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Where to pick up an iPhone for $259

(Source: Getty)
(Source: Getty)

Australians will be able to walk into their nearest Coles and pick up a refurbished iPhone 7 32GB for $259 starting from this Wednesday.

The major supermarket has partnered with Boost Mobile to bring shoppers the affordable package, which includes the iPhone as well as a $10 Boost Mobile SIM.

But the phone isn’t locked to the Boost SIM, leaving Aussies free to snap up the iPhone and use their own existing SIM.

The phone comes data-wiped, and has undergone a 72-point inspection process to ensure it comes in excellent condition and is genuine.

The device is Australia-compliant, and also comes with a 30-day satisfaction guarantee and 12-month warranty.

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The iPhone 7 will also have a 12 megapixel back camera, a 7 megapixel front camera, fingerprint scanning, and Siri.

But some Aussies won’t be able to access the deal for a while; the deal is available to “all” Coles stores across Australia from Wednesday 4 November except for Victoria and Queensland, according to the supermarket.

“We are looking at opportunities to source more stock later in the year for our Victorian and Queensland customers,” a Coles spokesperson told Yahoo Finance.

You also won’t be able to access the deal on Coles Online, either.

The deal was designed to provide Australians with more affordable choices as smartphone prices skyrocket past the $2,000 mark in some instances, Coles general manager of non-food Jonathan Torr said.

“This partnership with Boost to offer quality refurbished smartphones is another great way we can deliver value for our customers in a more sustainable way.”

Boost Mobile founder Peter Adderton said the partnership allowed Coles to take refurbished smartphones into the mainstream.

Shoppers keen on the deal will have to move fast: the $269 price tag is promotional and will only last until Tuesday 10 November, at which point the ‘normal’ price of $299 will kick in.

The deal will aim to draw more customers to Coles stores in a new move that is likely to spur competition between rivals Woolworths and Aldi.

In August, Aldi announced it was committing to 100 per cent renewable energy by 2021, prompting Greenpeace to call on Coles and Woolworths to match the goal.

Supermarkets are strong performers amid Covid-19

Coles’ sales revenue surged by 10 per cent, or $9.6 billion, in the first quarter of the 2020-21 financial year, driven by Victorians in lockdown.

Aussies were on a cooking and cleaning spree, snapping up baking mixes, herbs and spices, flour, cleaning goods and dishwashing products.

But shoppers were also drinking more, with sales in the liquor division rising by 17.4 per cent to $852 million.

Woolworths’ share price is also up by 45 per cent in the last three years, but it does, however, have a high level of debt among some other risks, Simply Wall St has warned.

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