Purchasing an iPhone outright entails making a one-time payment to own the device in full, as opposed to financing it through a carrier or retailer over a period of time. This approach offers several advantages, including the freedom from monthly payments, the ability to sell or trade in the device at any time without penalty, and the potential to save money in the long run compared to installment plans that often include interest charges.
Historically, buying an iPhone outright was the only option available to consumers, but the introduction of carrier financing plans in the late 2000s made it more affordable for many to acquire the latest Apple smartphones. However, for those who prefer to avoid debt or who value the flexibility and financial benefits of outright ownership, purchasing an iPhone outright remains a viable and advantageous choice.
