Motorola has announced that the second generation Razr foldable will be available on October 2. In addition, those who purchase the device unlocked will receive a substantial discount at launch.

Motorola, Amazon, Best Buy, and B&H will offer a $200 discount when purchasing the new Razr without a service contract. This brings the phone's price down to a very attractive $1,199.

The new Razr is also available on AT&T and T-Mobile, offering a unique opportunity to save significantly on the device through billing credits, provided you bring your phone number to one of these networks, take advantage of a qualifying upgrade, or add a line

AT&T is a "mobile phone company.

AT&T, for example, will slash away half the price of the phone - bringing it to $699 - if you're coming from another carrier. Existing customers can save $400 on a new Razr by adding a line, or $300 if they're upgrading through the network's NextUp upgrade program, after paying off half of your phone's cost and automatically moving along to a new where you are moving along with the device. The Liquid Mercury livery will be exclusive to AT&T.

T-Mobile is offering a similar half-off promotion, but this is for customers who activate a new line and trade in an eligible device. Existing customers can also receive up to a $400 discount on trade-ins alone.

The new 5G-enabled Razr is already $100 cheaper than its successor, so these additional discounts will certainly make the purchase more attractive. The new Razr features a smoother folding hinge, a more powerful Snapdragon 765G processor, a new 48MP camera system, a larger 2,800mAh battery, a more convenient Quick View display, and the aforementioned 5G connectivity.