If you're looking to buy an Android phone, now’s a good time: Both Verizon and Sprint are offering Moto X for $0.01.

Verizon has begun offering Moto X for – almost free — $0.01. According to Amazon, customers can bag the smartphone for a cent paired with Verizon’s two-year standard contract.

When Google purchased Motorola, everyone was thinking about the Search Giant’s next move. Afterwards, Big G and Motorola came up with Moto X— a phone for lazier – since then, 500,000 Moto X units are sold. The manufacturing unit is creating 100,000 Moto X in a week with a planning to sell 5.2 million units annually. Motorola is taking advantage of the Moto X’s excellent features and specs to push the brand to people looking for a mid-level handset.

The phone was launched at $199 for the 16GB model and $249 for the 32GB, respectively. Now, Verizon has come up with a gift; offering Moto X at $0.01 with a new two year contract. However, the AT&T variant of the Moto X still costs $49 with a two-year contract. Noticeably, Moto X for Verizon is the first device to get the Android KitKat 4.4 update.

Moto X Accents

Verizon has already offered similar deals on Samsung and HTC handsets to drive traffic to those specific products before, but not Motorola’s smartphones after owned by Google. Sprint is also giving away the colorful phone at the same price. In order to get the lower price, you must sign a two-year contract with the carrier at the time of purchase.

The Moto X features new Motorola X8 Mobile Computing System based on Qualcomm Snapdragon S4 Krait CPU Pro with a 1.7 GHz dual-core processor and Adreno 320 GPU. It boasts 4.7-inch HD AMOLED display resolving 1280 × 720 pixels at 316 ppi, 10MP rear camera and 2MP front camera, 2200 mAh battery with up to 24 hours of autonomy, and two years of free 50GB storage on Google Drive.

As this is a promotional offer by Verizon, nobody knows, how long this deal will last. So, are you planning to gift a smartphone on Thanksgiving Day?

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