The smartphone market is full of mobile phones that suit the different budgets. Here are some of the best smartphones under $500 that customers can buy.

Nexus 6P

The launch of the Google Pixel and the Google Pixel XL may have reduced the demand for the Nexus 6P but it still features powerful specs to impress many customers.

Launched at the end of September 2015, the Nexus 6P boasts a 5.7-inch screen with a display resolution of 1,440 x 2,560 pixels. A Qualcomm Snapdragon 810 processor and 3 GB of RAM power the Google phone.

The 32 GB / 64 GB / 128 GB models of the Nexus 6P is available in the United States via Amazon for $469.99 / $598 / $599.

It is worth noting that being a Google phone, the Nexus 6P will be among the first devices to get future Android updates.

iPhone 6

Apple launched the iPhone 6 in September 2014. The popularity of the device may have decreased after the release of its successors but the phone still packs a punch.

The iPhone 6 features a 4.7-inch screen with a display resolution of 750 x 1,334 pixels. Under the hood are an Apple A8 processor and 1 GB of RAM.

Apple has discontinued selling the phone from its official website but the iPhone 6 is available to customers via other retailers.

Walmart is offering the Straight Talk Apple iPhone 6 (16 GB) Prepaid Smartphone for $399.

OnePlus 3

Launched in June this year, the OnePlus 3 is one of the most powerful handsets available in the market under $500.

The phone has a 5.5-inch Full HD display with a resolution of 1,920 x 1,080 pixels. It comes running on a Qualcomm Snapdragon 820 processor. The OnePlus 3 is currently among the handful number of devices with 6 GB of RAM. The OnePlus 3 offers 64 GB of internal storage.

In the United States, the phone is available for $399.

Moto G4

Motorola released the Moto G4 in July this year. The phone comes with a 5.5-inch screen with a display resolution of 1,920 x 1,080 pixels. The Moto G4 comes with a Qualcomm Snapdragon 617 processor and 2 GB of RAM.

Amazon is selling the 32 GB / 64 GB variants of the Moto G4 for $199.99 / $229.99.

Huawei Mate 8

Huawei is making its presence felt in the United States with its premium phones. The Mate 8 boasts a 6-inch screen with a display resolution of 1,920 x 1,080 pixels.

It runs on a HiSilicon Kirin 950 processor and 4 GB of RAM. The Mate 8 is available with 32 GB / 64 GB / 128 GB internal memory options. Amazon is selling the 32 GB Mate 8 for $434.99.

Nexus 5X, iPone 5s And Moto G4 Plus

Apart from the above, many other handsets are available under $500 such as the Nexus 5X for $294.94, the iPhone 5s for $149 and the Moto G4 Plus for $299.

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