Smartphone buyers looking to purchase a new handset can make great savings on the LG G3. Best Buy is offering the Sprint and Verizon LG G3 for just $1 on a two-year contract plus a $100 or $200 gift card.

LG launched its flagship handset of 2015, the LG G4, in April this year. The handset was already released in Korea last April but customers in the U.S. had to wait until June this year to get their hands on the handset. All major carriers in the U.S. are offering the handset.

It is normal that the launch of a new flagship smartphone results in a price drop for its predecessor and the same has happened with LG G3. Best Buy is offering the LG G3 for just $1 on a two-year contract. Additionally, the retailer is also offering gift cards worth $100 if the connection is taken via Verizon and $200 if the LG G3 has a Sprint connection.

Best Buy is offering the LG G3 in three color options from both Sprint and Verizon. Shine Gold, Metallic Black and Blue are the color options from Sprint. From Verizon customers can opt for a Metallic Black, Blue or White LG G3.

Best Buy is also offering a $200 gift card for customers who do not want a lengthy two-year contract. The $200 gift card is also available to customers if they take the LG G3 with a monthly installment plan for Verizon Edge, AT&T Next or Sprint Easy Pay.

The LG G3 is the company's flagship handset for 2014 but the smartphone still packs in impressive hardware specs that can attract many buyers even today.

The smartphone has a 5.5-inch Quad HD IPS display with 1,440 x 2,560 pixels and 538 ppi, which provides incredibly crisp viewing experience to customers.

The LG G3 has a 13MP primary camera and a 2.1MP front-facing camera. The laser-autofocus in the camera helps in capturing great snaps. Optical Image Stabilization (OIS) in the smartphone's camera also reduces blurry photos that result from shaking.

The release of LG G4 may deter some customers from the LG G3. However, a cheap price tag of just $1 may still attract many customers to the LG G3.

Photo: Karlis Dambrans | Flickr

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