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Buying a new phone: how to do it affordably

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If you’ve decided that you’re buying a new phone, then you’ve probably already explored secondhand options. So if you’ve made the decision to buy new, then follow my tips to get the best deal possible.

Haggle

If you’ve just come out of contract on your pay-monthly phone, then you may be inclined to just sign up again and snag the latest handset. But before you do, ask your phone provider if they can do it for cheaper. You then need to write down the quote and call some other providers. Keep a cool head and weigh up your options accordingly. 

Consider going SIM only

If you’re after a new phone but you’re out of contract, then consider going SIM only.

There are some great deals out there. For example, I use Plusnet Mobile and I pay £10 per month for 12GB of data, unlimited texts and unlimited minutes. I’m really pleased with that, as it suits my needs and I rarely go over. 

You can still get a new phone if you decide to go down the SIM-only route. You can buy something separately. But by going SIM only, you’ll probably save a considerable amount of money off your monthly bills. Money that may help to justify a new handset.

Downgrade by one model

If you’re looking for a new phone, then consider opting for the second-latest model. If you do this then you’ll still be getting a decent phone, but you’ll likely save hundreds of pounds. 

Can you wait?

If you absolutely must have the latest phone, then consider waiting a while to get it. Every time a new iPhone is released, the model that came before it drops down in price.  So consider waiting for the next release before purchasing the model that you really want. 

Similarly, if you know that a sale is coming up, like Black Friday, or the January sales, then it may be worth holding out. Phone companies often run special promotions during these periods, so this is often when you’ll find the bets prices.

Shop around

When you’re buying a new phone, it’s important to shop around to make sure you’re getting the best deal. So do your research and don’t just be drawn in by the first deal you see. To be sure that you have got the best possible deal write everything down and weigh it up from there. 

Approach credit with caution 

You might think that it makes sense to put the cost of a new phone on an interest-free credit card, or to use a buy now pay later scheme. But I’d do this with caution. Yes, it is possible to get a good deal. I got an additional 10% off my handset by using a buy now, pay later scheme, but I knew I had the cash to pay it off as soon as that discount was added to my account. 

Remember that offers on credit are often used to lure people in. So if you’re not absolutely sure that you will pay it back within the time frame, it’s best to avoid credit. 

Is it worth it?

I wouldn’t recommend that you regularly purchase a new handset, but I do think it is possible to get a new phone for a good price. By downgrading a model and combining a Black Friday offer with a credit for getting a buy now pay later agreement, I was able to get my phone for cheaper than I saw it secondhand.There’s no reason why you too can’t hunt out a bargain when you’re buying a new phone. As long as you keep a cool head and do your research. If you do go down this route though, you should ensure that it’s an aspect of the lifestyle creep that you’ve acknowledged and you’re happy with.

Find out how to make some easy free money in the UK to fund your new devise and grab an Airtime Rewards promo code, so you can earn money off your bill, just by shopping as usual.

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