 1TB model) Samsung Galaxy S24 Ultra - £453 ($608.65) Samsung Galaxy Z Flip 6 - £402 ($540.13) Samsung Galaxy S23 Ultra - £340 ($456.82) Samsung Galaxy S22 Ultra - £216 ($290.22) Samsung Galaxy Note 20 Ultra - £181 ($243.19) Apple iPhone 15 Pro Max - £615 ($826.31) Apple iPhone 14 Pro Max - £455 ($611.34) Apple iPhone 13 Pro Max - £335 ($450.11) Google Pixel Fold - £290 ($389.64) Google Pixel 8 Pro - £256 ($343.96) Pixel 7 Pro - £110 ($147.80) The Samsung Galaxy Z Fold7 smartphone is displayed at a Samsung store in Seoul on July 10, 2025. ... More Samsung unveiled on July 9, the new generation of its foldable smartphone, the Z Fold7, dramatically slimmed down in an attempt to jumpstart this still-niche market. (Photo by Jung Yeon-je / AFP) (Photo by JUNG YEON-JE/AFP via Getty Images) AFP via Getty Images In a promotion last month, Samsung U.K. suddenly raised trade-in prices that competed with Samsung U.S. valuations. For the unaware, U.K. and European trade-in pricing has historically been poor. Instead, the Korean company prefers to bundle free hardware in its British promotions, like a free tablet, earbuds, or a chromebook. That changed in June with an offer that raised trade-in prices to the highest I have ever seen them on this side of the pond. Here's a selection of those prices up against Samsung's new trade-in scheme. Samsung Galaxy S24 Ultra June price: £581 ($784.06), new scheme price: £453 ($608.65) Samsung Galaxy S23 Ultra June price: £449 ($449.39), new scheme price: £340 ($456.82) Apple iPhone 13 Pro Max, June price: £230 ($310.39), new scheme price: £335 ($450.11) Apple iPhone 15 Pro Max, June price: £500 ($674.75), new scheme price: £615 ($826.31) As you can see, the new scheme won't pay as much for some Samsung handsets, but it will pay more (than the last major promotion) for Apple phones. The new scheme's pricing also appears to be based on the current pre-order deal for the Galaxy Z Fold 7, which makes me wonder if Samsung's valuations—for this scheme—will change based on whatever offer the company is running that day. If they broadly stay as they are, this is a solid good option for people looking to lock in a decent trade-in price to use later (as store credit). That's important because these valuations do change as the phones age and lose software support, which was the case with the Galaxy S20 Ultra earlier this year. But always check if Samsung is running a promotion on its site, or the Samsung Shop app, because there's a decent chance you will find a better price for your used phone. July 27th update: Galaxy Z Fold 7 buyers in the U.S. haven't been ignored when it comes to trade-in discounts. The Galaxy Z Fold 7 pre-order period is over, but Samsung still has inflated trade-in prices on its site. There are some solid prices here for older phones that rival some of the better promotions we have seen from the Korean company. Here are a couple of realistic trade-in options. Galaxy Z Fold 5 - $900 Galaxy S24 Ultra - 800 Galaxy Note 20 Ultra - $600 Galaxy S22 Ultra - $500 Galaxy S21 Ultra - $400 Clearly, the best price here is $600 for the Galaxy Note 20 Ultra, which was released five years ago in 2020. You can buy a Note 20 Ultra on eBay for far less than this—in some cases for under $200—if you don't have anything to trade-in and want that discount. Samsung wants you to handover a Galaxy phone because the trade-in prices for Apple handsets, and other Android devices, are nothing to write home about. For example, a realistic Apple trade-in, such as the iPhone 13 Pro Max, is priced at $300. Depending on the condition, you could get slightly more than that on the secondary market. Google Pixel phones are poorly priced, too. With exceptions of the Pixel 9 Pro and Pixel 9 Pro Fold ($600), numbers dramatically dip with the Pixel 8 Pro ($250) and crater with the Pixel 7 Pro ($150).
