8 Easy Tips To Save Money When Buying A Phone in 2024
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How to Save Money When Buying A Phone?

by Dipanjan Sadhukhan on Oct 05, 2024

8 Tips to Save Money When Buying A Phone

Phones are a modern-day necessity, we hardly spend any time away from them. From managing your social life to your professional life, they offer a world of convenience at your fingertips. That’s not all, more and more modern phones with new features are launched every day in the market to add more convenience to your life. The temptation to upgrade to a new one is always there. But let’s be honest — new phones can come with a hefty price tag, and you may not always have the budget to afford the phone you want. This does not mean you cannot buy it — there are ways to make buying your next phone easier on the wallet. Here are some practical tips.

 

INDEX

8 Tips to Save Money When Buying A Phone

  1. Buy Phone Online
  2. Explore Different Sellers
  3. Wait for the Right Time
  4. Buy Pre-owned Phones
  5. Buy Refurbished Phones
  6. Buy Unboxed Phones
  7. Go for Slightly Older Models
  8. Trade-In or Sell Your Old Phones

Frequently Asked Questions About Buying A Phone

  1. What to save when getting a new phone?
  2. How to budget for a new phone?
  3. What should I do first when I buy a new phone?

 

8 Tips to Save Money When Buying A Phone

1. Buy Phone Online

Most people buy phones online nowadays, but we understand why some of you would prefer a retail store for the purchase — minimum risks of fraud. It is true, we have all seen the videos of empty parcels being delivered by sellers. However, always remember that these are a few isolated incidents and do not reflect the reality of online shopping. By purchasing your phone online, you can get lots of great discounts and deals on phones that will bring down their prices. Similarly, you can use coupon codes (if available) to get great discounts on your purchase. In case you are buying a high-end phone, you can purchase it on EMI to soften the financial blow and get even more discounts.

2. Explore Different Sellers

There are lots of sellers in the market, do not settle for the first offer you see! Always research the prices online properly. Depending on promotions, stock, and various other factors, some sellers might offer discounts from time to time. Researching is easy, just search “buy (phone model you want to buy)” and check the results appearing on the first page — Google will list the sellers with the product and price at the top of the page or on the right-hand side. Now, you will be able to compare the prices easily.

3. Wait for the Right Time

We understand that a phone is a necessity, and you cannot always wait to buy one. However, if you are planning to buy a new one, it will be wise to wait for the right time. Many sellers offer huge discounts on their products around festivals like Diwali and Dussehra. You can buy an iPhone or any other mobile at a much lower price. 

Another good time to buy a phone at a lower price is right after a new model is released. This is because older versions tend to get significant price cuts. Recently, the iPhone 15 models witnessed a major price drop after the iPhone 16 event on September 9, 2024. The same thing happens with all the major brands.

Also Read: Apple iPhone 15 Pro vs Apple iPhone 16 Pro: Understanding the Differences

4. Buy Pre-owned Phones

When working on a tight budget, you can consider buying a pre-owned phone. However, we are not talking about buying a pre-owned phone from OLX or individual buyers. There is a lot of risk associated with it. A smarter option for you would be to buy a second-hand phone from a reputed seller. This will ensure you get a warranty and can get it repaired or replaced free of cost. We provide up to 12 months of seller’s warranty on our pre-owned phones so that you can rest assured knowing you are buying a good-quality phone. All our devices are thoroughly tested before selling. Choose a “like-new” or “superb” pre-owned phone if you want a device that appears new.

5. Buy Refurbished Phones

Refurbished phones

You might have heard of refurbished phones but probably have never considered buying one because you feel that they are poor-quality phones. The truth is, there are lots of refurbished phone rumours floating around and you should not fall for them. Even though they had a previous user, they are technically not second-hand phones. In simpler terms, these are used phones that were returned by the previous owners and then completely restored to new-like condition by refurbishers. During the refurbishment process, these phones are thoroughly checked, repaired, and tested to ensure they function just like new phones. So, you will basically get a phone that functions just like a new one but is available at a discount. You even get up to 1 year warranty at Mobilegoo.

Depending on the condition, you can get up to 60-70% discount on these devices. There are three major condition categories:

  • Like-new
  • Superb
  • Good

Even though these categories might have aesthetic differences, they all provide top-notch service. 

6. Buy Unboxed Phones

If you want a new phone but cannot afford one, the best thing would be to choose an unboxed phone or an open-box phone. These are different from pre-owned phones and refurbished phones. They too had a previous user but were returned to the seller within a very short period of time — not necessarily due to any damage or issue. So, these are practically new phones with just the sealed broken. They look like new phones, function like new phones, and even make you feel like you are using a new phone, but they cannot be sold as new phones. This is the only reason they are available at a discounted price. You can easily get it from us at 20%-30% cheaper than the market price.

7. Go for Slightly Older Models

Modern smartphones come with many features that are hardly ever used during their lifetime. However, they do add to the overall price of the phone, making it more expensive. So, if you want something budget-friendly, you can go for slightly older models instead of the latest releases. Slightly older models will have all the necessary features and do not come with the premium pricing as well. For instance, if you check out the price of the iPhone 12 now, it is available at half the price of its initial launch price. And, the iPhone 12 is still a great phone for use.

8. Trade-In or Sell Your Old Phones

Trade-In or Sell Your Old Phones

Once you have a new phone, you will no longer be using the current one. So, it makes sense that you use it to make your purchase more affordable. You can do this in two ways:

  • Many retailers and platforms allow you to trade in your old phone for credit toward your next purchase. Therefore, you can hand over your current device to the seller to get some extra discount. 
  • You can sell your phone, add some extra money to the funds received from selling the phone, and then use that fund to buy a new one. Although this is not a direct discount on the price, it will certainly make purchasing a phone more affordable.

With Mobilegoo, selling your phone is easy. You just have to select the device, answer a few basic questions about the device, and confirm the sale. Our partner will pick up the phone from your doorstep and process the payment instantly.

Get The Best Phone Prices At Mobilegoo

Here at Mobilegoo, you can buy phones at the best prices since we source our devices from the users directly and do not charge any commissions. We have three options: refurbished phones, pre-owned phones, and unboxed phones. All three options are low-cost alternatives to new phones. Additionally, you get up to 1 year warranty on our products. If you face issues in the initial days, we will replace your device as well. In case you are short of funds, you can also opt for our No Cost EMI option. 

Frequently Asked Questions About Buying A Phone

What to save when getting a new phone?

When getting a new phone, the main things to save include your contacts, photos, videos, and important documents. If you have turned on auto-backup, you do not have to worry about saving anything. Everything will be available online. Google Drive or iCloud will ensure nothing is lost during the switch. 

However, most modern phones allow you to transfer data without any inconvenience by cloning your old device. If you are not selling your old device, you do not have to even save anything.

How to budget for a new phone?

Budgeting for a new phone involves more than just the initial price of the device. First, determine how much you can comfortably spend without affecting your other financial responsibilities. Consider whether you will pay upfront or through a monthly payment plan. Other aspects that can influence the price include protective cases, screen protectors, insurance, etc. So, make sure you take these factors into consideration as well when budgeting for your phone. Try to set a clear budget beforehand to ensure you get the best phone within your means without overspending.

What should I do first when I buy a new phone?

When you buy a new phone, the first step is to set it up properly. Start by transferring your data from your old phone, either through cloud services or a direct transfer. Make sure to log in to all necessary accounts, such as your email, social media, and app store. Next, download and update essential apps, and ensure that your contacts, photos, and files are in place. After that, set up security features like fingerprint or face recognition and enable any necessary backups. Finally, take time to explore the settings and adjust them to your preferences. It will ensure that your new phone is set up just the way you like it.

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