EUR471,47
Apple iPhone 11
128 GB, White, 6.10", SIM + eSIM, 12 Mpx, 4G
Question about iPhone 11 - 645970
Not really a deal. Note that this device will at best get an update for another 2 years, then it's end of life.
You're right, of course, that these devices don't get as many years of updates as newer models.