Should you wait for the next iPhone?


WhistleOut
20 July 2015

The announcement of a new iPhone model is expected in early September, and with it an important decisions for fans of Apple smartphones: should you bother waiting for the latest model?

Because the fact is, as soon as your phone contract ends you now own your current model iPhone. No more paying it off, no more fixed monthly payments.

Most Aussies adults spend between $60 and $80 per month on their mobile phone bill, with between $10 and $20 per month of this bill going towards paying off a phone. Paying just $240 for an iPhone might seem like a good deal, but how much would you save if you didn’t sign a contract?

Let’s assume you have been paying $80 per month for an iPhone 5s on contract, but when your contract expires you choose a cheaper SIM-only provider instead. Here’s how much you’d save:

Carrier

Plan

Cost

Savings over 24-months

Amaysim

Unlimited 5GB

  • Unlimited Calls & Messages
  • 5GB Data
  • Optus 4G

$44.90 per month

$842.40

Get this Amaysim Deal

Boost Mobile

UNLTD $40

  • Unlimited Calls & Messages
  • 3GB Data
  • Telstra 3G

$40

$960

Get this Boost Deal

Jeenee Mobile

Cruiser SIM Plan

  • 500-mins Calls, Unlimited SMS
  • 3GB Data
  • Optus 4G

$38

$1,008

Get this Jeenee Deal

Yatango

  • Unlimited Talk + Text
  • 3GB
  • Optus 4G

$39.90

$962.40

Get this Yatango Deal

As you can see from just a few examples, if you currently pay $80 per month, you can halve your phone bill, save about $1000 and get the same level of inclusions on nationwide 4G networks.

Owning your own phone opens up a huge range of telco choices. Not only do the major carriers offering cheaper SIM-only (BYO Phone) plans, but there are dozens of Tier 2 providers to choose from as well.

Alternatively, you could sell your iPhone 5s and offset some of the extra expense of buying the new iPhone 6s when it is released, hopefully in September. This is a great option too, but remember there are a few important steps to consider before you sell an iPhone.

If you're still in the market for a new iPhone
Check all the latest, up-to-date iPhone plan prices right here

iPhone cartoon via Shutterstock


Compare phones and plans from the following carriers...

Personal

Business

Mobile Deals

iPhone 8 - compare plans & prices

iPhone 8 - compare plans & prices

Compare plans & prices for the new iPhone 8 & 8 Plus including any special promotions being offered

NEW Belong Mobile Plans + Welcome Data Gift

NEW Belong Mobile Plans + Welcome Data Gift

Sign up to a new Belong Mobile Phone plans & grab a Welcome Data Gift, available until 31/12/17

Make this Christmas a cracker with $100 Credit

Make this Christmas a cracker with $100 Credit

Virgin Mobile is celebrating the silly season with $100 Credit on selected phone plans to help you make this Christmas a real cracker. Offer ends 31.01.2018

New Southern Phone 4G Plans

New Southern Phone 4G Plans

Check out these new Southern Phone 12-month SIM Only plans on 4G network, packed with great value!