It's no surprise that the Galaxy S20 has gotten off to a slow start. Reviews for the Galaxy S20 Ultra haven't been great, and the expensive starting price with no budget option hasn't helped. Couple that with a current global pandemic, and, well, you don't have a recipe for success.
Samsung's solution? They'll give you 50% back on your Galaxy S20 if you trade it back in within two years.
Galaxy S20 buyback program
So how exactly does this work? Well, there are going to be catches, obviously, but the gist of it is that if you buy a Galaxy S20 and want to upgrade again within 24 months, you can give it back to Samsung who will then refund you 50% of the handset's full retail price. And yes, we mean refund: you get the money back however you paid, not with store credits or gift cards.
The phone can't be broken, obviously, and you can't buy it through a financing plan or with Samsung's upgrade program. Trade-in offers still apply to this program, though.
For right now, the Galaxy S20 line is the only family of phones eligible for this, so it won't work with your Galaxy S10 or Galaxy Note 10. Samsung says they'll look at expanding it, and the Galaxy Note 20 would be the obvious next phone, but nothing's set in stone yet.
With sluggish sales, Samsung's looking for anything to make the Galaxy S20 exciting. I don't know if agreeing to take the phone back and eating half the cost shows a ton of promise in people keeping those phones long term, but maybe it'll do a good job of convincing people to pull the trigger on it and bust this slump in the short-term.
Samsung buy-back FAQs
via: SamMobile
- What’s the difference between the different Galaxy S20 models?
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