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The Best iPhone Money Saving Tips

By Edited Jul 1, 2014 0 0

 

iPhones are big sellers, but they also have big price tags. The average Apple device is going to cost you a few hundred pounds. But in today's economy, we're all looking to save a little cash. If you want an iPhone and are on a budget, there are some ways that you can save money. And today we're giving you all our best iPhone money saving tips. So read on, and have a little more cash in your pocket at the end of the month...

iPhone SIM Only Deals Will Save You Money...

Okay, lots of people choose to get their iPhones on incentive contracts, the kinds of contracts from mobile operators that give you a free or low cost phone as well as a calling plan. However, that's not the greatest idea for saving money in the long term. Basically, the phone that you get isn't free or low cost at all, instead you'll be paying for it in instalments over your monthly phone bill. And the problem is that over the course of your contract you'll end up paying more than the retail cost of your iPhone. Signing iPhone SIM only deals and buying your own phone is way cheaper in the long run. iPhone SIM only deals will get you the calling plan that you need, as well as your micro SIM card, so that you'll have great service, but they'll also save you money.

If You Have to Sign an Incentive Contract...

Some people do need to sign an incentive contract, because they need a phone and they don't have enough cash to pay for one up front. If this is you, then the best deals on incentive contracts are going to be with older iPhone models. An iPhone 4 is one of the best incentive contract deals that you can get, because there's very little difference between the amount you pay on contract and the actual price of the phone. An iPhone 4S isn't quite as good a deal, but it's still better than the iPhone 5. Depending on your operator and the contract you choose you can end up paying around a hundred pounds more for an iPhone 5 on contract than you would buying it up front. Basically, the older the iPhone model that you choose, the better your deal is going to be.

Apple's Trade-In Programme...

One great way to save money on buying a new iPhone is to take advantage of Apple's trade in programme. If you've got an older model iPhone that you no longer need, then Apple will buy it from you. They give you store credit, not cash, which means that you'll have to buy your new iPhone direct from Apple though. How much you get depends on how old the iPhone is and what kind of condition it's in. But you can get a healthy amount of money to put towards your new device. You can find more info about the trade in programme on Apple's web site, or you can go to your local Apple store and ask for an estimate. This does only work with iPhones, Apple won't buy any other devices. If you've got another phone, some mobile operators also have trade in programmes, but you'll have to ask your provider what their deals are.

The Truth about Refurbished Phones...

The truth about refurbished phones is that they're one of the best deals out there. You can find refurbished iPhones on Apple's web site, and you stand to save a fair amount of money if you buy refurbished rather than brand new, although you'll be hard pressed to tell the difference between a brand new and refurbished iPhone. These are models that have been bought and returned, though they've rarely been used at all and they're usually returned just because the buyer changed his or her mind. Apple gives returned models a complete technical inspection, so you can be assured that there's nothing wrong with the phone. Plus, they'll get cleaned and rebooted as well. In look and functionality refurbished and new iPhones are identical. You even get the full two year Apple warranty on a refurbished model. The most common models are the iPhone 4S, although you can occasionally find an iPhone 5. Again, some mobile operators might carry refurbished models.

Reconditioned Phones are Different...

Another option with even bigger savings is to go for a reconditioned phone, and again these will be on Apple's web site. These are basically second hand phones, though there's less risk in buying reconditioned than there is in buying second hand. These might be rental phones that have been returned at the end of their lease period, or they might be phones that have been traded in using Apple's trade in programme. Wherever they came from, these phones will once again be completely technically tested by Apple before being resold. They'll be cleaned and rebooted, and they'll be given a software upgrade if they need one. If parts are worn or broken, they'll be replaced. Often the battery is replaced as well. You might see cosmetic faults on reconditioned phones, since they have been used, things like surface scratches, but the phone should be fully functional.

Regular Deals on New iPhones...

If you don't want to go refurbished or reconditioned and instead want a new iPhone, then you're not going to see such great savings. In general, you'll see better discounts more often on older models than top of the line. A good time to buy an iPhone is right after a new model has been released. The price of the second generation will drop dramatically when Apple announces a new iPhone, and depending on the new model you might not be sacrificing too many features by going with an older one. There is very little difference between the iPhone 4S and the iPhone 5, for example. Alternatively, the cheapest prices are usually found online, so try internet shopping. Or, if you want to buy from a high street retailer, then wait for a sale. It's best to avoid mobile operators, as their prices tend to be a little higher than the market average.

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