Best Buy has announced that the 8GB iPhone 3G will sell for only $149. What's the catch? These are refurbished devices. Similar 16GB models will sell for $249. Both of these deals represent a $50 savings over new retail prices.
All discounted phones will be sold with a 2-year service contract from AT&T and a standard one-year warranty. The devices will be in "like-new operating condition," meaning they have been returned by users within the 30-day trial period. Best Buy also offers an additional two-year Geek Squad Black Tie Protection plan.