Spark's $700 Savings Deal on iPhone 16

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Forums › Bargains and Deals › Spark's $700 Savings Deal on iPhone 16 - Is This Unusual?

Dulouz

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#317379 10-Oct-2024 16:06

I've noticed that Spark is currently offering a $700 savings deal over the term of a contract for a new iPhone 16. This seems like a significant discount, and I'm wondering if it's out of the ordinary.

Amanon

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#3295644 10-Oct-2024 16:11

No. Just look at the other telcos they all do it. Would have taken you 2 minutes to do.

Linux

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#3295648 10-Oct-2024 16:17

tripp: No. Just look at the other telcos they all do it. Would have taken you 2 minutes to do.

I reckon

allan

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#3295650 10-Oct-2024 16:19

tripp: No. Just look at the other telcos they all do it. Would have taken you 2 minutes to do.

Probably counting on you being quicker off the mark 😀

gehenna

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#3295653 10-Oct-2024 16:26

It is a bit unusual for iPhones, to be fair. It's common in the Android space, but Apple devices historically have very tight sales margins for telcos so it was unusual to see an Apple device sale until the end of a generation, ahead of a new product release.

EviLClouD

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#3295655 10-Oct-2024 16:38

The other trick is they usually lock you down to a generally ‘expensive’ plan for 2 years minimum in order to get that discount. Think of it as $30 off per month off your plan for 24 months and work out the value from there

Aucklandjafa

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#3295658 10-Oct-2024 16:41

EviLClouD: The other trick is they usually lock you down to a generally ‘expensive’ plan for 2 years minimum in order to get that discount. Think of it as $30 off per month off your plan for 24 months and work out the value from there

That’s where Spark differentiates, you can do IFP over 12 months then change your plan if you wish. Other two are 24 months min.

Dairusire

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#3295661 10-Oct-2024 16:43

I was going to agree with the others here, but I did the maths and to be fair with Spark specifically if you purchased the base model iPhone (128GB, though this math should actually apply to any of the other devices) on a 12mo term on the $92 plan your total spend is $2004 for the whole year including the device.

If you were on a $50 plan and bought the device out-right as an example with any of the other big telcos, your costs would be approximately $2200 over 12 months.

So, yeah. It actually is a good deal IF! You only buy the device on a 12 month term.

I don't think the math is wrong but I did it three times to double check and I think it works out.

Also, the deal gets better the higher your normal mobile usage plan is anyway. For example if you're using a $72 plan anyway because that's what you arguably 'need', then the cost benefit ratio is better.

Same math would be $2464 for outright purchase and your $72 month plan, vs again $92 plan and the $66.67 per month for the base model iPhone. Which is again $2004

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Aucklandjafa

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#3295665 10-Oct-2024 16:59

If you have another person your account, the $92 plan becomes $73.60, and assuming you’re using the Spotify sub, when you remove the value of the sub, you’re only paying $54.60/month for unlimited data, so to have a $700 discount loaded on top of that is pretty good value.

thinkingtrex8848

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#3295666 10-Oct-2024 17:05

Aucklandjafa: If you have another person your account, the $92 plan becomes $73.60, and assuming you’re using the Spotify sub, when you remove the value of the sub, you’re only paying $54.60/month for unlimited data, so to have a $700 discount loaded on top of that is pretty good value.

Hi, what do you mean by "have another person your account" ?

How would I do this if there is no existing account?

Aucklandjafa

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#3295681 10-Oct-2024 19:25

thinkingtrex8848:
Aucklandjafa: If you have another person your account, the $92 plan becomes $73.60, and assuming you’re using the Spotify sub, when you remove the value of the sub, you’re only paying $54.60/month for unlimited data, so to have a $700 discount loaded on top of that is pretty good value.

Hi, what do you mean by "have another person your account" ?

How would I do this if there is no existing account?

https://www.spark.co.nz/shop/mobile-plans/team-up/you-plus-one.html#plans

Kookoo

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#3295722 10-Oct-2024 20:51

I guess it depends on how you interpret the question. Is this offer unique? Probably not.

Is this offer unusual? I'd say yes - iPhones don't usually launch with suc strong discount offers. Last year's offer was $400 off, and at the time it was considered really good. So almost double that on an iPhone launch is out of the ordinary. Sign of diminishing buyer power and the low appeal of the iPhone 16 Pro I guess.

Hello, Ground!

Dulouz

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#3295781 11-Oct-2024 07:50

Thanks to those who answered my question.

Amanon

thinkingtrex8848

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#3295785 11-Oct-2024 08:45

Does it only work for the 92 plan? Can you do the below:

-cheapest you+1 plan

-iphone pro 256

-still get the $700 discount?

I can't seem to make it work with the 72 plan

Handsomedan

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#3295796 11-Oct-2024 09:05

Secondary question - apologies for the hijack:

Does this indicate that iPhone sales are down on predicted volumes, with the discounts being offered so soon after launch?

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EviLClouD

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#3295798 11-Oct-2024 09:07

thinkingtrex8848:

Does it only work for the 92 plan? Can you do the below:

-cheapest you+1 plan

-iphone pro 256

-still get the $700 discount?

I can't seem to make it work with the 72 plan

The $700 discount applies only for the $92 plan

It's $200 discount for $72 plan and no discount for any cheaper plan

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