Xiaomi's India branch is offering discounts as fast as Manu Kumar Jain can tweet about them. The one that caught our attention is this Pocophone F1 buyback program. The attention-grabbing headline is that it drops the cost of ownership to INR 5,800 - $78/68. That's insane, yes, but there's a catch. You go and buy the phone from Flipkart at the (almost) full price of INR 21,000 (a small discount is applied). Then, in 6-8 months when the new Pocophone becomes available, Flipkart will buy your old model for INR 14,700. That's for the 6/64GB model. Here's another look at the math in tabular...
Source: https://www.gsmarena.com/deal_pocophone_f1_for_75_off_and_a_catch_f2_coming_in_half_a_year-news-33678.php