HTC Desire 530 hits Verizon for a mere $144

Verizon has added high-end devices like the Galaxy Note 7 and Moto Z to its lineup of late, but the wireless carrier isn't leaving cost-conscious shoppers in the lurch. The company announced on Thursday the entry-level HTC Desire 530, which will land in stores on August 11. Preorders start today.

The Desire 530 will cost $144 without a contract. You can also pick it up on an installment plan for only $6 a month over the course of 24 months. The device will be offered in an exclusive blue color.

The phone's full specs are:

• 5.0-inch 720p LCD display
• Android 6.0 Marshmallow with HTC Sense
• 1.1GHz quad-core Qualcomm Snapdragon 210 processor
• 16GB of internal storage with a microSD card slot for expansion
• 8-megapixel rear camera with LED flash
• 5-megapixel front camera
• 2,200mAh nonremovable battery

CNET will have a full review soon. But in the meantime, shoppers in this price range should check out the Moto G4 and Blu R1 HD for comparison.

See our list of fantastic smartphones for the cost-conscious for other options.