The Z Flip 7 FE is the first foldable that Samsung has introduced in its “Fan Edition” line, which provides budget-friendly alternatives to the company’s flagship Galaxy phones. At $899, it’s not quite affordable enough to compete with Motorola’s Razr, which starts at $699, but it’s a lot cheaper than the standard $1,099 Z Flip 7 model.

If you buy a Galaxy Z Fold 7 or Z Flip 7 on myPlan, you can get a Galaxy Watch 8 and pay nothing for 36 months on a Verizon device payment plan. Or, get a Galaxy Watch 8 Classic for $5 a month for 36 months on a Verizon device payment plan.

The live Samsung Unpacked product launch event included the debut of all-new foldable phones. After spending time with each, here are my thoughts as a tech editor.