Samsung Galaxy Y Smartphone now down to £4.59 per month!

E2Save Mobiles, a subsidiary of Carphone Warehouse, sells the Samsung Galaxy Y on TalkMobile for a mere £4.59 per month. That’s an initial £7.50 per month on a two year contract with an automatic £70 cash back.

That equates to a total cost of ownership of £110 over the duration of the contract, a bargain given that the smartphone sells for a whopping £83 at the same retailer.

The deal from the Vodafone MVNO is also quite decent. It includes 250 minutes, 5000 texts and 500MB data, enough for a medium user.

The phone comes with a 3in 320 x 240 pixel display, with Android 2.3 Gingerbread, a Qualcomm Snapdragon SoC clocked at 832MHz, a microSD card slot, 160MB onboard storage, 256MB of RAM, up to 380 minutes talk time, a 2-megapixel camera, GPS, Wi-Fi and TouchWiz UI.

Other features include Bluetooth connectivity, SWYPE, an FM radio, social network integration and more. You can check out our review of the Samsung Galaxy Y here.

We previously reported on a similar deal from Talk Mobile but this one is way better because the tariff is cheaper, has more of everything and is available for everyone (the previous one was only valid for Talktalk customers).