Deal: Pocophone F1 for 75% off (and a catch), F2 coming in half a year

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...