Apple's newest iPhone 15 range has only been around for a few weeks and retailers are already battling it out by slashing hundreds of pounds off the price. If a new phone is on your Black Friday or Christmas shopping list then you may want to stick around, as you could bag it for less than £120.
The whopping price drop is thanks to a unique way of tech shopping that'll get you the handset for just £4.99 a month, although there is a price to pay for the alarmingly cheap offer. It's through Affordable Mobiles who have added the flagship Apple model to its stock, with a rare lease deal.
Through Raylo Pay avid iPhone 15 shoppers will be able to get their hands on the phone for less than a fiver, paying just £4.99 a month on a set 24-month contract. And once it's over you can simply hand the phone back, at a time when many Apple fans may be looking towards the newest 2026 model anyway.
Of course, there is the option to upgrade if you want to keep using the phone, AffordableMobiles and Raylo Pay will charge you a total of £815.76 across the full contract. It works out as much as £600 cheaper than its closest rivals.
For instance, Vodafone will see shoppers pay more than £1,471 overall on its iPhone 15 deal, while Sky Mobile's 36-month contract comes to a total of £900, so it could be a no brainer for money-conscious shoppers.
While the deal is hundreds cheaper than the provider's we've mentioned above, the bargain price does come with a warning, especially if you damage the handset. If so, you'll be forced to pay upfront for any repairs on the leased phone, so clumsy mobile phone users may not have as much flexibility compared to taking out a network contract deal, as insurance won't cover it.