Walmart offers the Celestron PowerSeeker 70AZ Telescope, model no. 21036, for $37.86 with free shipping. That's a buck under last year's mention and the lowest total price we could find by $42. It features slow motion controls for smooth tracking, 90-degree erect image optics, 5x24 finderscope, 100x magnification, and 70mm aperture.
Update: The price has increased to $39.97. Despite the increase, it's still a price low by $40.