Apple finally updated the iPad Mini - here's how much the new and old model cost

New device releases mean price drops on the older models as retailers offload their old stock to make way for the new.

In this case, the iPad Mini 5’s surprise launch provides a good opportunity to snatch up a 4th-generation Mini at a discount, as Apple hardware doesn’t often go on sale and the Mini 4 is being officially discontinued.

The 7.9-inch iPad Mini 4 was released in 2015, so it’s very old with an out-dated processor that won't last as long. We don't recommend you buy it, but if you must consider it, here are the prices.

You cans still grab an iPad Mini with 128GB of storage for around $340 to $350 right now, which brings it a bit closer in price to the standard 2018 iPad. We think you should get the 2018 iPad if price is your main concern, because it has newer tech inside than this ancient Mini.

iPad Mini 4 7.9-inch (Wi-Fi only)

• Amazon: $299 (128GB)
• Walmart: $299 (128GB)
• Best Buy: $380 (128GB)

iPad Mini 4 7.9-inch (Wi-Fi + cellular LTE)

• Amazon: $528 (128GB)
• Best Buy: $530 (128GB)

*Prices may vary as iPads go on sale.

Check out our full breakdown of every iPad price

The full-sized 2018 iPad has a slimmed-down design, solid hardware, great Retina display, easy-to-use software, and a very reasonable price. It is simply the best iPad for most people.

The iPad is also surprisingly affordable for an Apple product, starting at $330. If you're lucky to catch it on sale, the iPad fairly frequently drops down to an even more attractive price of $250 or so. It's a much better buy than the old Mini 4.

iPad 9.7-inch (Wi-Fi only)

• Amazon: $318 (32GB), $329 (128GB)
• Apple: $329 (32GB), $429 (128GB)
• Best Buy: $329.99 (32GB), $429.99 (128GB)

iPad 9.7-inch (Wi-Fi + cellular)

• Amazon: $459 (32GB), $529 (128GB)
• Apple: $459 (32GB), $559 (128GB)
• Best Buy: $459.99 (32GB), $559.99 (128GB)

*Prices may vary as iPads go on sale.