Is buying outright better?

IUBall22

macrumors 6502
Original poster
Sep 13, 2007
378
191
If money’s not an issue, do you have better chances preordering when buying outright?
 

kellte2

macrumors regular
Jul 10, 2005
241
15
I'm not a CFP, but a zero interest loan is generally considered to be a good thing. I don't think there will be any difference inventory based on financing, but I'm happy to be proven wrong.
 

blairian89

macrumors 6502
Dec 5, 2016
380
234
Texas
Same odds. There are a certain number of phones and however they are sold is however they are sold. Whoever gets through the process the fastest is the victor.

Outside of that, buying outright is good if you are planning on keeping the phone for a long time. If you trade up yearly I would not recommend it.
 

haqsha23

macrumors 6502a
Oct 22, 2017
696
493
Mississauga
apparently not. The order process has been streamlined so well for people who are upgrading through their carriers that buying the phone outright doesn't give you any better of a chance.
 

steelo3232

macrumors regular
May 25, 2016
241
228
No one knows the algorithm back end processes apple uses when fulfilling orders, so it's purely speculation no matter what anyone may argue to the contrary. Logic would seem to indicate it's a first come first serve basis regardless of payment. I say this only because there have been years when I ordered 10 min after some folks paying outright and people who ordered 10 min earlier on payment plans got their phone before I did, they got their launch day I got mine a week later. So I would say timing of order supersedes payment form.
 
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AlphaGuitarist

macrumors 6502a
Nov 12, 2014
628
447
I'm buying outright, using the Barclaycard Visa. I called them earlier today and asked if they would be willing to give me another round of interest free financing for an Apple product, as I originally got the card when I bought my 6s Plus. Not only was the rep more than willing to grant my request, she joked around about what a cluster%$^ tonight's preorders will be and wished me luck. I already had the money set aside for the phone, but I may actually take advantage of the interest-free financing.
 

Relentless Power

macrumors Nehalem
Jul 12, 2016
30,357
30,614
If money’s not an issue, do you have better chances preordering when buying outright?
I don't know that's a direct advantage over other ordering methods. On a sidenote, the advantage will be owning the iPhone out right in that sense.
 

dtlee1974

macrumors regular
Apr 2, 2010
128
30
Read up on Time Value of Money. With a zero percent loan you are paying it back with deflated dollars, I.E. the dollar you pay with in two years isn't worth as much as a dollar today is.

That said, there is an extra cost for Apple Care Plus that you have to take into account. If you were likely to buy that anyway, then TVM applies to that purchase as well. If you weren't, then it is hidden interest.

Me? I have a toddler and another baby due in January.....I'm buying AC+ for both phones I'm buying tonight so the IUP plan works great for me.
 

sdwaltz

macrumors 6502a
Apr 29, 2015
736
982
Indiana
Read up on Time Value of Money. With a zero percent loan you are paying it back with deflated dollars, I.E. the dollar you pay with in two years isn't worth as much as a dollar today is.

That said, there is an extra cost for Apple Care Plus that you have to take into account. If you were likely to buy that anyway, then TVM applies to that purchase as well. If you weren't, then it is hidden interest.

Me? I have a toddler and another baby due in January.....I'm buying AC+ for both phones I'm buying tonight so the IUP plan works great for me.
While you are correct in that you'll be paying with deflated dollars, inflation doesn't really come into play much over a 24-month loan. If it were a 30-year loan, sure.

You'll literally pay a few extra cents due to inflation in this case.
 

Dunbar

macrumors 6502a
Jun 25, 2010
556
113
Los Angeles, CA
All else being equal outright purchases are going to happen faster which means you’ll have a better chance of getting it on launch day. If you haven’t done the IUP pre-approval then it’s probably already too late.
 

mainomega

macrumors 6502
Jun 5, 2007
297
71
I don’t think payment method will matter in terms of when your order will ship. I think straight payment through Apple might lead you to closing the transaction a little quicker and maybe a better chance of beating others.