iPhone 4S owners and users locked into a contract can upgrade to the iPhone 5 for an expensive price.
The normal $199 iPhone 5 pricing advertised on Apple’s homepage is only with a new two-year contract.
The iPhone 5 off contract pricing, or full retail price, starts at $649.
After logging in to check out iPhone 5 upgrade eligibility we found the following high prices waiting for us.
- 16GB iPhone 5 – $649
- 32GB iPhone 5 – $749
- 64GB iPhone 5 – $849
The iPhone 5 off contract prices are higher than Verizon’s $350 ETF for advanced devices, and it might be cheaper for some users to cancel a line and purchase a new iPhone 5 line. The prices above show a date, but that is when the user is able to update at a cheaper price. The iPhone 5 off contract prices will not likely change until the next iPhone launches.
The AT&T iPhone 5 can be purchased at an early iPhone 5 upgrade discount price for many users. This discount is the iPhone 5 contract price plus $250. That’s a savings of almost $200 over the off contract price. The after November 8th price here shows the early upgrade pricing, but it isn’t available to all customer right now.
Users who ar e looking to upgrade early can offset some of this cost by selling the iPhone 4S to a trade in site for up to $500. Gazelle is buying about 15 used iPhones a second after the iPhone announcement and expects the iPhone 4S trade in price to decline by about 25% in the next week.
Users can check upgrade eligibility and iPhone 5 prices with Apple or direct with their carrier for detailed upgrade information.