Deal Alert: Best Buy offering iPhone 5 at half price, $100 for 16GB with contract

Sections: iPhone, iPhone/iPod touch/iPad

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If you can’t wait for the new iPhone lineup, Best Buy is offering a very attractive deal on the iPhone 5. The retailer has announced that users can get a new iPhone 5 for half the price if they own an iPhone 4/4S in working condition without any water or screen damage. The promotion started today, August 30th, and will end on Monday, September 2.

Users opting for a 16GB model will be eligible for a trade-in credit of at least $100, while those who want to get the 32GB version will be eligible for $150 credit. This would cut the price of the 16GB iPhone 5 to $100 while the 32 GB variant cost will come down to $150. However, users must sign up for a 2-year contract on any supported carrier.

Additionally, users must be eligible for an upgrade with their carrier. The list of supported carriers includes AT&T, Sprint and Verizon, and does not include no-contract phones or the ones running on T-Mobile.

It makes our belief about the upcoming iPhone event stronger, as it seems Best Buy is trying to clear its iPhone 5 inventory before the launch of the new iPhones. Apple is expected to introduce refreshed iPhone 5S and iPhone5C on September 10th, with the expected availability to be after a week and a half—around September 20th.

Are you excited?

Read [Best Buy] via [CNET]

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  • Ean6

    What a rip off. $100 plus a $350 ETF after you forfeit your iPhone 4/4s that’s worth $200-$250. People need to get more acquainted with Craigslist and eBay.