Overstock has the Classic Leatherette Sofa Bed / Futon / Loveseat for a low $579.99 (reg. $1,599.99).

Elegant convertible sofa is constructed of a tubular steel frame with chromed legs. Sofa bed/loveseat has comfortable foam fill; four-position European click-clack mechanism to allow smooth adjustment between positions.

COUPON ALERT! Overstock Coupons
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Take $5 off $100, expires 6/30
Take $15 off $200, expires 6/30
Take $8 off $125 (new customers only), expires 6/30
Get $1 shipping on all furniture, expires 6/22