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NEW YORK (MainStreet) – Any time a new version of a gadget is released, the old device gets marked down – just look at the original iPad, which has dropped considerably in price since the iPad 2 came out. Today’s announcement of a new Barnes & Noble Nook is similarly a harbinger of price cuts.

The new compact e-reader is the successor to the original black and white Nook, and as such that original (Wi-Fi-only) Nook has been marked down from $149 to $119, just $5 away from matching the price of Amazon’s Kindle with ads. But the Barnes & Noble website doesn’t actually have the best price on the old e-reader. If you head over to eBay, Barnes & Noble is selling the Nook there for a full $20 cheaper, just $99. It ships for free, and since it’s being sold by the retailer itself, there’s no concern here about scams.

That’s a crucial price drop for people who were waiting for e-readers to drop below $100 (and didn’t want to get Borders’ Kobo e-reader). Of course, if you’re the type who always wants the latest technology you’ll likely go for the new version of the Nook, which comes with a touch screen. But if those sorts of bells and whistles don’t excite you, and you just want a tried-and-true e-reader that will let you read books, head over to eBay and pick one up. Make it fast though, as quantities are limited.

Don't want to spend too much? Check out our Deals & Steals hot topic for more bargains. Don't want to spend anything at all? There's plenty of Free Stuff to be had as well.

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