(Image credit: Future / Asus)

If you’re looking for a new laptop for Christmas, you’re in luck. There’s a fantastic deal to be had on an Asus gaming laptop right now that just can’t be beaten on price, featuring one of Nvidia’s latest GPUs for gaming, as well as a 10-core Intel processor, and all for less than £850.

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That’s because this 16-inch Asus V16 gaming laptop is priced at just £849.99, down from as high as £1,199 just a few months ago, according to Camelcamelcamel’s data. While that isn’t quite the record low we saw over Black Friday, it’s still ~£150 cheaper than its rivals with matching specs. For your money, you’re getting the mobile version of the Nvidia GeForce RTX 5060, which features 8GB of VRAM and 3,328 CUDA cores. It also includes support for DLSS 4, allowing you to enjoy ray tracing with multi-frame generation in games that support it.

Fitted in this rig is an Intel Core Ultra 240H CPU, which has those 10 cores we mentioned previously. Those cores are split, with six performance cores that allow the best performance for gaming, as well as four efficiency cores, which you’ll want for multi-threaded task work. It has a typical 2.5GHz clock speed, but this Raptor Lake CPU can boost up to 5.2GHz when you need it to.

You’ve also got a 16-inch display with a 144Hz refresh rate, giving this Asus V16 laptop a good amount of screen real estate to have several windows open at once. It runs better than 1080p, too, offering a 1,920 x 1,200 screen resolution with a 16:10 aspect ratio. You might still want to tweak down your graphics presets in-game while you’re running at 1200p in the most demanding games to get the best frame rates, but the games themselves should still remain playable.

Cheaper laptops typically see you miss out on having enough RAM or storage, but there are no such compromises here. You’ve got a 1TB SSD, featuring PCIe 5.0 speeds, as well as 16GB of DDR5 SODIMM RAM. While it probably isn’t the best time to think about upgrading your memory with RAM prices skyrocketing, once the prices do stabilise, you can upgrade this model to a maximum 32GB, giving it that extra bit of longevity. Alongside the laptop itself, you’re also getting three months of Xbox Game Pass thrown in for free.

This £849 Asus V16 is the cheapest gaming laptop with an RTX 5060 that you can buy right now, and you’ll struggle to find an alternative for under £1000. If you’re thinking about picking up a new laptop before Christmas that can offer solid performance at or above 1080p, then this Asus model is one of your best options. Expect it to sell out fast.

If you’re looking for more savings, check out our Best PC Hardware deals for a range of products, or dive deeper into our specialized SSD and Storage Deals, Hard Drive Deals, Gaming Monitor Deals, Graphics Card Deals, Gaming Chair, Best Wi-Fi Routers, or CPU Deals pages.

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Ben Stockton is a deals writer at Tom’s Hardware. He’s been writing about technology since 2018, with bylines at PCGamesN, How-To Geek, and Tom’s Guide, among others. When he’s not hunting down the best bargains, he’s busy tinkering with his homelab or watching old Star Trek episodes.