OnePlus 6T bokehAntonio Villas-Boas/Business Insider

The latest smartphone from OnePlus is here, the OnePlus 6T, and with it comes much of the same formula that OnePlus fans love about the company’s devices.

Part of that formula includes a $550 price tag that’s seemingly too good to be true for a high-end smartphone with the same specs as smartphones that cost significantly more. There’s the $740 Galaxy S9 Plus, the $750 iPhone XR, the $1,100 iPhone XS Max, the $900 Pixel 3XL, the $720 LG G7, and the $950 LG V40. Although I should also note that some of these phones’ prices have been reduced from their original price tags at launch — the Galaxy S9 Plus that was released in March had an original price of $840, for example.

So, there has to be some fine print, right? Some kind of catch that explains why the OnePlus 6T is significantly cheaper than much of the competition. Indeed, there are features that the OnePlus 6T doesn’t have that its competitors do, which could help explain its lower price tag. 

Before moving on to show you what the OnePlus 6T doesn’t have compared to its pricier competitors, you’ll notice I largely mentioned the larger models of smartphone lineups above. I’m comparing the OnePlus 6T specifically to smartphones with larger displays rather than those with standard sub-6-inch displays. That’s because if you specifically want a smartphone with a smaller display, the OnePlus 6T with its 6.4-inch display wouldn’t be an option. 

The goal here isn’t to dissuade you from considering the OnePlus 6T for your next smartphone. With the knowledge below, you can make an informed decision whether or not you think it’s worth spending more on smartphones that come with these extra features.

Check out the features that more expensive smartphones have that the OnePlus 6T doesn’t: