Photo by rhysadams, CC0 1.0

Yes, it’s that time of year. The newest version of the iPhone has been released and people all over the world are clamouring for this beauty of a device.

Even if you’ve only had your current phone for a short time, the thought has definitely crossed your mind about throwing it out and going all in for the iPhone 7. I mean, how could you not with that dual camera lens?

But hold on for a second there. If you’re in the market for this brand-new Apple device, there are some better ways to go about purchasing it than throwing over $500 away by paying it all at once. No one wants the iPhone that much to just give Apple all of your hard-earned money without proper research.

Because we want you to make the best possible decision (how nice of us!), below are some of the easiest ways to buy your brand-new iPhone 7 and save a couple bucks while you’re at it. You won’t regret taking a look into all of these!

  1. Trade in That Old Clunker of a Phone

So, you’ve got this old clunker of a phone that you want to magically transform into a brand-new iPhone 7. Well, unfortunately, transfiguration for phones hasn’t been invented yet.

However, there’s good news. The magic of trading in your phone for a new one has been invented! One of the easiest ways to trade in that old phone to get credit for your new iPhone is to head over to an Apple store and see how much you can get.

Just make a note that this will probably not cover the entire cost of the iPhone 7. You’ll probably get a couple of hundred bucks, but hey! That’s a couple of hundred bucks you didn’t have before. And you might be able to dig around and find an even older iPhone that you’ve tucked away that could trade in.

  1. Or Sell It to Get Some Extra Cash

If for some reason, you’re not able to trade in your phone for credit, there are plenty of ways out there for you to sell it for cold, hard cash. Whether it’s through eBay or some other third party site or store, just do a quick Google search and you’ll find tons of options for you.

That iPhone 7 will soon be in the palm of your hands.

  1. Get the Most Out of Your Money with Apple’s Payment Program

This is potentially the best option on this list or any list for you to get your hands on an iPhone 7. If you haven’t heard of it (many people haven’t), Apple has this neat program called the iPhone Upgrade Plan. And it’s basically the coolest thing ever.

Hear this out. Apple will let you pay off your iPhone 7 or any newest version of the phone in monthly instalments until the entire retail price is paid off. This works with all of the major networks, so it’s a great deal if you can’t shore up hundreds of dollars up front. Thanks, Apple!

  1. Shop Around on The Networks

If you don’t want to go for the Apple payment plan, most of the major carriers have their own payment plans that offer various benefits for you. Don’t be afraid to shop around the different networks for the best options for your budget. Even if it means switching to a different network, it may be worth it, all things considered!

I’m sure you’re about to burst out of your seat with excitement at the thought of going to the Apple store and throwing down all your money up front for the new iPhone 7. However, as shown above, there are plenty of options out there if you want to make a more financially conscious decision. Check out which one is going to be the best for you, but most of all enjoy your new iPhone.