Image Courtesy Lenovo

One of the best ways to save money on a PC is to purchase an older model as it is being phased out for a newer one. Sure, it may not have as much performance as the newer machine but generally, the amount you save more than makes up for the performance you lose. Of course most PCs made in the last two years are more than enough for the average user. With this in mind, NewEgg is offering the Lenovo IdeaPad U400 for just $500. This is Lenovo’s 14-inch ultraslim laptop before it was converted into Intel’s new more lenient ultrabook standards. It features an Intel Core i3-2330M dual core processor, 4GB DDR3 memory, 500GB hard drive, DVD burner, 14-inch display, AMD Radeon HD 6470M graphics, 802.11b/g/n wireless and Windows 7 Home Premium all in a frame that is less than an inch thick. An excellent choice for any student on a budget looking for a compact all-around laptop.

Disclaimer: All deals are those advertised by the retailer in question and may have rebates or other conditions of purchase for the products. Please be sure to read all disclaimers from the seller before purchasing.