The Samsung Galaxy Z Fold 3 is $600 off - but is it worth it with the Fold 4 out soon?

Lowest Price banner with Samsung Galaxy Z Fold 3 open closed and with pen

(Image credit: Future)

The Samsung Galaxy Z Fold 3 is normally $1,800, but a deal today on Amazon drops that price to $1,200 – that's the lowest price we’ve seen since this phone was introduced last August. But, with new folding phones from Samsung on the way, is it a good idea to buy the Galaxy Z Fold 3 today even with a massive $600 discount?

Yes, definitely. Even if we are certain that the Samsung Galaxy Z Fold 4 will be introduced at the Samsung Unpacked event later this week, we don't expect the price of the Samsung Galaxy Z Fold 3 to drop by quite this much again – at least not any time soon.

Just looking to the past, the Samsung Galaxy Z Fold 2 was $1,400 before the Z Fold 3 was announced. It dropped in price by $200 shortly before the next launch, then dropped again by another $300 a month or so after the Z Fold 3 was launched. In other words, in the past year, the Galaxy Z Fold 2 has only dropped $500 in price, so a $600 discount on the more recent model is a great deal in comparison.

Lowest price for the Samsung Galaxy Z Fold 3

The other reason this is a good Samsung Galaxy Z Fold 3 deal is that we don’t expect massive changes in the upcoming Samsung Galaxy Z Fold 4. Sure it will be improved – and that usually means a thinner, lighter and faster handset. Still, there have been extensive leaks of the device, and we don’t see any significant improvements to the features or the design.

The Galaxy Z Fold 3 is a great phone today and it will remain a great phone tomorrow, no matter what Samsung announces. Rumors suggest that the Samsung Galaxy Z Fold 4 could be the same price, around $1,800 new, though we’re still holding out hope for something cheaper.

It is unlikely Samsung would ever drop the price of the older Galaxy Z Fold 3 much lower than $1,200. That would compete directly with the new Samsung Galaxy Z Flip 4, which should start around $1,000. While the two phones are vastly different in size and capability, Samsung Galaxy Z Flip 4 buyers might not think the phone is worth $1,000 if last year’s Galaxy Z Fold 3 costs the same.

Starting more than 20 years ago at eTown.com. Philip Berne has written for Engadget, The Verge, PC Mag, Digital Trends, Slashgear, TechRadar, AndroidCentral, and was Editor-in-Chief of the sadly-defunct infoSync. Phil holds an entirely useful M.A. in Cultural Theory from Carnegie Mellon University. He sang in numerous college a cappella groups.

Phil did a stint at Samsung Mobile, leading reviews for the PR team and writing crisis communications until he left in 2017. He worked at an Apple Store near Boston, MA, at the height of iPod popularity. Phil is certified in Google AI Essentials. His passion is the democratizing power of mobile technology. Before AI came along he was totally sure the next big thing would be something we wear on our faces.