Samsung telephones are infamous for dropping in worth rapidly — the S20, for instance, went on sale for $200 beneath its MSRP inside weeks of its first launch. Maybe as a strategy to mitigate that actuality, Samsung has launched an unusual buy-back program for its personal retailer (through Droid Life) that provides clients 50 p.c of the worth of an S20-series cellphone if it’s returned inside two years.
That could possibly be a fairly nice deal given the same old marketplace for used Samsung telephones two years after their launch. A refurbished Galaxy S9, for instance, can simply be discovered on Amazon for below $270 proper now, although it price $720 upon launch. For those who’re shopping for a $1,400 128GB Galaxy S20 Extremely at present, then, the prospect of getting $700 again in 24 months most likely sounds interesting. The credit score is returned to whichever methodology you utilize to pay for the cellphone, so that you wouldn’t even essentially have to stay with Samsung at that time.
There are, after all, a few catches. It’s a must to return the cellphone in “passable situation,” which Samsung describes as being in full working order with out harm that goes “past regular put on and tear;” which means this deal won’t be a terrific concept for individuals who don’t preserve their cellphone in a case.
You’re additionally solely capable of apply one deal at a time, which could imply you pay extra upfront. The S20, for instance, is at the moment accessible from $799 with that $200 low cost, however you’ll be able to’t make use of the buy-back program except you pay the common $999 worth. (That does imply you’d get $499 again later, although.)
It’s one thing to contemplate in case you had been planning to choose up a brand new S20-series cellphone. So long as you retain it in good situation, this deal would possibly make extra sense than sifting by means of Craigslist provides in 2022.