Community Newsletter: Q&A: When do you think is the best time to buy consumer electronics?
- 11/21/08 4:30 PM
Recession? What recession
by afro2358 - 11/28/08 12:08 PM In reply to: Recession? What recession? by fgfsumhThere is a lot of people who brought, brought, and brought way above their means, and a lot of them now, lost their jobs, homes, families,and now living homeless, all because of Capitalism, Greed, and trying to live like the Jones. It is so stupid not to try to "Save". True, life is not promise to anyone, you have to do a balance act you might be around until you're 70,80,or 90, and to not save anything is insane.
recession? what recession?
by fgfsumh - 11/28/08 12:13 PM In reply to: Recession? What recession by afro2358Diddo
When do you think is the best time to buy consumer electroni
by Jim Johnson - 11/14/08 6:21 PM In reply to: When do you think is the best time to buy consumer electronics? by Lee Koo (ADMIN)
My answer is really simple Roger. This is a great time to buy consumer electronics, IF:
You will not need to use credit or touch core savings to make the purchase.
It is an item you will truly use on a regular basis.
Jim J.
Best time to purchase Computers, TVs. Electronics
by Roger Panning - 11/24/08 11:29 PM In reply to: When do you think is the best time to buy consumer electroni by Jim JohnsonJim J.
I like your reply. After reading all the replies, to date, I've had time to control my impulse to replace broken electronics that numb the brain and go to the library and read some good books. Somebody once said that electronic savy people were mostly analytical pragmitists, able to formulate a thought into a constructive application. Thanks Jim for being one.
Roger
Best Time
by bigjim - 11/14/08 6:31 PM In reply to: When do you think is the best time to buy consumer electronics? by Lee Koo (ADMIN)
Prices will continue to decline until confidence increases. Wait for a week on wall street when the prices dont go through wild swings.
That will be the start of when consumer confidence begins to return.
That said bout the second last week in january once all the Christmas money has been spent will be good, or the first week in February.
the best time to buy consumer electronics
by Santos - 11/14/08 7:04 PM In reply to: When do you think is the best time to buy consumer electronics? by Lee Koo (ADMIN)
Black Friday or the day after Christmas. Good sites to check out are www.blackfriday.gottadeal.com or www.theblackfriday.com
(NT) February
by jmhobert - 11/14/08 7:31 PM In reply to: When do you think is the best time to buy consumer electronics? by Lee Koo (ADMIN)
Holiday Shopping Deals
by PBaker2 - 11/14/08 7:32 PM In reply to: When do you think is the best time to buy consumer electronics? by Lee Koo (ADMIN)
Hello Roger, Great question. I guess the correct answer depends on your shopping preferences.
If you are the type of person who doesn't mind standing in lines and fighting crowds, then the best time to purchase is on a day the retail community lovingly calls "BLACK FRIDAY." That is the day after Thanksgiving. Stores have a limited number of loss leaders to get people into the store and work them up into a buying frenzy. Luckily for you, flat panel TV's, computers, IPods, etc are favorite items for these stores to get folks worked up.
If you are NOT into fighting crowds, standing in lines, and don't mind a limited selection at great pricing, then wait till you have an Epiphany (January 6th.) Any overstocked merchandise goes on Sale after New Years Day.
And finally a warning. Beware of merchants selling TV's and computer's over the Internet that sound too good to be true. Some unscrupulous sites will try to sell you a perfectly good refurbished item and tout it as Brand New, or Open Boxed New.
So Make your list, check it twice, know what features are important to you, don't believe everything you hear about the economy, and have a great holiday season.
PCB
When to buy tech products
by Arshoff - 11/14/08 7:33 PM In reply to: When do you think is the best time to buy consumer electronics? by Lee Koo (ADMIN)
Personally I would wait till the Boxing day sales start the reason being if they have more unsold then they thought prices would be veen lower. Also watch for Circiut City with Chapter 11 protection they may lower prices to get income quickly.
I plan to buy a 500 GIG external HD and plan to wait for the Boxing day sales.
