Why would a person want to buy a iphone for 250$ if the new one is coming out in a week for 200$?

Question

Why would a person want to buy a iphone for 250$ if the new one is coming out in a week for 200$?

Answer 1

The new one requires a contract. Contract rates are quite high and you will end up paying much more than you expected for the phone during a 2year period of use.

That person may already be on a contract and can't opt out.

$250 for the iPhone may end up being a better deal the the new iPhone which is going for $199 with contract.

However, if that person wants to buy it without a contract, it will cost them $599.

In this case, that person is better off without the 3g / GPS features of the phone.