Nearly every home in the United States is also home to a variety of technological devices. From televisions to computers, to gaming systems and surround sound, not to mention our digital cameras, DVD recorders and mp3 players - technology adds a lot to our lives. And you can save money on these big ticket items just by knowing where and when to shop.
Here are seven strategies for saving money on computers and electronics.
1. Whether you are buying online or offline, the first step is to research the new item and determine exactly which features you want and need. Go to the Internet first and read product reviews and recommendations.
Do an Internet search and check out each piece of equipment to see what others have said about it. Is it highly recommended or riddled with problems? Read about the particular item on various electronics forums. People on the forums will be more honest than someone who is paid to write a review.
2. Find out what might be available locally by going to various retail stores and their websites. Many of the electronics big box stores (including Best Buy and Circuit City) have a program in which you choose and purchase your item online, and then it's ready for you to pick it up in the store - sometimes in less than an hour. If you are buying online and having it shipped to your home or office, you'll want to pay special attention to your shipping costs especially on those larger items, such as TVs and computers.
3. Before you buy, go to your favorite electronics retailer and ask to see "open box items," which are items that have been opened and returned. Generally, the full warranty still applies on these items, but you may be able to find what you want at a reduced rate because the box has been opened. If the price hasn't been reduced, ask the manager if she can come down on the price.
4. If you can't find the item you want as an "open box item," Go back to your original search and do some comparisons. Find out which store has the lowest normal prices and then check out their sales.
5. Even though you would love to get the latest and greatest, consider purchasing the item that was replaced by the latest and greatest. There shouldn't be that many changes that you can't do without, and that little sacrifice can save you a lot of money.
6. Another way to save money is to wait until right before school starts and take advantage of the "tax-free" holidays. Not having to pay sales tax on the item can save you a pretty penny. Of course, there are also sales prior to major holidays. Don't forget to take advantage of the rebates that often come with new electronics, as well, as they sometimes provide quite a savings.
7. If you find the item online, make sure to check for coupon codes and free shipping offers that can save you even more. The Internet makes it so easy to find the very best deals.
