The iPhone X is a gorgeous device that exudes premiumness thanks to its striking bezel-less design and flowing edge-to-edge OLED display. It is powered by the lightning fast A11 Bionic processor and comes with future forward AI tricks, excellent build quality and wireless charging. The problem is that all this indulgence comes at a cost – almost one lakh rupees. However, you can get your hands on the iPhone X for as low as Rs 26,700 – if you avail Reliance Jio’s buyback scheme.
On first glance the offer seems too good to be true – and some way it really is mouthwatering. After all, Jio is ready to give back close to 70 percent of the MRP of the iPhone X – close to 70,000 rupees. However, as the popular saying goes – there are no free lunches in the world – this scheme comes with its own set of caveats and terms and conditions.
Jio’s scheme comes with its own set of caveats and terms and conditions.
First of all you have to give the iPhone X back after a year to be eligible for the buyback. And the phone needs to be in mint condition. This offer is surely not for butter fingered people. Secondly, you have to opt for a compulsory Rs 799/month plan which gives you 90GB (3GB per day) of 4G data and unlimited calling. You can also pay Rs 9,999 in one go at the time of enrollment and get voice/data services for a whole year.
Remember, you will have to pay the entire Rs 89,000 (or Rs 1,02,000 of you are opting for the higher-end 256GB variant) in one go whilst buying the iPhone X. You cannot just pay Rs 26,700. You will receive Rs 62,300 back when you return the smartphone after one year – that too if you have successfully met all of the above terms of the agreement.
Now, pessimism aside, the offer is pretty lucrative if you are fine with the fact that the iPhone X will never truly be your own and that you will have to take pretty good care of it. The monthly commitment (Rs 799) is a little steep however the amount of data on offer is very generous. Plus the offer makes perfect sense for gadget junkies who like updating their smartphones every year or so.
This offer makes perfect sense for gadget junkies who like updating their smartphones every year or so.
However, you have to keep in mind that iPhones as a general rule of thumb have terrific resale value. Also, most iPhone users tend to use their smartphones for at least two years. Some even use them for three or four years – the phones do have the chops to last that long in terms of build quality.
Even after two years, an iPhone can fetch a respectable amount of money in the second hand market – thereby reducing the initial investment considerably. Buying the iPhone X outside of the scheme also gives you the flexibility to opt for whichever plan you want (spend less than Rs 799 per month if you wish) and also switch network operators if need be.
How to avail Jio’s offer
The buyback offer is valid for iPhone X’s bought from Reliance retail stores, Jio.com, MyJio or Amazon.in (only via seller Reliance Digital though). At the time of writing this article, Jio.com is no longer selling the iPhone X outright. Instead, there is a register link which will inform you when the smartphone comes back in stock.
However, you canstill buy the phone from any of the other options listed above and enroll your smartphone for the buyback offer. You can enroll anytime before 31st December, 2017. To enroll, you have to follow these steps:
1. Visit Jio.com
2. Locate the ‘iPhone X 70% buyback’ banner in the homepage
3. Click on ‘Enroll for buyback’.
4. Enter your iPhone X’s IMEI number and your mobile number
5. Click on ‘I accept terms & conditions’ and then on ‘submit’ at the bottom of the page.
6. Voila. You are done. Now make sure you take good care of your iPhone X so that it remains in ‘mint condition’.
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