Forbes
2 days ago
- Business
- Forbes
Samsung Makes New 5 Year Trade-In Offer To Galaxy Z Fold 7 Buyers
The Galaxy Z Fold 7 can be bought through Samsung's new trade-in scheme. Samsung Samsung wants to capitalize on its trade-in pricing supremacy with a standalone trade-in program that isn't directly linked to buying a new phone. But how do these static valuations compare to Samsung's recent deals? The new U.K.-based scheme is fairly straightforward. If you want to trade in your phone (it will only accept Galaxy S and Galaxy Z models at this time) without buying a new handset, you can do it through this portal. Samsung will then gift you store credit that lasts for up to five years and be used to buy anything Samsung sells. Forbes Samsung Makes $963 Offer To Galaxy Z Fold 7 Buyers By Janhoi McGregor There is also an option to trade-in and instantly buy a new device. Samsung will accept more brands through this route, including Xiaomi, Realme, Oppo, Sony, and other devices it doesn't normally accept. Typically, when trading-in to buy a new phone, Samsung will group any handsets not made by Apple, Google, or itself under a single 'any other Android' category, which comes with a single price, so this is a clear change of strategy. While we're on price, Samsung's valuations fall short of previous deals if you're swapping in a Samsung phone. The news is much better for Apple handsets, though. More on that shortly. For now, here's a selection of what the new trade-in scheme is offering for 512GB used phones. Forbes A New Samsung Galaxy S26 Design Upgrade Makes Perfect Sense By Janhoi McGregor Samsung Galaxy Z Fold 6 - £665 ($893.49) (up to £735 for the 1TB model) Samsung Galaxy S24 Ultra - £453 ($608.65) Samsung Galaxy Z Flip 6 - £402 ($540.13) Samsung Galaxy S23 Ultra - £340 ($456.82) Samsung Galaxy S22 Ultra - £216 ($290.22) Samsung Galaxy Note 20 Ultra - £181 ($243.19) Apple iPhone 15 Pro Max - £615 ($826.31) Apple iPhone 14 Pro Max - £455 ($611.34) Apple iPhone 13 Pro Max - £335 ($450.11) Google Pixel Fold - £290 ($389.64) Google Pixel 8 Pro - £256 ($343.96) Pixel 7 Pro - £110 ($147.80) The Samsung Galaxy Z Fold7 smartphone is displayed at a Samsung store in Seoul on July 10, 2025. ... More Samsung unveiled on July 9, the new generation of its foldable smartphone, the Z Fold7, dramatically slimmed down in an attempt to jumpstart this still-niche market. (Photo by Jung Yeon-je / AFP) (Photo by JUNG YEON-JE/AFP via Getty Images) AFP via Getty Images In a promotion last month, Samsung U.K. suddenly raised trade-in prices that competed with Samsung U.S. valuations. For the unaware, U.K. and European trade-in pricing has historically been poor. Instead, the Korean company prefers to bundle free hardware in its British promotions, like a free tablet, earbuds, or a chromebook. That changed in June with an offer that raised trade-in prices to the highest I have ever seen them on this side of the pond. Here's a selection of those prices up against Samsung's new trade-in scheme. Samsung Galaxy S24 Ultra June price: £581 ($784.06), new scheme price: £453 ($608.65) Samsung Galaxy S23 Ultra June price: £449 ($449.39), new scheme price: £340 ($456.82) Apple iPhone 13 Pro Max, June price: £230 ($310.39), new scheme price: £335 ($450.11) Apple iPhone 15 Pro Max, June price: £500 ($674.75), new scheme price: £615 ($826.31) As you can see, the new scheme won't pay as much for some Samsung handsets, but it will pay more (than the last major promotion) for Apple phones. The new scheme's pricing also appears to be based on the current pre-order deal for the Galaxy Z Fold 7, which makes me wonder if Samsung's valuations—for this scheme—will change based on whatever offer the company is running that day. If they broadly stay as they are, this is a solid good option for people looking to lock in a decent trade-in price to use later (as store credit). That's important because these valuations do change as the phones age and lose software support, which was the case with the Galaxy S20 Ultra earlier this year. But always check if Samsung is running a promotion on its site, or the Samsung Shop app, because there's a decent chance you will find a better price for your used phone.
Forbes
07-05-2025
- Business
- Forbes
Samsung Teases New Galaxy S25 Edge Discount Before Launch
A Samsung Galaxy Edge smartphone next to the Samsung Galaxy 23 and Samsung Galaxy 24 smartphones. ... More Photographer: Michaela Vatcheva/Bloomberg © 2025 Bloomberg Finance LP After launching one of its best Galaxy S25 Ultra deals yet, Samsung has teased the upcoming Galaxy S25 Edge with a pre-release discount offer. The offer, which is being emailed to registered Samsung users, knocks £100 ($133.65) off the Galaxy S25 Edge. The deal comes in two parts. First, people registered to receive Samsung marketing emails will get a £50-off ($60.85) voucher code (I received this in the U.K.). The second part knocks £100 off the Edge if shoppers pay a £50 reservation fee, which amounts to an overall £50 discount. Samsung says the first £50 voucher can be used with this reservation discount, knocking a total of £100 off the new handset. Forbes Samsung Brings Back Galaxy S24 Ultra With New Low Price By Janhoi McGregor Samsung doesn't directly name the Galaxy S25 Edge, but this offer is almost certainly related to the new ultra-slim phone. The dates mentioned in the deal, specifically paying the deposit by May 9th, line up with leaks that say the Galaxy S25 Edge will land this month. Samsung is sending voucher codes for the Galaxy S25 Edge. Samsung Before the Galaxy S25 series landed in January, Samsung made a similar $50 reservation gift offer to prospective buyers who completed a survey. The difference was that the $50 could only be used as store credit if the one of the Galaxy S25 models was eventually bought. There doesn't appear to be a similar stipulation in this Galaxy S25 Edge promotion. Samsung also promised up to $1,250 in 'additional savings,' which amounted to a mix of trade-in pricing, store credit, money off accessories and a free double storage offer. Samsung hasn't mentioned a big figure pre-release deal for the Edge yet, despite how close the launch is. Forbes Your Apple iPhone 16 Is Suddenly More Valuable By Janhoi McGregor That doesn't mean it won't, though. This is a new(ish—Samsung released an 'Edge' phone back in 2014) phone line from Samsung and that could mean some aggressive pricing to make it attractive to weary buyers. How deep the pre-order deal goes will tell us how seriously Samsung is taking the Galaxy S25 Edge. The main S25 line is the company's iPhone-killing flagship, but where does the S25 Edge fit in? Will Samsung pull out its most enticing discounts to tempt people away from the rumored iPhone 17 Air? Or will the Edge join the many other handsets in the Korean company's ever-expanding lineup of smartphones that are quickly forgotten after launch? We'll know more in a few weeks. Hit the follow button below to stay up-to-date on Galaxy S25 Edge news. Forbes Google Slashes Pixel 9 Pro XL Price In New Mother's Day Deal By Janhoi McGregor
