Where To Buy iPhone 16 The Cheapest In 2024? (Cheapest Country, Discount, Price, VAT Rate & Tax Refund)
The Cheapest Country to Buy iPhone 16 2024
The cost of iPhone 16 is various by country, so many are wondering the cheapest country to buy iPhone 16. Let's look at the iPhone 16 cost comparison between the US, Canda, Europe, Hong Kong, Australia, Singapore, Malaysia, China, and Japan. In this comparison, I will calculate the price difference with the currency exchange, sales tax and the VAT Refund amount.
For example, we will look at the price of iPhone 16 Pro Max. Pricing and exchange rates are as of November 26. 2024.
Country & Region | Local Price | USD Equivalent Price | General VAT Rates |
United States | From $1199 | From $1199 | 0%-9.55%(Sales Tax-different states vary) |
Canada | From CA$1749 | From $1240.01 | Combined federal and provincial/territorial sales taxes range from 5% to 16%. |
United Kingdom | From £1199 | From $1504.94 | 20% |
France | From €1479 | From $1549.75 | 20% |
Italy | From €1489 | From $1560.22 | 22% |
Germany | From €1449 | From $1518.31 | 19% |
Swiss | From CHF1249 | From $1408.75 | 7.7% |
Finland | From €1509 | From $1581.18 | 24% |
Spain | From €1469 | From $1539.27 | 7.7% |
Ireland | From €1489 | From $1560.22 | 23% |
Japan | From Ұ189800 | From $1234.29 | Consumption tax: 10% |
Australia | From AU$2149 | From $1395.61 | Goods and services tax: 10% |
Singapore | From SGD1899 | From $1409.33 | Goods and services tax: 8% |
Malaysia | From RM5999 | From $1342.81 | Sales tax: 10%; Service tax: 6% |
Hong Kong SAR, China | From HK$10199 | From $1310.60 | There is no VAT or sales tax in Hong Kong |
China | From ¥9999 | From $1381.13 | 13, 9, or 6% depending on the types of goods and services |
What is VAT?
The value-added tax (VAT) along with the goods and services tax (GST) is a consumption tax, which means it is paid by the private consumer. It is not a revenue tax. While over 160 countries use a value-added tax, it is most common in the European Union. It can be labelled VAT, TVA, IVA, moms, MwST, and a few others depending on each country.
VAT Rates: VAT is commonly expressed as a percentage of the total cost. For example, if a product costs $100 and there is a 15% VAT, the consumer pays $115 to the merchant.
Vat Tax Refund: It is a tax on consumption rather than income, and it ranges from 5-25%. If you pay this tax when shopping abroad, you can often get your money back after you've returned home, since travelers are typically entitled to a refund for the VAT portion of prices for goods.
Conclusion:
As you can see from the table above, if you are going to purchase the iPhone 16, then you should definitely purchase it in USA. However, the most expensive place to buy a iPhone 16 is in Europe.
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Can you buy iPhone 16 tax-free?
1) The US does not utilize a VAT tax system, but most European countries do. Taxes can greatly affect iPhone 16 prices to that list. For example, value-added tax (VAT) adds tax at every point at which an item such as a iPhone 16 gains value (i.e., the raw materials are acquired, where it's made, where it's sold, etc.)
2) On the other hand, the combination of being able to buy tax-free and get VAT refunds is a huge factor in making iPhone 16 cheaper in certain European countries. However, not everyone can claim VAT refunds; notably, from the start of 2021 onward, post-Brexit, the VAT Retail Export Scheme, which provided these refunds, has ended in the UK. This may make it much more expensive for UK buyers to buy iPhone 16 (and other luxury products) in the EU.
3) Buying tax-free is like getting a discount only you won't have to negotiate the price. The best place to buy iPhone 16 tax-free is in Europe. This is because of the high VAT (Value Added Tax) that the EU has. But in many cases, you won't get the full tax back since services like Global blue charges a fee.
When you buy tax-free, you will get either the full VAT back (or less the fee), depending on which tax-free system the authorized iPhone 16 retailer uses.
