How long should I wait for a price drop?

[AC Question]

This may not be the place to ask, but I'm not sure since I'm not much of a phone person, but I've been looking into getting a Motorola Droid Turbo 2 recently. Currently, an off contract one costs about $500. I was just wondering how long it would possibly take for a price drop, or even possibly a similar phone for cheaper.

 

[Almeuit]

Usually phones get price drops anywhere from 3 to 6 months after release. Especially around certain events (holidays) and stuff.