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iPhone 5c hits new low price: $1 with trade-in at Best Buy

The iPhone 5c is available for less than ever: Best Buy is selling the Apple device for $1 when users trade in any working smartphone on Friday and Saturday.

To get the deal on the iPhone 5c, users must sign up for a two-year service contract and trade in any working smartphone that can power on and has no screen cracks or water damage.

Additionally, the retailer said that "if a customer’s smartphone is worth more than a guaranteed credit, they will receive the positive difference in the form of a Best Buy gift card."

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This is the second major deal on the iPhone 5c this week. On Wednesday, Wal-Mart said it was dropping the price of the device to $27 with a two-year contract.

Additionally, Target is offering the iPhone 5c for $50 with a two-year contract. That deal includes a $50 Target gift card.

[For the Record, 12:50 p.m. PST Dec. 13: An earlier version of this article stated that consumers could get a $50 gift card when they purchase an iPhone 5s or 5c and other devices from Best Buy between Sunday and Dec. 24.

Best Buy said new wireless service customers can get $50 off when they purchase any new smartphone except for the iPhone 5s and the iPhone 5c. The deal is valid from Sunday through Dec. 21.]

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