There are credible reports that Meta will release a cheaper version of Quest 3 in 2024 to replace the Quest 2, which could be called Quest 3 Lite or Quest 3S.

Meta has not announced anything yet and is selling Quest 2 at the lowest price ever, apparently to clear out stock.

Over the weekend, VR enthusiast Luna asked Quest developers via X to submit information about the Meta Quest 3 Lite developer kit, apparently with success.