> At a Glance
> – Carriers slash iPhone 16 prices by up to $900 ahead of dwindling inventory
> – AT&T offers the 16E for $2/mo, 16 Pro for $16/mo on 36-month plans
> – Verizon gives free base models when you add a line; Pro Max already sold out
> – Why it matters: Apple fans can still grab flagship power for a fraction of the sticker price-if they act fast
The iPhone 17 may be grabbing headlines, but the iPhone 16 is quietly turning into a bargain hunter’s dream. Major carriers and retailers are clearing shelves, pushing discounts that slice hundreds off Apple’s 2024 flagship.
How the Biggest Savings Work
AT&T leads with the lowest monthly cost. Buy any iPhone 16 model on a 0%-interest installment plan and the bill credits stack up fast:
- iPhone 16E: $2 per month (save $442 over 36 months)
- iPhone 16: $8 per month
- iPhone 16 Pro: $16 per month
- iPhone 16 Pro Max: $21 per month
No trade-in is required, but AT&T will sweeten the pot if you hand over an old device. An online-only activation bonus knocks another $200 off when you add a line.
Verizon, T-Mobile & the Rest
Verizon pushes the highest dollar discount-up to $900-but you must add a line on a qualifying unlimited plan:
| Model | Max Savings | Monthly Bill Credit |
|---|---|---|
| iPhone 16E | $600 | Free base config |
| iPhone 16 | $730 | Free base config |
| iPhone 16 Plus | $830 | Free base config |
| iPhone 16 Pro | $900 | Free base config |
| iPhone 16 Pro Max | N/A | Out of stock |
T-Mobile is nearly sold out, yet switchers can still earn up to $830 in bill credits on the Experience More or Experience Beyond plans. Most other T-Mobile plans yield up to $630.
Retailers & Trade-In Perks
- Best Buy trims $50 off the 16E and $330 off the black iPhone 16. Trade-ins and a $100 carrier-activation bonus can drive the price lower.
- Xfinity supplies $400 off any model plus up to $830 when you trade in, and will pay up to $500 to buy out your old contract.
- Apple Store still stocks every model; trade an old device for up to $670 and snag 3% cash back with an Apple Card.
Quick Buy Guide
Apple released the iPhone 16 and 16 Pro line in September 2024; the budget iPhone 16E followed in February 2025. You can order online from carriers, Apple, or Best Buy, or check local store stock via the Apple Store app.
Color palette:
- 16E: black, white
- 16/16 Plus: black, white, pink, teal, ultramarine
- 16 Pro/Pro Max: black, white, natural, desert titanium
Prices before discounts:
- 16E: $599-$899
- 16: $799-$1,099
- 16 Plus: $899-$1,199
- 16 Pro: $999-$1,499
- 16 Pro Max: $1,199-$1,599
Key Takeaways
- AT&T delivers the cheapest monthly cost-no trade-in needed
- Verizon offers the highest total savings but requires a new line
- iPhone 16 Pro Max is already scarce; deals vanish as inventory falls
- Trade-in values climb to $1,000 on premium carrier plans
- Retailers like Best Buy and Xfinity still dangle instant rebates
Move quickly: every carrier confirms offers will shrink as the iPhone 17 spotlight grows.
