Update 10/4/14: The price has now dropped another $35 to a very low $214.99. The phones are still available in black and silver, while blue is sold out.
If you need a great phone and aren't interested in a contract, but you're willing to compromise on what's technically the cutting edge, you're in a good position to save a bit of money. For example, take this perfectly good 32GB HTC One M7 (that's the one before the one they're selling now).
[Update: Now $215, $35 Cheaper] Deal Alert: Unlocked, Refurbished 32GB AT&T HTC One M7 For $250 At eBay was written by the awesome team at Android Police.