While the Galaxy Z Flip 4 and Z Fold 4 are Samsung’s newest foldable phones, last year’s Galaxy Z Flip 3 and its lower price aim to steal some of the newer phones’ shiny appeal. Samsung plans to keep the Z Flip 3 around and drop the price tag by $100, bringing it down to $900 (£899). The Galaxy Z Fold 3, on the other hand, will be discontinued.

The price drop was revealed during Samsung’s Unpacked event on Wednesday, alongside announcements for the Galaxy Buds 2 Pro, the Galaxy Watch 5 and the Galaxy Watch 5 Pro, all of which will go on sale on Aug. 26. While the pricing did not get announced during the livestream, Samsung told CNET of the price cut.

In the hours that followed the announcement, some retailers have cut the price even further. At Amazon and Target, the Z Flip 3 is currently selling for $850, or $150 off the earlier list price. Trade-ins or carrier deals could lower that even further, but you should definitely compare similarly generous offers on the newer Z Flip 4 before committing to a purchase.

Read more: Galaxy Z Flip 4 Preorder: Where to Buy Samsung’s New Flip Phone

When the Galaxy Z Flip 3 launched in 2021, it hit a sweet spot that balanced price, premium features and improved durability. The fact that Samsung decided to keep it around to sell another year bodes well. At $1,000, it was the first foldable phone with mainstream appeal. The lower price makes it even more approachable for anyone who’s curious but wants to pay less.

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