Update: The 16GB is now sold out but you can grab a 32GB model for $639 with free shipping.

Ebay has the new iPhone 5c in all colors for $539. that’s $10 off but tax is only tabulated in New York State. ┬áIt features an Apple A6 processor, 4″ 1136×640 Retina display, 8-megapixel iSight camera, 1.2-megapixel FaceTime HD camera, 1080p video capture, 802.11n wireless, Bluetooth 4.0, and dual microphones.

Pair it up with T-Mobile’s incredible $30/month unlimited data/text plan (with only 100 talk minutes, throttled at 5GB) and you are beating the system.

Screen Shot 2013-09-28 at 10.30.37 AM

A little math: $539 iPhone+$1 SIM + $720 ($30/month x 24 months) = $1260 = $52.50/month total including the iPhone.

For those who would like to put off their payment: If you are new to Sprint, they will knock $100 off the price and give you the iPhone 5c for free with a new 2 year plan.