The Galaxy Z Fold 7 can be bought through Samsung’s new trade-in scheme.
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.
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.
- 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)
These Are Not Samsung’s Best Trade-In Prices
The Samsung Galaxy Z Fold7 smartphone is displayed at a Samsung store in Seoul on July 10, 2025. … More
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.
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