The pre-order period of Samsung's latest flip foldable phone, the Galaxy Z Flip 7, is going to end this week. Samsung typically offers some of the highest trade-in values for old phones when it's taking pre-orders.

If you've been meaning to pick up this device, it would be best to consider taking advantage of the high trade-in values on offer right now to save up to 70% on your new Galaxy Z Flip 7.

Samsung is giving all customers a free storage upgrade during the pre-order period, no strings attached. So when you pay $1099, you get the 512GB variant instead of the 256GB, which saves you $120.

The highest trade-in values are available on several Galaxy devices that are up to three years old. For example, if you trade a Galaxy Z Flip 6 or Z Fold 6, you'll get $600 knocked off the total. A Galaxy S25+ nets you $560.

The Galaxy S24 Ultra, Galaxy Z Flip 5 and Fold 5 give $500 in credit, whereas Galaxy S25 gets you $430. You can also save $400 when trading in a Galaxy S24+, Z Fold 4, Z Flip 4, Note 20 Ultra , and the Galaxy S23 Ultra.

There are many other Galaxy devices that felt trade-in values ranging all the way down to $50, but these are some of the best rates for the older generation devices.

If you were to max out the credit by trading in a Galaxy Z Flip 7, your cost to buy a Galaxy Z Flip 7 would just be $399. That's a nearly 70% discount on the full retail price when accounting for the free storage upgrade as well.

Check out the phone's listing on Samsung's online store for precise values of all Galaxy devices eligible for trade-in. Remember, these high values are only available for a limited time so act now!