Fossil made headlines this week by announcing the end of its smartwatch endeavors, revealing no plans for new releases. Although existing smartwatches will receive updates for a few more years, Fossil users exploring newer options now have an attractive opportunity to trade in their devices for Google’s Pixel Watch 2.
Unlike traditional watches that tend to retain value, smartwatches have struggled in the secondhand market. Until recently, trade-in options for Android smartwatches were scarce, primarily dominated by the Apple Watch. However, the tide is turning, with Samsung’s Galaxy Watch models gaining some trade-in value, and the Google Store accepting smartwatch trade-ins, coinciding with the launch of the Pixel Watch 2.
Best Buy has emerged as a versatile platform for smartwatch trade-ins, accepting devices from various brands like Apple, Fitbit, Garmin, Samsung, and now Fossil.
For those eyeing the Pixel Watch 2 or other smartwatches, Best Buy offers trade-in values of up to $140 for select Fossil smartwatches. The program covers specific Gen 5 and Gen 6 models, with trade-in values varying based on the model. Best Buy also extends the program to certain models from Michael Kors and Kate Spade.
As of January 29, 2023, here are the trade-in values for select Fossil smartwatches. It’s important to note that the included band can impact the trade-in value, and users are advised to check the latest values as they may change.
While the duration of these trade-in values remains uncertain, they often surpass the prices achievable through private sales of Fossil smartwatches. Transitioning to a Pixel Watch 2 or Galaxy Watch 6 stands out as a favorable option, with most smartwatches sold by Best Buy eligible for trade-ins.