Samsung Ups Galaxy S24 Trade-In Values Before Pixel 9 Debut

Samsung and Google have been actively reducing prices on their flagship phones throughout the year, employing strategies such as increasing trade-in values, offering hardware discounts, and sending promotional vouchers to customers. With the release of Google’s Pixel 9 approaching, Samsung has introduced a new promotion for its Galaxy S24 Ultra by temporarily boosting trade-in values for older smartphones.

Samsung’s trade-in deals are known for their generosity, but the new trade-in values do not match the offers Samsung provided a few weeks ago when the Galaxy Z Fold 6 launched, or even the current prices for its foldable devices. For example, Samsung previously valued the Galaxy Z Fold 4 at $1,000 when purchasing the Fold 6, but it now holds a trade-in value of just $450 when buying the Galaxy S24 Ultra. Despite this decrease, there are still notable trade-in values available if you explore the options.

The current trade-in values for various devices when purchasing the Galaxy S24 Ultra are as follows: Galaxy S22 Ultra at $650, Galaxy S22 Plus at $500, Galaxy S21 Plus at $400, Galaxy S20 Ultra at $400, iPhone 12 Pro Max at $350, and iPhone 14 Pro at $400. On the other hand, trade-in values for Google’s devices are less favorable. For instance, the Pixel Fold, priced at $1,799, is offered at only $300 for trade-in—the highest amount Samsung will offer for a Pixel phone. It’s important to note that the Z Fold 6 is significantly more expensive than the Galaxy S24 Ultra, which allows Samsung to offer higher trade-in values for older handsets.

When comparing these values to those offered by Google and Apple, Samsung’s trade-in prices are notably higher. Google will pay up to $200 for the Pixel 7 Pro, while Samsung’s valuation is $300. For the Galaxy S22, Google offers up to $205, whereas Samsung provides $650. In comparison, Apple’s trade-in values are somewhat less competitive. Apple will pay $620 for the iPhone 14 Pro Max when purchasing the iPhone 15 Pro Max, compared to Samsung’s $500 offer. Both companies offer $350 for the iPhone 12 Pro Max, but Apple’s trade-in value drops for Android devices, with Apple providing only $235 for the Galaxy S22 Ultra.

In addition to the trade-in promotion, Samsung is offering a $300 store credit with the purchase of a Galaxy Z Fold 6. This credit can be used towards various products, including several of Samsung’s new devices like the Galaxy Watches, Galaxy Ring, and earbuds. The credit is almost equivalent to the cost of these accessories, especially when considering bundle discounts available for purchasing the phone and wearable together.

If you’re considering buying a new phone, the Samsung trade-in offer is available until August 31st. It might be worth waiting to see what Google announces on August 13th regarding their new handsets, as their latest offerings could influence the value and availability of promotions. This timing could provide additional options or better deals depending on the upcoming announcements from both Samsung and Google.