With a new 2-year contract, AT&T offers the refurbished Apple iPhone 4S 32GB Worldphone in Black (pictured) or White for $249.99 with free shipping. It’s the first time we’ve seen a refurbished iPhone 4S, and it’s $50 under the lowest total price we could find for a new unit. Sales tax is added where applicable. The iPhone 4S is powered by the Apple A5 dual-core processor and features a new 8-megapixel camera which is capable of recording 1080p video at 30 fps with image stabilization. A dual-antenna system has also been added, which purportedly provides faster downloads and improved call quality on both CDMA and GSM networks. It also features AirPlay Mirroring, Siri voice-activated assistant, an 8-hour battery life, and more.

Alternatively, get the 64GB version in Black or White for $349.99 with free shipping. (Click “View All Devices” under Shop Wireless to find it.) That’s also $50 under the best we could find for a new one.

Of note, no warranty information is available for either model.