5 ms·

Where are you getting a $365 iPhone from?

by enjo 10y ago

fredleblanc 10y ago
At the end, there was a slide about the Apple iPhone upgrade program for $32/mo. That's just about $1 a day.
ceejayoz 10y ago
Reselling the older model, most likely.
deleted 10y ago
[deleted]
adt2bt 10y ago
$32/month for the unlocked iPhone every year program from Apple is $384/year, close to $1/day.
- p8donald 10y ago
  Does it mean you're just renting the phone?
  - mcphage 10y ago
    Not really; after 2 years you're done paying for it, and it's yours.
    - twblalock 10y ago
      It's actually a pretty good deal. It costs a little bit more than buying the phone outright on day 1, but you get to pay over time. If you trade in after only one year, you basically paid a dollar a day to rent the phone. But if you had bought one outright and sold it at the end of the year in order to buy the new model, you would not be a whole lot better off -- and you might have had to deal with potentially scummy eBay or Craigslist buyers.
      - mcphage 10y ago
        > It costs a little bit more than buying the phone outright on day 1, but you get to pay over time. And the cost difference is the same as the cost for Apple Care, which is included. So if you were going to sign up for that (which I have to do) you're already breaking even.
  - nilkn 10y ago
    My understanding is that you own it once it's paid off. So it's not a lease. It's more like they're loaning you the money and you're paying off the loan. The prices are not bad either. They seem to range from $32.41/month up to around $46/month for the most expensive possible model, which translates to about $1/day up to $1.40/day. It includes AppleCare as well.
deleted 10y ago
[deleted]
hatsix 10y ago
$700 new - $350 selling old one on Craigslist? I just looked up prices on CL, and it looks like the used-iPhone market is approaching saturation... The going rate for 1-year-old iPhones is 150-200.
- Karunamon 10y ago
  Craigslist in my experience is full of lowballers and hagglers (and objectively, zero safety for buyers/sellers). eBay probably has a more accurate picture of price for the average person.
twblalock 10y ago
The high resale value of Apple products means you only pay full price for the first one.
- kennell 10y ago
  If you don't break it, that is (or you run into issues after the warranty is over)
  - twblalock 10y ago
    Check out the high prices people are paying on eBay for iPhones and iPads with broken screens, or dead batteries, or which are locked (probably because they are stolen).

Where are you getting a $365 iPhone from?

by enjo 10y ago

Where are you getting a $365 iPhone from?

fredleblanc 10y ago

At the end, there was a slide about the Apple iPhone upgrade program for $32/mo. That's just about $1 a day.

ceejayoz 10y ago

Reselling the older model, most likely.

deleted 10y ago

[deleted]

adt2bt 10y ago

$32/month for the unlocked iPhone every year program from Apple is $384/year, close to $1/day.

p8donald 10y ago
Does it mean you're just renting the phone?
- mcphage 10y ago
  Not really; after 2 years you're done paying for it, and it's yours.
  - twblalock 10y ago
    It's actually a pretty good deal. It costs a little bit more than buying the phone outright on day 1, but you get to pay over time. If you trade in after only one year, you basically paid a dollar a day to rent the phone. But if you had bought one outright and sold it at the end of the year in order to buy the new model, you would not be a whole lot better off -- and you might have had to deal with potentially scummy eBay or Craigslist buyers.
    - mcphage 10y ago
      > It costs a little bit more than buying the phone outright on day 1, but you get to pay over time. And the cost difference is the same as the cost for Apple Care, which is included. So if you were going to sign up for that (which I have to do) you're already breaking even.
- nilkn 10y ago
  My understanding is that you own it once it's paid off. So it's not a lease. It's more like they're loaning you the money and you're paying off the loan. The prices are not bad either. They seem to range from $32.41/month up to around $46/month for the most expensive possible model, which translates to about $1/day up to $1.40/day. It includes AppleCare as well.

deleted 10y ago

[deleted]

hatsix 10y ago

$700 new - $350 selling old one on Craigslist? I just looked up prices on CL, and it looks like the used-iPhone market is approaching saturation... The going rate for 1-year-old iPhones is 150-200.

Karunamon 10y ago
Craigslist in my experience is full of lowballers and hagglers (and objectively, zero safety for buyers/sellers). eBay probably has a more accurate picture of price for the average person.

twblalock 10y ago

The high resale value of Apple products means you only pay full price for the first one.

kennell 10y ago
If you don't break it, that is (or you run into issues after the warranty is over)
- twblalock 10y ago
  Check out the high prices people are paying on eBay for iPhones and iPads with broken screens, or dead batteries, or which are locked (probably because they are stolen).