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April 1, 2020 08:23 am

Samsung offers 50-percent buy-back guarantee on the Galaxy S20

Photo by Brennan King / The Verge

Samsung phones are notorious for dropping in price quickly — the S20, for example, went on sale for $200 below its MSRP within weeks of its first release. Perhaps as a way to mitigate that reality, Samsung has introduced an unusual buy-back program for its own store (via Droid Life) that gives customers 50 percent of the value of an S20-series phone if it’s returned within two years.

That could be a pretty great deal given the usual market for used Samsung phones two years after their launch. A refurbished Galaxy S9, for example, can easily be found on Amazon for under $270 right now, though it cost $720 upon release. If you’re buying a $1,400 128GB Galaxy S20 Ultra today, then, the prospect of getting $700 back in 24 months probably...

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