Connect with us

Hi, what are you looking for?

TopMarketReports.comTopMarketReports.com

Tech News

Samsung announces more flexible trade-in program, no purchase required

Samsung S23 in cream, S23 Plus in lavender, and S23 Ultra in green side by side on a table with back facing up.
The Galaxy S23 phones are the most recent in its flagship line currently eligible for trade-in. | Photo by Allison Johnson / The Verge

Samsung has announced a change to its Galaxy Trade-In program that allows consumers to trade in select Galaxy smartphone models to the company year-round, without the need to make a new purchase at the same time.

The new program is set to start today in South Korea and France, with other markets to follow later in 2025. The company says that its aim is to “boost the value of Galaxy devices” in the long-term by providing “amazing savings” through the trade-in process.

There are two key changes to the program, which will be operated by insurance and repair company Likewize. The main change is the purchase requirement: before this policy shift, trade-ins to the company have required a new purchase from samsung.com or the company’s app, with the option to start a trade-in only appearing during the checkout process.

The second change is “year-round” availability. Trade-ins are already available at any time in the US and most other Western markets, but in South Korea they’ve previously been locked to specific windows — usually just after major new product launches like next week’s S25 reveal, for example.

There’s still one big limit to the scheme however: you can only trade in specific Samsung flagship phones. Right now, that’s limited to the Galaxy S20 series through to the S23, and foldables from the Z Flip 3 and Z Fold 3 through to the Z Flip 5 and Z Fold 5. Curiously, last year’s Galaxy S24 and Z Flip/Fold 6 aren’t included, so you can’t sell anything too recent.

You May Also Like

Tech News

Photo by Amelia Holowaty Krales / The Verge Apple’s ability to sell the Watch Series 9 and Ultra 2 in the US is in...

Tech News

People loved uploading videos from their iPhone Camera Roll directly to YouTube. | Image: The Verge The “IMG_0001” website features a frame with an...

Editor's Pick

Join Tony as he walks you through a Macro Market outlook, where he shares his top bearish and bullish options trading ideas, These include...

Editor's Pick

(This is an excerpt from the subscriber-only DP Weekly Wrap for Friday) On Friday, the Biotechnology ETF (IBB) 20-day EMA crossed down through the...