4) Other key factors for finding iPhone 16 at cheaper prices include:
Currency exchange rates;
Import taxes in your country for foreign goods, which may wipe out some savings, such as VAT.
It is worth mentioning that although you can get a tax refund when buying iPhone 16 in the EU, the price after the tax refund is still not cheaper than buying in the United States.
Best place to buy iPhone 16 in USA
When shopping in the United States, the listed price of the merchant does not include sales tax (Sales Tax), which will only be calculated at the time of Checkout. Different states in the United States have different laws, and each state has a different sales tax. There are five states with no state sales tax at all: Alaska, Delaware, Montana, New Hampshire and Oregon.
The cheapest ways to buy iPhone 16
1) Buying From The Tax Free/Duty Free Places
The most common way to get a significant discount on iPhone 16 are tax free/duty free places. These are mostly in airports, train stations and seaports. but there are also tax free Borders shops and whole duty free towns in the world.
2) Buying iPhone 16 Online
You can check out below online sites to buy iPhone 16. There are coupons & deals, you can buy iPhone 16 with discount. In addition, you can trade in your old device for huge discounts.
iPhone 16 U.S. prices
The price of the iPhone 16-series is the same as the iPhone 15 series.
iPhone 16 prices | iPhone 16 Plus prices | iPhone 16 Pro pricess | iPhone 16 Pro Max prices | |
128GB | $799 | $899 | $999 | ---- |
256GB | $899 | $999 | $1,099 | $1,199 |
512GB | $1,099 | $1,199 | $1,299 | $1,399 |
1TB | ---- | ---- | $1,499 | 1TB: $1,599 |
iPhone 16 models & colors
iPhone 16 and iPhone 16 Plus: Black, white, pink, "teal" (green) and "ultramarine" (blue);
iPhone 16 Pro and Pro Max: Black titanium, white titanium, natural titanium and desert titanium.
iPhone 16 lineup specs
Best Place To Buy iPhone 16 Online
You can check out these online sites to buy new & pre-owned iPhone 16. It is very convenient to buy online, and it will be delivered directly to your door. And there are deals, as these retailers occasionally have promo codes where iPhone 16 is included. In addition, you can trade in your old device for huge discounts.
You can buy the iPhone 16 series from the Apple Store, and if you have an older phone to trade in, you could get up to $650 in trade-in credit. An iPhone 11 will get you up to a $120 credit, whereas an iPhone 15 Pro Max will get you up to a $650 credit. The Apple Store is a best place to buy unlocked iPhone 16.
Payment Methods: Apple Pay, Apple Card, Credit Cards or Debit Cards, PayPal, Apple Business Lease (AFS Commercial Credit), Apple Gift Cards, Apple Account Balance.
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If you purchase your new iPhone through Best Buy with a qualified activation and trade-in through AT&T or Verizon, you can save up to $1,000 on the iPhone 16 Pro and iPhone 16 Pro Max and up to $830 on the iPhone 16 and iPhone 16 Plus. Also, get a $100 Best Buy e-Gift Card.
Payment Methods: My Best Buy Credit Card, My Best Buy Visa Card, Best Buy Gift Cards, My Best Buy reward certificates, Visa, MasterCard, American Express, Discover, PayPal, Apple Pay, Zip, Progressive Leasing, Best Buy, Business Advantage card, Pay With Points, Diners Club, JCB.
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Walmart is offering carrier deals that can help you save up to $930 off the iPhone 16 and iPhone 16 Plus, and up to $1,100 off the iPhone 16 Pro and iPhone 16 Pro Max with trade-in when you activate a new line or upgrade with an unlimited voice. You'll receive the savings via 36 monthly bill credits. You'll have to activate a new line or upgrade your line to an eligible plan if you're not already on one.
Payment Methods: Debit cards, Credit cards, Pay by bank, Gift cards, Refund credit, Capital One Walmart Credit Cards, etc.
