Samsung is looking to boost sales of the Galaxy S20 series, by promising to buy the phones back after a couple of years, at an above market rate.

Amid slumping smartphone sales due to the coronavirus pandemic, Samsung is promising users 50% of the retail price, if they return an S20 handset within 24 months.

If you want to keep the phone for two years before cashing in, Samsung will guarantee you a decent price at the end of the period, provided you keep the phone in “satisfactory” condition.

The phone will have to be bought from Samsung.com or the Shop Samsung app in order to be applicable to the program, and buyers will have to opt-in at the point of purchase.

So, if you buy a Galaxy S20 Ultra 5G 512GB, you can get $799.99 back, whereas if you’ll be guaranteed $499.99 if you keep…

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