Refurbished models of the iPad mini now start at just $299 on the Apple online store. That price is for the baseline 16GB WiFi only model and it’s a $30 discount on the standard price.
There are refurb models available for the full iPad mini range now – from 16GB to 64GB and both WiFi and WiFi + Cellular – though which specific models are in stock at any given moment will vary as many appear to be selling very rapidly. When I first hit the Apple store page today there were no 16GB units available. After a few minutes and a manual page refresh a black 16GB unit showed as in stock and ready to ship.
I’ve bought refurbished iDevics in the past and have had only stellar experiences with them. If you’re looking to get an iPad mini, it’s well worth keeping an eye on the Apple store page for the refurb models.