Samsung has announced a significant price reduction on its Galaxy Watch Ultra, marking the first major discount since the wearable’s release in July. The price cut of $145 brings the smartwatch’s cost down to $504.98. While still over $500, this substantial discount offers insight into potential Black Friday pricing strategies from the Korean tech giant.
Historically, Samsung has offered discounts on wearables when purchased as part of a bundle with a smartphone. However, the individual discount on the Galaxy Watch Ultra suggests a similar price reduction might be seen during the upcoming Black Friday sales. The $145 discount is accompanied by enhanced trade-in offers, with values up to $350 for newer smartwatches.
High trade-in values are reserved for recent models like the Galaxy Watch 5 Pro, Galaxy Watch 6, Apple Watch Ultra, and Apple Watch Ultra 2. While trading newer devices for other new ones is not recommended, there are notable trade-in prices for older wearables as well.
Samsung offers Galaxy Watch Ultra discount
For example:
– Apple Watch Series 6: $250
– Apple Watch Series 5: $200
– Samsung Galaxy Watch 4 Classic: $300
– Garmin Forerunner 255: $150
Additionally, Samsung is offering a flat $100 trade-in fee for any Fitbit, Fossil, or other smartwatch brands, regardless of their original purchase price. This may not seem favorable for those who paid a premium for their devices, but it reflects consumer valuation trends outside the major brands like Samsung, Apple, and Garmin. If you own a non-Samsung or Apple smartwatch, selling it on the secondary market could be worthwhile.
However, if the device is older than three years, finding a buyer may be challenging. Samsung’s trade-in page indicates they will pay $100 for any smartwatch in any condition, making it potentially beneficial to use an old or second-hand device to secure this extra discount. Despite these discounts, one accessory that remains at its original price is the Galaxy Ring.
Although some retailers, including Amazon, have offered discounts on certain sizes, Samsung has yet to reduce its price. Should Samsung decide to discount the Galaxy Ring, it could become one of the popular deals this Black Friday season. For those considering trading in their wearable devices, this latest offer from Samsung provides a valuable opportunity to upgrade their technology at a reduced cost.
April Isaacs is a news contributor for DevX.com She is long-term, self-proclaimed nerd. She loves all things tech and computers and still has her first Dreamcast system. It is lovingly named Joni, after Joni Mitchell.
