• Samsung has launched its new Galaxy Note20 smartphone, and it is due to be in South Africa on 21 August.
  • But it's pricey. The base model costs R25,000. The top-end Ultra model is on pre-order for R36,000 cash.
  • For that money, there's quite a handsome selection of second-hand cars available right now, including a 2008 Dodge Caliber.
  • For more articles, go to www.BusinessInsider.co.za.

Samsung just launched its new Galaxy Note20 smartphone – and it’s pricey. Really, really pricey.

The company announced two models for the plus-sized phone: the Galaxy Note20 (in 4G and 5G variants) and the Galaxy Note20 Ultra, the one with all the bells and whistles.

The models will go on sale in South Africa on 21 August, and are already available for pre-order at outlets like Telkom and Vodacom.

Considering consumers everywhere are hard-hit by Covid-19 and the resulting economic damage, the phone has a pretty hefty pricetag. According to Samsung, the base model retails for R25,000 while the Ultra retails for an eye-watering R37,000.

Telkom currently has both models up for pre-order. The base 4G model will set you back R899 over 24 months, and you'll pay R1,399 per month over 24 months for the Ultra. For the Ultra, that’s a lifetime cost of R33,576, including a FreeMe 3GB contract from Telkom.

Takealot is offering them for pre-order at an astonishing R37,000. For comparison, the newest iPhone 11 Pro is currently on special for R24,000.

It's not just Takealot and Telkom. Though most of the other retailers Samsung lists as accepting pre-orders aren't displaying prices, online retailer Hi is also listing the Ultra at R37,000. Delivery is free.

A second-hand 2002 BMW 5 Series 525i Auto, with 150,000 km on the clock costs the same price. Or you can get a 2008 2.0 Dodge Caliber that has done 215,000 km.

Or, for the same money, you can buy a Mobicell Astro smartphone – one of the top smartphones in South Africa for under R1,000 – use it for a week, throw it away, buy a new one, and keep doing that for more than a year and a half.

So what do you get for the price of a second-hand car? Well, the cameras are really nice.

The Galaxy Note20 has a 64MP primary camera, with two 12MP lenses. The Note 20Ultra has a 108MP camera. That’s enough for filming in 8K resolution.

They also have really nice AMOLED displays. The Galaxy Note 20 has a 6.7-inch display while the Ultra has a 6.9-inch display.

If that doesn't appeal, you could always buy yourself a car.

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