iPhone 16 Price Drop: Get the iPhone 16 for Cheap in Canada

It's that time of year again. The iPhone 17 has just been revealed by Apple, and with many users around the world looking to upgrade to the latest and greatest, the iPhone 16 has received a nice dip in price.

With the introduction of the iPhone 17, Apple is gently moving away from the iPhone 16 family. With the release of the iPhone 17, iPhone Air, iPhone 17 Pro, and iPhone 17 Pro Max, the Cupertino company has removed the iPhone 16 Pro and Pro Max from the official website. However, Apple has given its iPhone 16 a discount. 

As is tradition, the price of the iPhone 16 dropped by over $100. With the base iPhone 17 launching at the same price as its predecessor did last year, Apple is sweetening the pot for anyone looking to nab last year's flagship device. Of course, this is all before considering trade-in offers and carrier deals.

Read on to learn more about the iPhone 16 pricing and how you can save on your next iPhone.

How much will the iPhone 16 price drop?

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Last year, the iPhone 16 launched at $1,129 in Canada. As the iPhone 17 is now taking that same pricing model, Apple has slashed the price of its iPhone 16 down to $999—a savings of $130.

Will the iPhone 16 Pro models get a discount?

Yes, the iPhone 16 Pro models got a discount! Although the company has delisted the iPhone 16 Pro models from its official website, carriers in Canada still offer the devices on a plan. It's a shame Apple delisted the iPhone 16 Pro, as it's an exceptional device with a ProMotion display and a solid camera array.

So, while stock is still available, you can find great discounts on the iPhone 16 Pro from carriers, brick-and-mortar retailers, or a used electronics retailer like Mobile Klinik. As of the time of writing, pricing on an iPhone 16 Pro is around $1,300.

Is the iPhone 15 still available?

Similar to the iPhone 16 Pro models, Apple no longer stocks the iPhone 15 series on its official website in Canada. Carriers still offer the base iPhone 15 if you want to get a somewhat contemporary device, capable of supporting Apple Intelligence, iOS 26, and the Action Button feature.

When will the iPhone 16 price drop?

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Apple already dropped the iPhone 16 price the day it announced the new iPhone 17 lineup. As preorders for the iPhone 17 series opened on September 12, with a launch on September 19, the company is moving swiftly. Which is great news for those eager to pick up last year's model and save a bit of cash as well.

Are old iPhones discontinued?

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Yes, Apple routinely discontinues older model iPhones before relegating them to the graveyard. For instance, the release of the iPhone 17 caused the iPhone 16 Pro devices to be pushed off Apple's website. However, they are still available through many carriers. After being delisted, many Canadian carriers scoop up the remaining stock and offer it to customers until the river runs dry. 

Following the announcement of the iPhone 17 series, Apple discontinued its iPhone 16 Pro and iPhone 16 Pro Max, which, up until this point, were still available. The two devices are officially retired from Apple's website after being released on September 9, 2024.

Fortunately, many devices continue to support the latest iOS updates, long after being discontinued. iOS 26 was released on September 15, and all devices from the iPhone 11 and iPhone SE (2nd Gen) series support the software. 

Apple has a shortlist of "obsolete" iPhone products. Essentially, after being discontinued, devices then fall into the "vintage" category, where service and repairs can still be made. However, once a device becomes obsolete, there's no guarantee the device will operate as originally intended. Apple currently lists devices from the iPhone 6 era and prior as being obsolete.

How to get a cheap iPhone

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The easiest way to get a cheap iPhone is to shop around or purchase directly from your carrier.

Now that the iPhone 17 is almost out, you’ll find cheaper iPhone 16 and iPhone 15 models available directly from Apple or other retailers at reduced prices. If you want to buy an unlocked iPhone outright, this is probably the best time to get one.

Carriers also offer discounted iPhones to go with your phone plan. That said, don’t expect the iPhone 16 to have many trade-in deals as soon as the iPhone 17 releases. You’ll still be paying the full retail price. Carriers want customers to buy the newest devices with a new release, so any iPhone deals they offer will probably be limited to the iPhone 16 series. You can expect to find deals on older iPhones a few weeks later.

A great time to start looking for even more savings on the iPhone 16 is around Black Friday. Many carriers offer deals on virtually every device they have in stock, so you may find an iPhone 16 for free or even a deal that doesn’t require a trade-in!

iPhone 16 deals

Thanks to the introduction of the iPhone 17, you can find many iPhone 16 deals right now. Carriers are trying to clear out the remaining stock of iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max.

Check out our iPhone deals page for a full list of discounts you can find, or browse some of the most affordable deals below:

Grab a new plan for your cheap iPhone

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You don’t have to have the newest iPhone to experience fast data speeds. While the iPhone 17 might have all the new bells and whistles, the iPhone 16 can be just as fast if you have the right plan.

iPhone models from the SE (2022) through to the current models all support 5G. So, as long as you have a plan with 5G connectivity, you'll be able to take advantage of faster speeds on your device. Right now, you can find deals available on various networks.

Telus offers 100GB of full-speed data on its 5G network with its Complete plan. Telus has some of the fastest 5G speeds available and offers the largest 4G LTE network in the country.

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Rogers offers the most reliable nationwide network of any carrier. Its Infinite Essential plan offers upwards of 250GB of full-speed 5G data and unlimited talk and text. Truthfully, most people don’t need that much data. However, if you're endlessly scrolling through TikTok or gaming via that cloud on your iPhone, this could be a good option. Instead, you could try Rogers' MVNO Fido. Fido offers a much cheaper 50GB 4G plan on Rogers' network.

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Bell boasts some of the largest 4G LTE and 5G networks in Canada, as well as some solid unlimited plans, including the Elite 100 plan with 100GB. If you’re looking for something cheaper, Virgin Plus might be a good choice. It offers cheaper plans on the Bell network, which offers a hefty chunk of 4G data at a more affordable rate.

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