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E-bikes are no longer just specialty products. Their popularity has skyrocketed in recent years, and now even retailers like REI offer select models. The only downside is that they still tend to be expensive, often costing $1,000 or more. Electric scooters are also becoming more popular, but are far more affordable than bikes for similar mileage and are much easier to store. If you’re in the market for new wheels, you’re in luck: One of Walmart’s best-selling e-scooters just got a massive price cut — and less than you might expect.

The Kistp 550W electric scooter is now on sale at Walmart for just $359 – a whopping 70% off its regular retail price of $1,200. This folding electric scooter is on the rise at Walmart due to this limited-time sale and now ranks in the top 10 of the 250+ models available on the site. It has already received over 50 five-star reviews from satisfied shoppers who say it’s “easy to put together” and the fat tires “run hard” on various surfaces.

Kistp 550W Electric Scooter in Black, $359 (was $1,200) at Walmart

This e-scooter supports up to 265 pounds and offers plenty of comfort, power, and convenience. It features a large and well-padded adjustable seat, rubberized handlebars, and a place for your feet on the grippy deck or retractable footrests. It’s equipped with a 36-volt battery and 550-watt motor and can reach a top speed of 18 mph for up to 20 miles. 12-inch tires absorb shocks and provide a smooth ride, while front and rear disc brakes allow for lightning-fast stopping. But what stands out most is this scooter’s storage capacity: It has a mounted rear basket and a large removable middle basket that fits everything from corgis to groceries.

Buyers love this e-scooter for many reasons, but many are surprised by the immense value for money. “I really didn’t expect such high quality for the price,” said one buyer. “I was really surprised – it’s an incredible scooter.” Another buyer agreed, saying, “Best investment I’ve made in years… the whole family is enjoying this wonderful ride that we got at an incredible price!”

Related: Walmart is selling a $1,600 folding e-bike for $540, and shoppers say it’s an ‘absolute beast’ on the road

Others just love how easy and fun it is to ride. “Great scooter,” exclaimed one buyer. “Good for short trips to the shops, into town, to the parks, and just all around fun!” Another buyer who raved about the baskets noted, “What I like best about this scooter is the two baskets… they completely solved the problem I had with other models of not having enough storage space or difficulty securing the load.”

Whether you’re looking for an easy way to get around town or a college campus, or just looking for a fun new toy, the Kistp 550W Electric Scooter should be at the top of the list. This deal probably won’t last forever, so grab it soon.