Dennis is looking to get a Samsung Galaxy Note 3 for $150. Leo says that sounds like a subsidized price, and while he's saving the money up front, he'll be paying a lot more over the course of 2 years. Is the Note 4 better at $150 more? Leo says it's an amazing phone, as they all have been. Better screen and camera, and a faster processor. He's more likely to get updates for it.
If the Galaxy Note 3 is brand new, then it's an apples to apples comparison. If the $150 difference is an issue, then he shouldn't hesitate, and get the Note 3.