Many cell phone carriers also offer trade-in options and installment plans — ask your carrier for more details.
2. Save on older models
Getting one of the latest iPhones isn’t the only way you can score a new Apple device. After all, you could pick the iPhone 7 instead. And before you say that it’s no fun to have last year’s model, here’s why you might want to consider it: Apple has lowered prices on its older iPhones with the announcement of the new models.
Past generation phones are much more affordable than the X’s starting price of $999. The iPhone 7 now starts at $549 (down from $649), and the 7 Plus starts at $669 (down from $769).
Considering an even earlier model? The iPhone 6S starts at $449 (down from $549), and the 6S Plus starts at $549 (down from $649). And the iPhone SE starts at $349 (down from $399).
You can also purchase a pre-owned iPhone at a discount on sites such as Gazelle, Swappa and Decluttr.
3. Wait it out — bolster your savings
You can buck the new technology trend and stick with your current device. Put the money you would have spent on an iPhone toward a financial goal, such as building your emergency fund or saving up for a vacation.
Or wait it out for a while. Wireless carriers offer some of their biggest promotions around Black Friday and the holidays, so you might have an incentive to buy later.
But you don’t have to decide anything right away. You may want to consider upgrading to a new phone when it makes sense for your financial situation — not when everyone else is getting one.