Amazon Slashes Samsung Galaxy S24 Ultra In New Prime Day Deal

by · Forbes
Samsung is exhibiting the Galaxy S24+ camera, the latest top-tier smartphone developed by the South ... [+] Korean multinational conglomerate, in its signature Cobalt Violet color at the Mobile World Congress 2024 in Barcelona, Spain, on April 2, 2024. (Photo by Joan Cros/NurPhoto via Getty Images)NurPhoto via Getty Images

Amazon is fighting an uphill battle competing with Samsung’s current Galaxy phone deals, which include hundreds of dollars off 2024 handsets and enhanced trade-in prices.

However, the retailer’s Prime Day deals offer some solid savings for Samsung shoppers that are worth looking at, with surprisingly high price drops for the latest Galaxy S24 range.

Below are the best deals I could find for Samsung Galaxy phones. Don't forget to check out Amazon's Google Pixel prime day deals here.

  • Samsung Galaxy S24 base mode, 25% off - $599.99
  • Samsung Galaxy S24 Plus, 25% off - $749.99
  • Samsung Galaxy S24 Ultra, 22% off - $1,012.14
  • Samsung Galaxy S23 FE, 17% off - $499
  • Samsung Galaxy S23 Ultra, 6% off - $805
  • Samsung Galaxy Z Flip 5, 29% off - $799.99

These are good deals when compared to Samsung’s pricing. For example, the base Galaxy S24 will set you back $799 if bought directly from the Korean company, which is a huge $200 difference. Amazon’s offer is also $250 cheaper for the Galaxy S24 Plus and $287.85 less for the Galaxy S24 Ultra.

That doesn’t tell the full story, however because Samsung’s trade-in prices bring those upfront device costs down dramatically.

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When buying the Galaxy S24 Ultra, the most recent Galaxy phone Amazon will accept for trade-in is the Galaxy S21 Ultra, which it priced at $135. Samsung values the exact same handset at $600. A mind-bogglingly large gap in valuation between the two companies.

It’s the same for all other handsets Amazon and Samsung will accept for trade-in. The Galaxy S20 Ultra is priced at $100 by Amazon, whereas Samsung will give you $400 for it. Amazon will refund traders $225 for the Apple iPhone 12 Pro Max, while Samsung will pay $350 for it.

If you’re hunting for a new Samsung phone and you have something—anything—to trade in, buying directly from Samsung is likely the better option. Just make sure you check the trade-in prices before you pull the trigger. If you don’t have an old phone to hand over, Amazon prices are genuinely impressive and worth taking a look at.