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Amazon is offering any iPhone 16 model for just $0.01 when you purchase it with a Boost Infinite plan. Boost Infinite is a membership plan for iPhone users. From $65/month, you get unlimited talk, text, and 5G data. Plus, you'll get a free iPhone 16. After 12 consecutive monthly payments, members can upgrade to the latest iPhone model at no extra cost. There is no trade-in requirement to join, which means you can keep your current iPhone or sell it to a third party.
Payment Methods: Visa (including the Amazon Rewards Visa Signature Card), Amazon Store Card, Amazon Secured Card, MasterCard/EuroCard, Discover Network, American Express, Checking Account, Visa, Mastercard, or American Express prepaid credit or gift cards.
Extrabux Cash Back: Cashback temporarily unavailable.
The Magenta network is offering the iPhone 16 for free (up to $1,000 off) when you trade-in an old device and sign up for a qualifying Go5G Next or Go5G Business Next plan. Or you can get up to $830 off any iPhone 16 when you trade-in on a Go5G Plus or Go5G Business Plus plan.
Payment Methods: Visa, Mastercard, American Express, Discover, PayPal, etc.
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AT&T is offering great deals on the iPhone 16 lineup. You can get up to $1,000 off on iPhone 16 Pro and 16 Pro Max and up to $830 off on iPhone 16 and 16 Plus, with an eligible trade-in. That essentially nets you an iPhone 16 or 16 Pro for free. These discounts are doled out over 36 months in the form of bill credits.
Eligible devices are smartphones with a minimum trade-in value of $180 for up to $1,000 off the iPhone 16 Pro or 16 Pro Max. For other phones in the series, the trade-in device must have a minimum value between $130 and $179. Additionally, customers must sign up for or be on an unlimited voice and data plan.
Payment Methods: Debit or credit cards (Mastercard®, Visa®, American Express® Card, Discover® Card, JCB, and Diners Club), Apple Pay, etc.
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Xfinity Mobile isn't offering any direct discounts on iPhone 16 series phones. However, you can save on the iPhone 16, iPhone 16 Plus, iPhone 16 Pro and the iPhone 16 Pro Max with an eligible trade-in. No phone to trade? You can still save when you add a new line and transfer your number. The amount you'll save depends on your trade-in device.
Payment Methods: Checking account (with a US bank), credit or debit card etc.
Extrabux Cash Back: Cashback temporarily unavailable.
New and existing Verizon customers on the Unlimited Ultimate plan can get an iPhone 16 Pro for free or up to $1,020 off another phone in the iPhone 16 lineup when you trade in any phone in any condition. If you opt for the Unlimited Plus, you can get up to $840 off or choose the Unlimited Welcome plan and you can still get up to $415 off phones in the iPhone 16 series.
If you switch to Verizon or add a new line, you can get an iPhone 16 for $5 per month, and the 16 Pro for just $10 per month on the Ultimate Unlimited plan (36 months).
Right now, Verizon also has a deal that can net you an iPhone 16, iPad and Apple One for free when you switch to the Unlimited Ultimate plan. Note that Apple One is free for the first 6 months and then reverts to $10 per month with this deal.
Finally, there's the option to bring your own device and add a new line to receive a promotional credit: $360 if you opt for the Unlimited Plus plan or $540 if you opt for the Unlimited Ultimate. This promo credit is applied over 36 months.
Payment Methods: Checking account, credit card, debit card or Verizon Gift Card.
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Get $1,000 off the iPhone 16 lineup with Boost Mobile’s $65/month Infinite Access plan. No trade-in required. A full year of FREE Boost Mobile wireless service when purchasing the iPhone 16 at full price with the $25/mo Unlimited plan, or apply the offer to the $50/mo Unlimited+ or $60/mo Unlimited Premium plans.
Or if you prefer to pay for the phone outright, you won't get a direct discount on the price, but you will get a free year of 5G service. You can also find Boost via their Amazon storefront, where you'll find the same offers.
Payment Methods: Credit card, Debit card, PayPal, Afterpay, and Zip pay.
Extrabux Cash Back: Cashback temporarily unavailable.
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