Over the last few weeks, Motorola has unveiled several new smartphone lineups and the latest one was the entry-level Moto E series. Many are waiting to see the next-gen Moto Z series, but before the lineup goes official, the company has decided to get rid of the existing Moto Z phones.

The smartphone has officially received a price cut of $200 and is currently selling for $499.99 in the United States. That is for the unlocked, 64 GB variant, which was selling for $699.99 before the price cut. To buy the phone at a lower price, you need to apply the promo code MOTOZ200OFF during checkout.