Samsung's Galaxy S22 series trade-in program offers more value than ever before
The Galaxy S22 series looks to be Samsung's most ambitious set of devices yet, while managing to keep the price tags of the Galaxy S21 lineup. Reports from months ago indicated poor Galaxy S21 series sales and it appears Samsung is trying to remedy that, in part by offering a solid trade-in program for its new phones.
The Galaxy Z Fold3 is easily the most valuable device on the program, at US$900. The Galaxy S21 Ultra and iPhone 12 Pro Max follow at US$700, with the Galaxy Z Fold2, Galaxy Note 20 Ultra, and iPhone 12 Pro at US$600. Phones like the Galaxy Note 10+ 5G, Galaxy S21+, Galaxy S20 Ultra are all worth US$500, while the Galaxy Note 10+ and Galaxy S20+ get a US$450 valuation. The iPhone 11 Pro Max, iPhone 12, and Galaxy S21 sit between tiers at US$450.
Perhaps the most interesting device on the list is the Galaxy Z Flip3. While the Z Flip3 isn't as premium as the Galaxy Z Fold3, it still launched with an MSRP of US$999 less than six months ago—making its US$400 valuation quite the bitter pill to swallow for owners. That's even less than the two-year-old Galaxy S20+ which is valued at US$425.
Galaxy Z Flip3 shenanigans aside, the trade-in program for the Galaxy S22 series offers plenty of value. Galaxy Note 20 Ultra owners, for example, will be able to trade in their devices for the Galaxy S22 Ultra with just a US$599 bill left. That's a win.