Acer today announced the launch of a new Chromebook, although those familiar with the company’s current C7 Chromebook will already be familiar with the new model. Apart from a drop from 4GB of RAM to 2GB, the only difference between the old C7 Chromebook and the new Chromebook C720-2848 is the price. Dropping down from 2GB of RAM also brings the price down to $199, down from the $249 Acer charges for the old 4GB model.

Otherwise specs remain the same: an 11.6-nich 1366 x 768 display, dual-core Intel® Celeron® processor, 16GB SDD, and three USB ports. The old model is still for sale, but now Acer officially has one of the most affordable Chromebooks on the market with its new $199 option. It’s already available on BestBuy and should hit other outlets shortly.