Don't Wait If You Find Something You Like
And finally, don't wait if you see or find a phone you absolutely love within the next few months or early next year. It's exciting times right now, where budget phones are comparable to "premium" flagship devices.
Samsung's Galaxy S10 has three great sizes to choose from, including a budget flat model for $749. They're all comparable or better than the Pixel 4, which means they'll be similar to the Pixel 5. Plus, come February of 2020 Samsung will release three new Galaxy S11 phones that will rock the smartphone industry. You could buy one of those if you love what you see.
Some people love the Pixel 4 XL, and others think it's terrible. If you're in the latter camp, you might want to get the Galaxy S10 or OnePlus 7T Pro instead of waiting. Or wait for the OnePlus 8 and get it over the Pixel 5. Heck, even Motorola's upcoming foldable RAZR could be enticing.
Or, get the new Galaxy Note 10, especially now that it's available in a smaller 6.3-inch size which is the exact same size as the Pixel 4 XL, and potentially the Pixel 5 XL. See that beautiful photo in this slide, with the orange sunset? That's the Note 10, which looks way better than the Pixel 4 and might be very similar to what Google delivers with the Pixel 5 XL.
Google's Pixel 5 will be very exciting, interesting and important, and we can't wait to see what they deliver. But, if you see something great within the next year while you wait go ahead and buy it. You can always trade it in and put that cash towards a Pixel 5G XL.