BILLERICA, Mass.--(BUSINESS WIRE)--NextWorth Solutions, a leader in online and in-store electronics trade-in programs including NextWorth.com, suggests customers lock in prices now to get the best trade-in value for used Samsung Galaxy models. Announced at Mobile World Congress, the newest Samsung flagship smartphone models, Galaxy S6 and S6 Edge, will be available for purchase April 10. With NextWorth.com’s 30-Day PriceLock guarantee, customers can lock in trade-in prices starting today to ensure the best value when upgrading and send in their old devices once they receive the new Galaxy S6 or S6 Edge.
According to historical trade-in data collected by NextWorth, values for previous Galaxy models begin declining the day the newest model is announced and significantly drop once the new smartphone is available for purchase. When the Galaxy S5 was announced in Feb. 2014, the trade-in value for the previous Galaxy models S4 and S3 dropped as much as 15 percent before public availability, and by July dropped as much as 25 percent.
“Based on three years of trade-in activity, the best time to trade-in is now -- right after the announcement. We see values declining steadily, especially when the device first becomes available,” said Jeff Trachsel, CMO of NextWorth Solutions. “With public anticipation for this Samsung device higher than ever, we expect to see increased trade-in volumes over the next 30 days, so locking in the best price now guarantees the best value for our customers.”
Through a recent survey of its customers, NextWorth found that only 13 percent of respondents currently own the Samsung flagship phone, but 19 percent of the respondents plan to purchase Galaxy S6. The most appealing features revealed are longer battery life and wireless charging capability. The study found that while 59 percent of respondents traded in last time they bought a new phone, 76 percent plan to do so next time they purchase.
Whether customers choose to sell electronics online or opt for instant gratification in-store with NextWorth’s retail partners such as Target, NextWorth stays ahead of market trends to offer the best possible value. NextWorth accepts trade-ins online and in-store across a range of consumer electronics categories including smartphones, tablets, e-readers, video games and laptops, and always offers free shipping and multiple payment methods.
To get a quote for your trade-in or learn more, visit www.NextWorth.com.
NextWorth Solutions has defined, run and optimized trade-in programs for major retailers nationwide since 2006. The NextWorth Solutions team has more than 100 years of combined experience in the CE trade-in industry, and its unique combination of expertise, team and platform enables it to provide unparalleled trade-in support and experience to its partners, driving their key business objectives. Through the delivery of turnkey in-store and online trade-in platforms, NextWorth Solutions is fundamentally changing the way people buy, own and disown consumer electronics.