Used to frame a delay in a more positive light, suggesting that completion is still valuable. Sorry I'm late with your birthday present, but better late than never, right?
Pro Tip 2/3
Slight Apology
Implies a mild apology for not meeting a deadline or expectation. I know I missed the deadline, but I've finished the assignment—better late than never.
Pro Tip 3/3
Casual Use
Commonly used in casual or informal settings rather than formal communications. Finally watched the movie you recommended—better late than never!