How to steal a deal on an iPhone or Android smartphone

  | 
Team Clark is adamant that we will never write content influenced by or paid for by an advertiser. To support our work, we do make money from some links to companies and deals on our site. Learn more about our guarantee here.

MONEY-SAVING MOMENT: If you don’t mind not having state of the art technology, there’s a way for you to save big bucks on a smartphone.

We’re just weeks away from Apple’s announcement about their latest and greatest gadgets. That’s already been sucking life out of the iPhone 4 and the iPhone 4S, causing prices to drop in the marketplace. Sprint has discounted the iPhone 4S (with contract) down by $50, and Apple is matching that price at their stores.

We see the same pattern each time Apple rolls out new technology. Everybody fawns over the latest model and the old model is yesterday’s news that gets sold on discount.

For example, when the iPad 3 came out, the previous iteration was marked down to $359 — instead of $499 for a new iPad 3.

But the thing is, Apple products depreciate quicker than normal for electronics. Their customers want the latest and greatest, so the last generation gets really cheap. So if you’re tempted and don’t need the latest and greatest, why not wait several weeks and buy last generation on the cheap?

A friend of mine bought the last generation of the MacBook Air for $799. There wasn’t much difference between it and the entry level model of the new version that sells for $999. Except that he saved $200!  

On the Android side of the equation, it works slightly differently. There are now several websites competing to selling you Androids cheaper than the cell phone companies. These include WireFly.com and LetsTalk.com. In addition, Amazon is getting aggressive in this market too and may sell you an Android at half price compared to the cell phone company.

With the Android market, if you’ll wait just one month after a new model is introduced, that’s when you’re likely to get a cheaper price no matter where you shop.

This post was last modified on March 22, 2017 2:13 pm

Recent Posts

Fubo Drops Popular Channels Amid Dispute with Warner Bros. Discovery

If you're considering subscribing to Fubo, you need to be comfortable missing out on some…

3 hours ago

5 Things To Know About the Wells Fargo Signify Business Cash Card

Are you looking for a way to earn 2% back on every purchase you make…

9 hours ago

How Dividing Your Monthly Credit Card Payment Speeds Up Your Payoff Date

You're not alone if you're running a balance on your credit cards. Collectively, Americans are…

10 hours ago

5 Things You Should Re-Shop To Save Money

A big part of saving money comes down to knowing how to comparison shop. But…

1 day ago

What Are My Retirement Account Options if My Company Doesn’t Offer a 401(k)?

If you work for a big company as a full-time employee, chances are you have…

1 day ago

Peacock Price Hike: Prepare To Pay More for NBC’s Streaming Service

Are you a Peacock subscriber? You soon will have to pay more to watch NBCUniversal's…

2 days ago