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Google has just announced that it is cutting the price of its Nexus 4 in Australia, Canada, Germany, Spain, Korea, the United States, and the UK. The device now runs just $199 for 8GB of storage and $249 for 16GB in the United States. Previously, it was priced at $299 for 8GB and $349 for 16GB.

Even though the Nexus 4 was released nearly a year ago, it’s still very solid smartphone, and will continue to get updates directly from Google for a long time to come. The device is powered by a 1.5GHz Quad-Core Qualcomm Snapdragon S4 Pro processor with 2GB of RAM and an 8MP camera.

Google is expected to announce a new Nexus device sometime this fall, though exact details still remain up in the air. Some rumors point to Motorola manufacturing the device, while others claim that it will be LG again.

At the same price as many phones are on-contract, the $199 off-contract Nexus 4 is a great deal. It’s available on Google Play now and will ship within 1-2 business days, though that may change depending on demand.

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