UPDATED: Palm Pre now $99 at Best Buy

Likely because a) sufficient funds have been obtained from early adopters, and b) the dirt cheap $99 iPhone 3G is making it hard for people to switch to something new, Best Buy has lowered the price of the Palm Pre to $99.99 for those who purchase it on contract, a savings of $100. What’s more is that that pesky $100 mail-in rebate won’t have to be dealt with as Best Buy already has you covered where that’s concerned. But back to that $99.99 price tag. So far there is nothing to indicate that this new price-point is going to remain permanent, but for the sake of everyone involved we certainly hope that a $99.99 Pre is the new norm.

UPDATE: Best Buy’s John Bernier has Tweeted that the $99.99 Pre is an error and is “being corrected.” Anyone out there manage to get a Pre on the cheap?

Tags: Best Buy, Best Buy Mobile, exclusive, Palm, pre, Retail, Sales, Sprint, webOS