Amazon offers the Cole Haan Men's Pinch Slip-On Penny Loafers in Burgundy from $57.03$56.94 with free shipping. That's the lowest total price we could find by $62, although most stores charge $158. They're available in sizes 7 to 13.
Nordstrom Rack takes up to 83% off select men's footwear. (Prices are as marked.) Shipping starts at $7.95, but orders of $100 or more qualify for free shipping. Size and stock availability for many styles is limited. A couple of best bets: