Upgrade expensive phones!
the main points
- Trading in your old phone can give you a decent credit to buy a new iPhone 14.
- Getting a model with a smaller screen or less storage space can lower the price.
- Buying an expensive iPhone might be enough to earn you a credit card sign-up bonus, giving you $200 in cash.
It’s September, which means Halloween supplies are hitting the shelves, pumpkin lattes are back — and new iPhones have been announced. That’s right, the iPhone 14 has been officially announced!
While you won’t be able to start playing with the new models until October, you Can Pre-order now to make sure you’re one of the first. Of course, if you’ve already shrugged off the idea of having the latest iPhone in your hands, you’ve probably already seen the four-figure price tags of many sporty options this season.
As many of us are already dealing with spiraling inflation and housing, savings accounts are narrowing. But while there aren’t any amazing pre-order discounts to take advantage of, there are still some ways to save on pre-ordering the new iPhone 14.
1. Trade in your old phone
The best way to get a bargain on a new iPhone 14 is to trade in another one. Whether you have an older iPhone model, a late model from Samsung, or a relatively recent Google Pixel, you can trade it in for Apple to get a discount on your iPhone 14 on pre-order.
The phone must be in good condition to get the full replacement value. An iPhone 13 Pro in good condition will earn up to $720, while a device with a cracked screen will cost $280. Plus, the older the phone, the less you get. You can trade in iPhones even back to the iPhone 7 — but they’ll only get you $40, if they’re in good shape.
2. Choose a smaller screen
The first choice you’ll make when pre-ordering a new iPhone 14 is which model you’ll get. If you want all the new bells and whistles, your options are between the iPhone 14 Pro and iPhone 14 Pro Max. The only difference? Screen size – and $100.
Both the Pro and Pro Max have an upgraded camera system, the latest software (including the much-touted Dynamic Island) and an A16 Bionic chip. But the Pro has a 6.1-inch screen, while the Pro Max has a 6.7-inch screen.
If you can live with a slightly smaller screen, you can save $100 on buying the larger Pro Max. Basically, you pay 9% less for a 9% smaller screen. Seems like a fair trade.
3. Choose less storage space
Love it or hate it, the current trend of modern smartphones is to skip the SD card in favor of outright buying a phone with more storage. Of course, the more storage you want, the more you pay.
An iPhone 14 Pro with 128GB of storage will cost you $999, while one with 1TB of storage will cost you $1,499. If you know you won’t be loading your phone with media, choosing the smaller storage option can save you a significant amount of money.
4. Get a phone locked by your carrier
When you buy the new iPhone 14 from Apple, you can choose between a fully unlocked phone — one that can connect to any carrier — or one locked to one of four carriers: AT&T, Sprint, T-Mobile or Verizon. Only locked phones can be used with this carrier.
There is no difference in price no matter which carrier option you choose for your iPhone 14 Pro and Pro Max. But if you’re looking to pre-order a cheaper iPhone 14 or iPhone 14 Plus, getting an unlocked phone from Apple will cost you an extra $30.
For example, the base model iPhone 14 Plus is priced at $899 from four carriers, but $929 if you choose the “Call any carrier later” option. If you’re a carrier loyalist and know you’re not going to be making the switch anytime soon, choosing a locked phone can lower your purchase cost a bit.
5. Use it to earn sign up bonus
Perhaps this is a funky savings option, but a credit card sign-up bonus can definitely be a powerful way to get some cash back on your iPhone purchase. How it works? basic:
Sign up for a new cashback that rewards a credit card with a good sign up bonus. (Ideally, choose one with no annual fee.) Then use your new card to buy an iPhone 14. Depending on your spending requirements—and the iPhone model you’re buying—your purchase alone can earn the reward. (If you need to spend more, buy gas or groceries.)
And that’s all it takes. You can easily find $200 reward cards for spending $1,000 in the first 3 months. This means that the new iPhone Pro Max can earn you a bonus of $200 in a single transaction.
Even better, most cash back rewards cards these days also come with an upfront offer of 0% APR. This means that you can pay off your iPhone over a few months without worrying about interest And the They are still earning rewards And the Registration bonus. This is a win for both sides!
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