Fred
Let me define poor economic state....
by Dumbpeni - 11/14/08 7:34 PM In reply to: When do you think is the best time to buy consumer electronics? by Lee Koo (ADMIN)
When our economy stop growing and start contracting , we call it poor economic state... Dont we know that we cannot grow constantly...?? We need to sleep , right?? C'mon, poor economic state is just an oxymoron, but things surely looks a lot uglier than necessary... Prices are slashed left and right and center. I suggest that the best time to buy consumer electronics is deciding wheter we will continue to plunge toward another Great Depression or not... If you think we will , then wait until then... Nobody thought General Motors would be that boored down a lot, my God! People still says that they like Japan cars better even in this poor economic state!!! Give us a break until times get better and you can choose any car you like. For now,, I beg you to please buy a GM or Ford car... What am I saying , duh/
when to buy an HDTV
by clafore - 11/14/08 7:48 PM In reply to: When do you think is the best time to buy consumer electronics? by Lee Koo (ADMIN)
It depends totally on you. If you want to start enjoying HD now instead of waiting, buy now. Bear in mind, this is a lot like the stock market. You can buy now, see the price drop in two months, and regret your purchase. On the flip side, you've now enjoyed your purchase for those two months. Prices will surely be low on certain (perhaps poorly rated and/or leftover) HDTV's on Black Friday. The same thing applies to ones left over after Christmas- if they were so good, why weren't they purchased already? Bottom line, find the one you love, find the right price, and purchase it from a reputable retailer!
The Day after Thanksgiving, 4AM line up is the best value.
by net2j - 11/14/08 8:51 PM In reply to: When do you think is the best time to buy consumer electronics? by Lee Koo (ADMIN)
The Day after Thanksgiving, 4AM line up, was always the best for me. I surf the online sales ads first, buy what I can online, then go wait in a Staples line, buy stuff, then get in Circuit City's or Wal-Mart's lineup. Are Staples, Best Buy, Fry's, & Wal-Mart, doing it again this year, as usual; I wonder?
Usually, I buy value at day after sales, need is secondary. When I need something, I use nextag.com search, they often show an item's low price chart. I read a few reviews, and buy it from an online vendor.
When possible, buy electronic stuff before the need arises, to avoid hunting hungry, and the disappointment, if they run out of them, before you get yours.
I have found bargains on eBay throughout the year, but that requires hunting, and sometimes haggling.
eBay is a good place to look, for used hard drives, and some other gear, before the need arises. I bought a lot of 4 used Maxtor hard drives (MaXline plus II) 250 GB, for $90.00 + $13.00 shipping = 10.3 cents per gigabyte. I happened to be the only bidder. eBay is a gamble, and sometimes problems with the sellers or the merchandise can become a real headache.
Beginners, just buy it at someplace like newegg.com; after you Google for newegg promo codes, or check savings.com and others for coupons, promo codes, and other store and product discounts.
When times are tough, the tough go shopping; for value.
Bad time to get into more debt for any new toys unless cash
by Evayy - 11/21/08 7:57 PM In reply to: The Day after Thanksgiving, 4AM line up is the best value. by net2jBe sure you do not throw out your mail from your credit card compaines.
Chase is going up on their fees rather you have been on time or not. This should affect all card holders. Chase is also raising mim payment due. They are also starting an extra fee for those that carry a large balance for over 2 years.
American Express has sent out mail as well stating their fees will be raised.
If you do not have a christmass club account and or savings. Reguardless of how wonderful the sales are, Untill you know what the new credit card fees will be in these trying times unless you have cash saved up do not go into more debt.
Use Craigs list , look in newspaper, barter look for older modles and pay cash. How good will that notebook , tv or new phone be if you find out in Dec your fees and mim payment will be to much to handle and the so called savings on bf will outweigh the service fees the credit card compaines may soon charge?
It depends
by rbsjrx - 11/14/08 9:03 PM In reply to: When do you think is the best time to buy consumer electronics? by Lee Koo (ADMIN)
The answer depends on the nature of the electronics and your need for it. All consumer electronics follows a price curve that starts out high, then asymptotically approaches a minimum. It's always been most prudent to not be on the bleeding edge of this curve if you can avoid it. In a troubled economy, this is more true than ever.
So, buy what you need (not necessarily what you want) when you need it, but go for the most mature technology which serves your needs. Whatever you buy will be available for less only a few months after you get it, so minimize that particular aspect of sticker shock whenever you can.
The best time to buy consumer electronics
by linitwdwrd - 11/14/08 11:29 PM In reply to: When do you think is the best time to buy consumer electronics? by Lee Koo (ADMIN)
If you have a Fry's Electronics store location the best time to buy consumer electronics. Is the Thanksgiving Day sale. The one day event you will save an additional 20% off. They have the lowest pricing year round. But the One day sale is unbeatable value. And they will have whatever item your looking for in stock. It takes at least a year before the pricing level will be that low again.
I have found Fry's to be consistently the lowest priced consumer electronics available online or other wise for the past 8 years.
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