Best Buy offers an iPhone 6s for just $1

Best Buy has initiated a new promo for all customers to purchase an iPhone 6s, , just in time for the holidays a 16gb iPhone 6s costs only $1 now. The customer however has to get it with a contract from either Verizon or Sprint.

Still, the on-contract price of this handset is normally $199, so this $198 price cut isn’t something to take lightly. All four colors of the phone are available, and the deal is valid until Sunday both online and in-store. And if you trade-in an iPhone 5 or newer model when you buy the 6s, the retailer will even throw in a $200 gift card.

The iPhone 6 is also available for the same $1 price, but it’s unclear why anyone would prefer it over its successor.