You can also pretty easily resell the iPhone after two years to recapture at least a third of the MSRP.
Pretty much all Apple products have excellent resale value (around here, anyways).
I went with the SE myself because it’s the only normal sized phone that’s actually good. It seems these days all you can buy in the high end range are phablets.
It's a bit frustrating because the plastic wrapped battery is packed in the phone and the instructions don't tell you that. (I've gotten emails where they talk about mailing battery issues so I wondered if it even came with one or that would arrive separately.)
Getting the back cover off is kind of hard. I didn't want to break it in the first 5 minutes. There's an unhelpful unboxing video on youtube because it didn't include set up but I finally found one where they pried it off with a guitar pick.
There's also a youtube video of someone playing video games on it. Like, why? Gaming on a 5" screen is painful enough, for me anyway.
No plans to carry it anywhere except my pocket.