Apple announced its new iPhone 7 and iPhone 7 Plus devices today. And like every year, that means… Discounts!

Apple has lowered the starting price of last year’s flagship devices by $100. The current iPhone 6s and iPhone 6s Plus now start at $99 and $199 (on contract), respectively. Oh, and Apple has doubled the base storage to 32GB, so you can get more space even if you’re not buying the latest and greatest phones.

The company has also discontinued the iPhone 6, iPhone 6 Plus, and iPhone 5s. You’ll still be able to get those phones if you look hard enough, but not through any official channels.

If you’re not interested in this year’s phones, now is the time to get a “new” iPhone without paying the premium for the latest and greatest. Exact pricing will vary depending on your country, taxes, and whether you’re buying directly from Apple or from a carrier.

As of today, here is the new iPhone lineup:

Screen Shot 2016-09-07 at 2.48.01 PM

All of these phones can be upgraded to iOS 10, which Apple is releasing on September 13. That’s extra incentive for buying 2015’s models.

At last year’s September event, Apple debuted the iPhone Upgrade Program, which lets you get a new unlocked iPhone every year directly from the company rather than from your carrier. Here are the prices for the current iPhone lineup on a monthly basis:

Screen Shot 2016-09-07 at 2.48.10 PM

So if you used the program to get an iPhone 5s last year, you’ll get an iPhone SE this year. If you used the program to get an iPhone 6s Plus, you’ll now get an iPhone 7 Plus. The same rule applies to all five tiers.

If you can afford it, you’re probably better off simply buying a new phone upfront. It’s almost always better to handle the reselling and purchasing yourself. If, however, you’re looking for convenience, or just don’t like paying your carrier, then the iPhone Upgrade Program is a decent option.

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