At its highly anticipated launch announcement on Wednesday, Apple revealed its next-generation iPhone 7. The price—$649—is the same as for the previous flagship, but if you’re willing to prioritize cost over cool, you can now save a bundle on last year’s iPhone 6S.
The same strategy works for other gadgets like computers, tablets, and e-readers. So before you spend top dollar on the latest and greatest tech gear, take a look at last year’s latest and greatest. You’ll compromise very little and save a lot.