How to Save Money When Buying an iPhone

Having a new iPhone always comes with a price, and a high one at that. Since it first appeared on the market, the iPhone was far from affordable, and it still isn’t. But the main reason it’s so expensive is its exceptional and one-of-a-kind components and premium technologies. 

Whatsmore, Apple designs and engineers all its hardware and software, and by knowing this, it’s more than normal that iPhone models would be expensive. However, there is a chance for you to bring that cost down. That way, you’ll get the best of both worlds, which is enjoying the iPhone’s amazing features without breaking the bank. 

What Is the Cheapest Way to Buy an iPhone?

Buy an Older Model

holding 2 iphones in hands

Having a brand-new iPhone is exciting and tempting without a doubt, but if money is an issue, you should really think wisely. Instead of buying the latest model and staying broke, you can invest in an older one that has features that are still current, has good software support and works impeccably. The easiest way to buy an Apple cheap iPhone is to wait for their newest model (which usually comes out in autumn) and buy the previous one for less.

Buy a Refurbished Phone

When owning a brand-new phone is out of reach and you still want to own the latest model, you can always invest in a refurbished iPhone. As long as you buy it from a trustworthy and reputable store, you can have peace of mind that the chosen model will run like brand new. By choosing to buy a refurbished iPhone, you can even have the newest model, which is a cost-effective way of having your new phone. 

The best of all about buying a refurbished phone is that your chosen Apple cheap iPhone will be fully-functioning without any fault. Although some of the reasons why these phones are returned are because of some tiny malfunctions, a huge number of them are sold as refurbished because the owner has decided to buy another phone. 

Given the fact that you’ll buy it from a trusted store, the phone would probably come with at least a 12-months warranty which is another proof of the phones’ quality. Usually, prior to their market release, these phones undergo numerous tests, so the technicians could be sure that they are in impeccable condition. 

In other words, it’s almost impossible for these stores to sell scam products, however, malfunction may appear from time to time just like with a brand new phone, because of which all of these phones come with a warranty. That way, you can be sure that if anything happens, you can return the phone and have a new one. All in all, this is a really good way for buying an iPhone, even the newest model while still saving on money.

Wait for Discounts

If you want to save much more, you can also wait for promotions or discounts which are also common on refurbished phones. By doing this you’ll save much more even without compromising on the model of iPhone you want to buy. Usually, huge discounts and promotions come during the holiday and pre-holiday seasons like Black Friday, Thanksgiving and Christmas time. So, take your time, be patient and get the best of those discounts. Even if the phone isn’t refurbished (which it’s better to be because of the lower price), still, you’ll benefit a lot by buying it when discounted.

Sell/Trade Your Older Phone

Reselling or trading in your current phone is also an option to save money on buying a newer iPhone model. If you already have an iPhone, you can take it directly to an Apple store and have it estimated/examined. They’ll give you a price for the phone and if it’s okay for you, you can change it to a newer model. Or, you can have it estimated and sell it to a friend or to a store that sells refurbished phones. Either way, you’ll benefit since you’ll pay much less for an iPhone model you like.

Choose a Payment Plan

In case you cannot afford to buy a new phone even if an older model, you can always consider paying it in monthly instalments. Nowadays, almost all stores can provide you with numerous monthly payment plans, giving you the opportunity to choose the plan that will best meet your budget. The best of all is that even stores that sell refurbished phones allow paying in monthly instalments. This possibility makes buying an iPhone really easy and cost-effective. So, whatever your plan and the store from which you’ll buy the phone, make sure it’s trusted and reliable.

The one thing you should be aware of when wanting to buy a cheap iPhone is to examine the phone. Look closely for any physical damages and test it to ensure its features and functionality. Always look for a phone that comes with a warranty and never miss to consult with someone who has more experience in buying second-hand or refurbished phones. And by all means, invest in a quality case in order to keep your phone safe and sound all the time. 

Aiden Jones

Aiden Jones is an Australian student and a freelance writer. When not studying, Aiden spends time reading about different industrial equipment, information technology (computers and networking) and sports. With his elegant writing, Aiden enriches readers with his personal perspective and never steers away from the hard truth.