Microsoft has announced that 500GB Xbox One consoles are now only $249.99 starting immediately and while supplies last. This drop in price is probably due to Microsoft recently announcing the Xbox One S, which launches this August.

XboxOne249HEROPlease note that this price drop is valid on 500GB bundles that include the Special Edition Quantum Break bundle and the Gears of War: Ultimate Edition bundle. This also includes the Name your Game bundle which allows you to select form one of four blockbuster titles such as Rise of the Tomb Raider, Rare Replay, Forza Motorsport 6 or Gears of War: Ultimate Edition. These are some of Microsoft’s biggest and best blockbuster games and makes this new $249,99 price very attractive indeed.

Retailers such as Amazon and GameStop will be changing their prices soon to reflect the new price point, so if you haven’t purchased an Xbox One yet now is the best time to get a brilliant deal.

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