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Samsung Extends Credit Term for Five Years to Consumers Purchasing Galaxy Z Fold 7

Samsung unveils a 5-year credit option for Galaxy Z Fold 7 purchasers, reducing the financial barrier and making its foldable premium device more economical through manageable monthly installments and adaptable financing terms.

Samsung Introduces 5-Year Credit Scheme for Galaxy Z Fold 7 Purchasers
Samsung Introduces 5-Year Credit Scheme for Galaxy Z Fold 7 Purchasers

Samsung Extends Credit Term for Five Years to Consumers Purchasing Galaxy Z Fold 7

In the world of technology, upgrading to the latest smartphones can be a costly affair. However, both Samsung and Apple have introduced trade-in programs to help lighten the financial burden for customers.

Samsung has launched a new trade-in program in the UK, offering store credit for old phones regardless of purchasing a new device immediately. This program accepts more brands like Xiaomi, Realme, Oppo, Sony, and others for trade-in and purchase of new phones.

In the US, the trade-in values for Samsung phones under their new program offer varying discounts depending on the model traded in and the phone bought. For instance, the Galaxy S24 Ultra, priced at $800, can be had for as low as $400 with a trade-in. The Galaxy S23 Ultra, which retails at £340 ($457) in the UK, is being offered at $500 in the US. The Galaxy S22 Ultra, originally priced at $1,200, is now available for $400 with a trade-in.

Samsung is also offering incentives for those trading in their Galaxy Note 20 Ultra, the Pixel 7 Pro, and the Pixel 8 Pro. The Galaxy Note 20 Ultra, priced at £181 ($243) in the UK, can be traded in for $600 in the US. The Pixel 7 Pro, priced at £110 ($148) in the UK, is being offered $150 by Samsung in the US. The Pixel 8 Pro, priced at £256 ($344) in the UK, is being offered $250 by Samsung in the US.

On the other hand, Apple phones are getting higher trade-in values under this new program. The iPhone 13 Pro Max, originally priced at £230 ($310) in the UK, now fetches £335 ($450) with a trade-in. The iPhone 14 Pro Max, priced at £455 ($611) in the UK, is also seeing an increase in trade-in value.

However, it's worth noting that the trade-in values for Samsung phones are lower than past offers under the latest plan. For example, the Galaxy S24 Ultra, which was previously priced at £581 ($784) in the UK, is now available for £453 ($609) with a trade-in. Similarly, the Galaxy S23 Ultra, which was priced at £449 ($449) in the UK, is now available for £340 ($457) with a trade-in.

Store credit received from the trade-in program can be used on anything Samsung sells and remains valid for up to five years. This means that even if you don't buy a new phone immediately, you can save the credit for a future purchase.

In the US, Samsung is currently offering $900 for a Galaxy Z Fold 5. This could be a significant incentive for those looking to upgrade to Samsung's latest foldable device.

In summary, both Samsung and Apple are offering trade-in deals on their latest devices, providing customers with the opportunity to save on their upgrades. However, it's essential to compare the trade-in values across different brands and models to make the most informed decision.

Food and health are aspects that often take a backseat when people prioritize technology and finance. However, it's crucial to remember the importance of maintaining a balanced diet and regular exercise to ensure good health.

While upgrading to the latest technology can save you money through trade-in programs, it's also essential to weigh the financial benefits against potential health costs from an unbalanced lifestyle.

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