Apple iPhone 8 and iPhone 8 Plus will be available in India starting tomorrow. The pre-orders have gone live across online and offline authorized stores. However, Flipkart’s trade-in offer on the premium smartphone will give you one of the best deals. Here’s how it works for the Rs 64,000-priced iPhone 8 (64GB model).
The original cost of the iPhone 8 is Rs 64,000. However, if you trade in your older iPhone, you can avail impressive discounts. In addition to that, if you use Citi Credit and World Debit Cards, there’s an additional cash back Rs 10,000. Furthermore, if you want to opt for the buyback guarantee scheme, you can further lock down on a specific amount, which can be availed whenever you set out to purchase a new phone in exchange of the iPhone 8. As for the trade-ins, the best value can be availed through the iPhone 7, iPhone 6s, Moto Z, and OnePlus 3T. It is also worth noting that Flipkart is promising to deliver the iPhone 8 on the launch date itself, i.e, September 29, in select cities.
Trade-in iPhone 7, get iPhone 8 effectively priced Rs 6,000
If you exchange your current iPhone 7, you can avail exchange discount of up to Rs 20,000, which includes an additional exchange value of Rs 3,000. To this, if you further use the Citi cards, you can avail additional Rs 10,000, which will bring the cost further down to Rs 34,000 (if iPhone 7 is exchanged). You must note that the cash back scheme is applicable to the iPhone 8 Plus as well. However, you are required to have ordered the device from 00:01 hours on September 22 to 17:59 hours on September 29. ALSO READ: Apple iPhone 8 and iPhone 8 Plus Hands-On and First Impressions: Incremental upgrades over the iPhone 7 duo
Now, if you avail the buyback guarantee scheme by paying an additional Rs 99, you get an assured value of Rs 28,000. The buyback value can be availed on an exchange of the iPhone 8 15 months later. By applying all these discounts and schemes, you effectively pay only Rs 6,000. Interestingly, the total exchange discount on the iPhone 8 is up to Rs 23,000, so in case you have an iPhone 7 Plus, you can get up to Rs 23,000 in exchange discount for the newer phone, bringing the effective price further down.
Trade-in iPhone 6s, get iPhone 8 effectively priced Rs 12,000
If you are on the older generation iPhone 6s, there’s a regular exchange discount of Rs 11,000 and by combining the additional exchange value, the total exchange discount is Rs 14,000. By deducting Citi cashback of Rs 10,000 and buyback guarantee value of Rs 28,000, you can purchase the iPhone 8 at an effective price of Rs 12,000.
Trade-in Moto Z, get iPhone 8 effectively priced at Rs 17,450
Moto Z, which currently costs Rs 29,999 with Style Mod, was first launched in India late last year. If you are planning an upgrade to the iPhone 8, you can avail a total exchange value of Rs 8,550. By adding Citi cashback offer of Rs 10,000 and the buyback guarantee of Rs 28,000, you are essentially buying the new iPhone at almost a fraction of its current price. ALSO READ: Apple CEO Tim Cook believes Rs 89,000 for the iPhone X is a ‘value price’, but reality begs to differ
Trade-in OnePlus 3T, get iPhone 8 effectively priced at Rs 15,450
If you are not too fascinated with the new OnePlus 5, you can opt for the iPhone 8 by exchanging the older OnePlus 3T. There’s Rs 10,550 of regular exchange value on the phone. By applying the Citi cash back and buyback guarantee offer, you effectively pay Rs 15,450 for the iPhone 8.