1. Buy Refurbished Smartphones
One of the most effective ways to save on top brand smartphones is to consider buying refurbished models. Refurbished smartphones are used phones that have been restored to their original condition by the manufacturer or a certified dealer. They are thoroughly tested, cleaned, and repaired if necessary, and they often come with a warranty. According to a report by Counterpoint Research, the global market for refurbished smartphones grew 13% year on year in 2017, reaching close to 140 million units. This indicates a growing acceptance of refurbished smartphones among consumers.
2. Trade-In Your Old Phone
Many smartphone manufacturers and retailers offer trade-in programs that allow you to exchange your old phone for a discount on a new one. For instance, Apple’s Trade In program lets you trade in your eligible device for credit toward your next purchase, or get an Apple Store Gift Card you can use anytime. The value of your trade-in will depend on the model and condition of your old phone.
3. Wait for Sales
Another effective way to save on top brand smartphones is to wait for sales. Most smartphone manufacturers and retailers offer significant discounts during major sales events such as Black Friday, Cyber Monday, and Amazon Prime Day. According to Adobe Analytics, consumers saved an average of 16% on tech products during Black Friday 2019.
4. Buy Last Year’s Model
When a new smartphone model is released, the previous model often sees a significant price drop. This is a great opportunity to get a top brand smartphone at a discounted price. For example, when the iPhone 12 was released in October 2020, the price of the iPhone 11 dropped by about $100.
5. Consider Lesser-Known Brands
While brands like Apple and Samsung dominate the smartphone market, there are many lesser-known brands that offer high-quality smartphones at a fraction of the price. Brands like Xiaomi, OnePlus, and Realme have gained a reputation for offering feature-packed smartphones at competitive prices.
6. Use Price Comparison Tools
Price comparison tools can help you find the best deals on top brand smartphones. Websites like PriceSpy, PriceRunner, and Google Shopping allow you to compare prices from different retailers to ensure you’re getting the best deal.
Related Saving Tips
In conclusion, there are many ways to save on top brand smartphones. Whether you choose to buy a refurbished model, trade in your old phone, wait for sales, buy last year’s model, consider lesser-known brands, or use price comparison tools, you can significantly reduce the cost of your next smartphone. Remember, the most important thing is to choose a phone that fits your needs and budget.