How a lot is the iPhone 15?
If you’d like an iPhone 15, brace your self—these top-of-the-line telephones include sky-high costs:
- iPhone 15: begins at $1,129
- iPhone 15 Plus: begins at $1,229
- iPhone 15 Professional: begins at $1,449
- iPhone 15 Professional Max: begins at $1,749
How have you learnt if it’s price the price of upgrading out of your present cellphone? Do you have to watch for iPhone 15 costs to come back down (as they finally will), purchase an older mannequin just like the iPhone 14 as an alternative, or make the leap and get the most recent know-how ASAP?
The brief reply is that it will depend on your funds, preferences and different components. Right here’s what to think about before you purchase the most recent iPhone.
Introducing iPhone 15 Professional, iPhone 15, Apple Watch Sequence 9, and Apple Watch Extremely 2. All that and extra information from the #AppleEvent.
— Apple (@Apple) September 12, 2023
How are you going to purchase the iPhone 15 collection?
The iPhone 15 collection might be obtainable beginning Sept. 22, however you possibly can pre-order now. You’ve gotten two choices: purchase your cellphone outright (from Apple, a cellphone supplier or one other retailer) or make month-to-month funds (sometimes over two years).
Shopping for an iPhone 15 from Apple
In case you purchase a cellphone immediately from Apple and go for month-to-month funds, you’ll pay curiosity at 7.99% over 24 months. For an iPhone 15, the month-to-month fee together with curiosity can be $51.05, for a complete of $1,225.35 over 24 months. For the priciest mannequin, the iPhone 15 Professional Max, the month-to-month fee can be $79.09, for a complete of $1,898.26 over 24 months. In case you choose to improve the storage and/or add AppleCare+ protection, your month-to-month value will go up.
Shopping for an iPhone 15 from a cellphone service
In case you purchase a cellphone by way of a cell service supplier, you possible received’t pay curiosity (0% APR), however you’ll have to join a cellular contract. You may additionally need to put down a part of the cellphone value upfront, relying on the supplier. For instance, Fido requires $690 down for the iPhone 15 (and extra for the opposite fashions), whereas Rogers, Bell and Telus require no upfront fee for any of the iPhone 15 collection telephones.
A few of these cellphone carriers provide upfront reductions of some hundred {dollars} for those who conform to return the cellphone in two years. This can be a very good choice for those who change telephones each couple of years already.
What about Rogers’ new Equal Cost Plan?
For patrons who plan to purchase their cellphone outright, with no month-to-month cellular contract, Rogers just lately launched its Equal Cost Plan—a cellphone financing plan with no curiosity charged so long as you make the funds on time.
To be eligible, it’s important to pay for the system utilizing a Rogers Financial institution bank card (just like the Rogers Mastercard) at a Rogers, Fido or Shaw branded retailer. You possibly can select from two fee plans: 36 months (three years) or 48 months (4 years), and your funds might be as much as 50% smaller than for those who had a 24-month (two-year) fee plan. Word that that is not a reduction. Your new cellphone will nonetheless value the identical, however you get extra time to pay it again. You even have the choice to repay the debt in full any time.
Are you able to afford to improve your cellphone?
The price of a brand new system might be costly, particularly for those who’re signing on to a fee plan that expenses curiosity. And, after all, you’ll have to issue within the month-to-month value of your cellular plan. This might add one other $100 or so to your month-to-month invoice—perhaps extra, relying on what options you select.
Be sincere with your self—does shopping for a brand new cellphone make monetary sense? “The costs for all 4 of those new iPhones are properly over $1,000,” says Amber MacArthur, a Canadian tech skilled, podcaster and writer. “For lots of people, that’s a fairly steep funding.”
