Apple unveiled the iPhone 16 along with many new devices last fall. At this point, there are many deals available for the whole lineup from many major retailers as well as directly from Apple and most mobile carriers. The deals include trade-in credit, up to 100% finance when signing up for a cellphone provider, and some discounts.
The new iPhone 17 is expected to come out in September. It's rumored to finally have a new design. So if you can wait until then to upgrade, you might end up finding a better deal on the iPhone 16.
How much is the iPhone 16?
iPhone 16E: Starting at $599 and up to $899
iPhone 16 Plus: Starting at $899 and up to $1,199
iPhone 16 Pro Max: Starting at $1,199 and up to $1,599
If you're in between getting the Plus or the Pro, tech writer Pranay Parab thinks the iPhone Plus is a better option, since the battery life and screen size are better and it comes with all the essential features you'll likely want. You can also read how the iPhone 16 compares to the Pixel 9 and Galaxy S24.
Best iPhone 16 deals right now
If you have a recent iPhone or other valuable devices that you're willing to trade in, the Apple store offers the best trade-in deal if you don't want to be tied down to a specific phone carrier, with up to $600 in credits. An iPhone 15 Pro Max gets you $600, depending on its condition, which means you'd be able to get the iPhone 16 for $200.
All other cellphone providers and major retailers also offer trade-in credit, but they might not be as good as these two.
For 100% finance:
Keep in mind that if you choose to go with a cellphone provider over an unlocked iPhone, you'll have to become a member and likely sign up for the priciest plan they have (this wouldn't apply if you're already with them and have the eligible plan).
The best deal available right now is T-Mobile's, where they're offering the iPhone 16 Pro for free when you switch to T-Mobile. There is no need for a trade-in. You'd need to sign up for an unlimited plan. Pretty sweet deal consideing this iPhone costs $1,000.
From retailers:
If you get reward points, or discounts, or want to keep the highest resale value and not be tied to any one specific carrier, going with a retailer is a good choice. Best Buy, Walmart, and Target all offer the complete lineup of iPhone 16. Some offer the same trade-in or finance deals that the cellphone providers offer (you can just make the order through one of them instead of going directly with a cellphone provider). If you have no leverage with any retailer, Best Buy offers three months of Apple TV, Apple Fitness, Apple Arcade, and Apple Music if you pre-order with them.
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