Skip the iPhone 18 Launch — Buy These Refurbished iPhones Instead

Apple's iPhone 18 Pro event is four days away. Rumors put the starting price at $1,249–$1,399 — up to $300 more than the iPhone 17 Pro you can already buy refurbished for ~$1,026.

We've said it before: buying a brand-new flagship at MSRP is the worst deal in smartphones. The iPhone 18 launch is the perfect moment to prove it with real numbers from our price database.

The math: new iPhone 18 vs refurbished last-gen

If you spend…You could get (excellent refurb)Savings vs iPhone 18 Pro MSRP
~$725iPhone 16 Pro (27% off $999 MSRP)~$524–$674 less than rumored iPhone 18 Pro
~$577iPhone 15 Pro (42% off $999 MSRP)~$672–$822 less
~$319iPhone 14 (60% off $799 MSRP)~$930–$1,080 less

The iPhone 16 Pro runs the A18 Pro chip with a titanium frame, Action Button, and Camera Control. The iPhone 15 Pro adds the first USB-C Pro iPhone with a still-excellent camera stack. Both do 95% of what an iPhone 18 Pro will do for daily use — at 40–55% lower cost.

Our top picks by budget

Best Pro under $750: iPhone 16 Pro (~$725)

The iPhone 16 Pro is one generation behind but not a legacy phone. You get:

  • A18 Pro chip (still flagship-fast)
  • 48MP main camera with 5x telephoto on Pro Max sibling
  • Camera Control button and Action Button
  • Apple Intelligence support

At 27% off MSRP, it's in our weak-to-fair depreciation tier today — but the iPhone 18 launch should push it toward fair (40%+) within months. Buying now locks in a price that may not last.

Best Pro under $600: iPhone 15 Pro (~$577)

Our iPhone 15 Pro refurbished guide already made the case: at 42% off MSRP, this is the Pro iPhone value champion.

  • A17 Pro chip handles everything except the most demanding future AI features
  • Titanium build, USB-C, ProMotion 120Hz
  • Excellent camera system with 3x telephoto

TechShave classifies 42% off as "fair" depreciation — approaching "good" (55%+). For a phone that launched at $999, ~$577 excellent is the kind of deal timing guides tell you to wait for.

Best iPhone under $350: iPhone 14 (~$319)

If you don't need Pro features, the iPhone 14 at 60% off MSRP is in our good depreciation tier:

  • A15 Bionic still smooth for everyday apps
  • Solid dual-camera system
  • Years of iOS updates remaining

Budget wildcard: iPhone 16e (~$401)

Apple's budget lane — A18 chip, single camera, no ProMotion — at 33% off a $599 MSRP. Not as steep a discount as the iPhone 14, but you get modern internals and longer software support runway.

Side-by-side: the phones worth comparing

Why not wait for the iPhone 18?

Fair question. Buy the iPhone 18 Pro new if:

  • You need the variable-aperture camera or A20 Pro performance on day one
  • You're trading in a device that offsets the $1,300+ price
  • You want the smallest Dynamic Island and C2 modem first

Buy refurbished last-gen if:

  • You want Pro performance under $750 today
  • You agree that phones depreciate fast and you'd rather let someone else eat the launch premium
  • You're shopping on the comparison table and filtering for good or strong depreciation tiers

The iPhone 17 Pro is also an option at ~$1,026 — but at only 6.6% off MSRP, you're paying nearly full price for a phone about to become "last gen." We'd skip it unless you specifically want the newest slab before the 18 lands.

How to buy

  1. Open the phone finder — set budget, pick excellent or very good condition
  2. Compare savings % on each model page — look for fair (40%+) or better
  3. Check price history to confirm the curve isn't spiking (our iPhone 15 Pro data shows occasional listing-mix bumps)
  4. Buy Renewed through our tracked Amazon links

Bottom line

The iPhone 18 Pro will get the headlines on September 9. The iPhone 16 Pro at ~$725 and iPhone 15 Pro at ~$577 will get you the better deal.

Don't preorder a $1,300 phone when last year's Pro is sitting on the refurb market at half the price. That's the entire point of TechShave.