Rather than splurge the cash on a new mobile, there are plenty of ways to pick up a slightly older model at a significantly lower price.
And because phone manufacturers often refresh their products with new features and hardware updates in an effort to stay ahead of the competition, it means we as consumers can get great deals.
Owning your phone also frees you from long contracts so you can take advantage of better value SIM-only deals.
So whether it’s an older or ex demo model direct from the manufacturer or a refurbished handset from a specialist retailer, you can unearth great deals that mere months ago were considered cutting edge.
Nine wallet-friendly phones
Here we’ve found nine phones with great features that cost a lot less than the latest models. We’ve listed phone prices only for new models, so expect to find them for less on second hand sites like CEX, which also include a year’s warranty on most models.
LG Optimus 4X HD
LG’s first quad core phone landed late in the summer to critical applause thanks to its ultra powerful processor that delivers an amazing multimedia experience and fast internet browsing.
With a 4.7-inch 1280x720 IPS HD screen, 1.5GHz quad core chip, 8MP camera that shoots Full HD 1080p video and Jelly Bean Android OS, it’s as up to date as the very latest handsets but comes in significantly cheaper at just under £300 through this reseller. That’s £130 less than the original retail price.
Apple iPhone 4 8GB
Long since eclipsed by its younger, more featured iPhone 4S and iPhone 5 siblings, Apple’s iPhone 4 is still a powerhouse of mobile goodness in an almost identical body.
Beautifully built encasing a 3.5-inch Retina touchscreen showcasing Apple’s excellent operating system (and the latest iOS 6 works on the iPhone 4), the only major downsides are a slightly slower processor and lower quality camera than newer models. But with Apple selling it direct for £319 and this reseller offering a mint condition model with one-year warranty for £305, it’s a chunk off the original £580 price tag.
Nokia Lumia 800
The gorgeous Nokia Lumia 800 ruffled more than a few feathers on its release thanks to its sleek looks, but more importantly because it represents a collaboration between two giants – Nokia and Microsoft with its Windows Phone OS, 7.5 Mango.
Powerful thanks to a 1.4GHz processor, it offers 16GB storage, 8MP camera with autofocus and flash and a price tag dipping towards £200.
Sony Xperia S
The sleek Sony Xperia S has a stunning 4.3-inch Reality LCD that uses Sony’s BRAVIA TV technology to make the picture even better. It really works too giving this smartphone one of the best screens available – great for showing off pics from the 12MP camera.
Throw in 32GB memory, NFC technology and a 1.5GHz dual core processor and the Xperia S is as featured as most, but with a current price of £280 is significantly cheaper than its £410 launch price.
Samsung Galaxy Nexus
The Samsung Galaxy Nexus was the first smartphone to run Android 4.0, but can now be had showcasing the latest Android 4.1 Jelly Bean. Couple that with the rave reviews about its 4.6-inch super AMOLED screen and dual-core processor and you have a tempting phone.
But even better, as the Nexus is Google branded, it will always be first in line for Android OS updates including the next, Key Lime Pie. Originally costing close to £500, you can now get it for nearly half that.
HTC Wildfire S
HTC’s multi-talented Wildfire S serves a 3.2-inch touchscreen and runs Android’s OS 2.3 Gingerbread. For £120 – down from the £270 launch price – you also get a 600MHz processor and 5MP camera.
Huawei Ascend P1
Yahoo price: £295
Fitting to its name, the Huawei Ascend P1 was budget mobile maker Huawei’s reach for the higher end of the market. Running Android 4.0 Ice Cream Sandwich out of the box, the P1 houses a 1.5GHz processor, 8MP camera, bright and clear 4.3-inch Super AMOLED screen and garnered positive reviews. And with its price just cut to £240 from an August launch price of £350, it’s a bargain too.
Recently eclipsed by the new RAZR i, the RAZR was Motorola’s head-first dive into an Android skin that happily emerged looking amazing. Its wafer thin body is wrapped in Kevlar and boasts a dual-core processor running Android 2.3.5, an 8MP camera and a current price tag over £200 less than when it launched.
Samsung Galaxy Ace
Another handset recently eclipsed by a newer, flashier sibling (in this case the imaginatively named Galaxy Ace 2), the Galaxy Ace can be picked up for around £150 SIM free. For that price you get a fully functioning smartphone with 5MP camera, 3.5-inch capacitive touchscreen and Android’s 2.2 OS, Froyo.