World Music Supply offers the Washburn XM Series Electric Guitar in Black, model no. XM120EPROB, for $249.99 with free shipping. That's the lowest total price we could find by $249. It features a basswood body, maple neck, rosewood fingerboard, 24 frets, 3-way pickup toggle switch, and volume and tone control knobs.

Need it for Christmas? Choose FedEx 2-Day shipping for around $16 to guarantee delivery.