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  The new Nokia Lumia 800 smartphone.

The Nokia Lumia 920 release date landed earlier this month, and that has now led to the former flagship 800 model's price being chopped at various retailers.

The overseas retailer known as Phones 4U is offering the Nokia Lumia 800 for £116 which is equal to $185 U.S.

Customers will be able to take advantage of this deal by visiting their local retailer and opting to retain their current Pay-as-you-go SIM. This will then make them eligible for the discounted price on this product.

Phones4U carrys the Nokia Lumia 800 in various colors including black, white, magenta, and cyan.

This price also makes the Lumia 800 cheaper than lower end models including the 710 and 610.

The 800 comes with 16GB of internal storage, a 1.4 Snapdragon processor, and 8-megapixel rear shooter.

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It also features the same type of body as the 920 that employs uni-body polycarbonate casing and a curved display.

The Nokia Lumia 920 launched on AT&T on Nov. 9, and is Nokia's first Windows 8 Phone in the U.S. market. The device was first unveiled by the company in September.

Nokia hopes to capitalize off Microsoft's latest operating system and make itself a valid competitor to Apple and Samsung.

Verizon is also rumored to be a carrier that will offer the Lumia 920 in the future; however, this has not been confirmed by either Nokia or Verizon. If AT&T grabbed a 3-month exclusive with the handset, no other major American carriers will have the Lumia 920 until 2013.

The Nokia Lumia 920 features a brightly colored plastic body and a spring mounted 8.7-megapixel camera. It also comes with new software called City Lens that displays the names of restaurants and shops when users point the camera in their direction.

Other features on the handset include Windows Phone 8, and a 4.5-inch screen.