32 Degrees offers its 32 Degrees Men's Waterproof Hooded Parka in Stingray or Black for $39.99 with free shipping. That's the lowest price we could find by $16, excluding the mention below. It's available in most sizes from S to XXL.

Note: This item is final sale and cannot be returned or exchanged. Also, Rabbotz via eBay has it in Black (size M only) for $18.99 with free shipping.