Back at the end of October, Lenovo announced a number of new IdeaPad laptops, one being the high performance IdeaPad Y550p. It finally popped up on their site recently for purchase, and even better it is on sale.

Like a muscle car from the days of yore, Lenovo took their Y550 and stuffed Intel’s latest speed demon processor in it: the quad core Core i7. While the “base speed” of the chip may only be around 1.6GHz or 1.73GHz, Intel’s nifty “Turbo Boost” feature (unrelated to the dismal Flash-cache tech that debuted for Vista) can boost single core speeds up to a massive 2.8-3.06GHz. We actually covered a bit more on this topic earlier today.

Moving past the massive motor stuffed in the Y550p’s engine bay, it’s got a 15.6-inch 16:9 display powered by NVIDIA’s GeForce GT 240M graphics with 1GB RAM. You get all the goodies like an ExpressCard slot, HDMI output, card reader and up to 8GB DDR3 RAM.

Both of the configurations for sale on Lenovo.com have 4GB DDR3 RAM and the requisite Windows 7 Home Premium 64-bit, along with Intel WiFi 5100 and Bluetooth. The $150 price difference between the two models buys you the faster Core i7-820QM processor and larger 500GB hard drive.

The coupon code expires on December 7th and you can get all the details on how to get the discount below!

Y550p base model – 324164U

• Price: $1,249 – 10% coupon = $1,124
• Specs: Core i7-720QM (1.6-2.8GHz, 6MB L2); 4GB DDR3; Win7 Home Premium 64-bit
• NVIDIA GeForce GT 240M 1GB; 15.6″ HD LED display (1366×768); 320GB HDD
• DVD recordable; 6-cell; Intel WiFi 5100; Bluetooth

Y550p upgraded model – 324162U

• Price: $1,399 – 10% coupon = $1,259
• Adds additional specs: Core i7-820QM (1.73-3.06GHz, 8MB L2); 500B HDD

How to get the deal

1. Click here to configure the IdeaPad Y550p of your choice
2. Apply coupon code in shopping cart w/no spaces before or after: USPSEARCH