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 are you aware if it’s price the price of upgrading out of your present telephone? Do you have to look forward to iPhone 15 costs to come back down (as they finally will), purchase an older mannequin just like the iPhone 14 as a substitute, 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 Collection 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 out there beginning Sept. 22, however you may pre-order now. You may have two choices: purchase your telephone outright (from Apple, a cellphone supplier or one other retailer) or make month-to-month funds (usually over two years).
Shopping for an iPhone 15 from Apple
If you happen to purchase a telephone 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 cost 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 cost can be $79.09, for a complete of $1,898.26 over 24 months. If you happen to decide 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
If you happen to purchase a telephone by way of a cell service supplier, you seemingly gained’t pay curiosity (0% APR), however you’ll have to join a cell contract. You may additionally need to put down a part of the telephone 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 cost for any of the iPhone 15 collection telephones.
A few of these cellphone carriers provide upfront reductions of some hundred {dollars} if you happen to conform to return the telephone in two years. This can be a great possibility if you happen to change telephones each couple of years already.
What about Rogers’ new Equal Fee Plan?
For patrons who plan to purchase their telephone outright, with no month-to-month cell contract, Rogers just lately launched its Equal Fee 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 cost plans: 36 months (three years) or 48 months (4 years), and your funds might be as much as 50% smaller than if you happen to had a 24-month (two-year) cost plan. Word that that is not a reduction. Your new telephone 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 telephone?
The price of a brand new system might be costly, particularly if you happen to’re signing on to a cost plan that fees curiosity. And, in fact, you’ll have to issue within the month-to-month value of your cell plan. This might add one other $100 or so to your month-to-month invoice—possibly extra, relying on what options you select.
Be trustworthy with your self—does shopping for a brand new telephone make monetary sense? “The costs for all 4 of those new iPhones are effectively over $1,000,” says Amber MacArthur, a Canadian tech skilled, podcaster and creator. “For lots of people, that’s a fairly steep funding.”
