Trade-ins have made Samsung’s past few flagship phones very attractive for deal-hunters, but the launch of the Galaxy S23 series is different. While they’re still better than others, Samsung has drastically lowered trade-in values.

The Galaxy S22 series as well as last year’s Samsung foldables, Galaxy Z Fold 4 and Flip 4, were all available through with tremendous trade-in deals. The Galaxy S22 series was offering up to $1,000 towards an S22 Ultra for the prior year’s S21 Ultra, just $200 less than the phone’s original price. That’s a deal Samsung mirrored for the Galaxy Z Fold 4. With the Galaxy Z Flip 4, trade-in values were so good that Samsung had to lower the values after a few days because so many Flip 3 owners were upgrading for as little as $100.

But with the Galaxy S23 series, trade-in values are capped at $500. Trading in a Galaxy S22 Ultra won’t even get you enough to pay for a base Galaxy S23. And even the Galaxy Z Fold 4, a $1,799 smartphone released just in August of last year, is only worth $750 to Samsung’s trade-in tool this time around.

We’ve picked out a few key values below.

Samsung Galaxy S23 Trade-in Values To Galaxy S23/+ To Galaxy S23 Ultra
Galaxy S22 Ultra $400 $500
Galaxy S22 $250 $300
Galaxy Z Fold 4 $700 $750
Galaxy Z Flip 4 $350 $400
Galaxy Z Fold 3 $390 $490
Galaxy Z Flip 3 $210 $320
Galaxy S21 Ultra $330 $380
Galaxy S21 $200 $250
Galaxy S20 Ultra $220 $270
Galaxy S20 $160 $220
Galaxy S10 $130 $150

Of course, it’s not like this isn’t a good deal anyway. While slashed compared to last time around, $500 is still the best trade-in value you’ll get for an unlocked device without looking at carrier offers. Best Buy, for instance, maxes out around $400 for Galaxy S23 trade-ins. Plus, Samsung is offering $100 in extra credit towards accessories and other devices with your pre-order, which is nice.

However, the real kicker for some folks might be that, as seems to be tradition at this point, is struggling to hold up for the Galaxy S23 launch. The site has been slow to load and unable to properly complete orders. In many cases, the site won’t even allow customers to add their new phone to the cart.

Pre-orders for the Galaxy S23 series are thankfully open through February 16, though, so if you’re eager to get your hands on Samsung’s latest you’ll still be able to take advantage of the available bonuses. If you order through our link, you’ll also get an extra $50 in credit to use towards accessories on top of the $100 Samsung is already offering.

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Ben Schoon

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