Comment by otterley

It makes a lot more sense to purchase one if you consider their residual value when you sell it to upgrade later. A typical Android phone depreciates much more quickly than an iPhone. My three-year-old iPhone 15 Pro is still worth $500 or more on the open market--about half of what I spent. That's only $166/year.

The downside is that you need more money up front to purchase it.