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5 Easy Ways to Save Money On Electronics

By: Donna Chaffins | Date: June 24, 2013 | Categories: Bargains and Deals, Coupons, Financial, Guest Posts, Money Talk, Savings
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Guest Post

iPad Img 1 Electronics GPImage Source

Much to my wife’s dismay, I am a guy who loves bright and shiny electronics and gadgets. But the good news for her is that I refuse to pay full-price, or anything remotely close to full-price for that matter. Over the years I have discovered some pretty cool tricks to find the best deals on electronics as humanly possible. Here they are in no particular order.

1. Buy Refurbished When Possible

Are you a lover of Apple products but not a big fan of the hefty price tag? If so, consider buying your next iPhone, iPod, or iPad refurbished and save up to 30% off the original price. Essentially a refurbished product is one that was sold brand new and had “a screw loose” and was returned to the factory to be fixed.

You are not really taking a risk buying a refurbished Apple product as it still comes with a 1-year warranty. In the end, it is a great way to buy your favorite Apple product at a nice discount.

2. Buy “Last Generation” Items

Let’s be honest, unless you are one of those crazy “early adopters” who have to have the newest gadgets no matter what the cost, you’d be nuts to NOT buy last year’s electronics at a fraction of the cost.

This is especially true when you can shop clearance sales and save up to 50% off HDTV’s at consumer electronics retailers. These clearance sales tend to happen twice a year right before the next generation models are set to hit the market.

Typically, you can look for these inventory clearance sales in July. If you don’t find a great deal in July, wait until Black Friday/Cyber Monday in November as the deals are always insane and typically last right up to Super Bowl weekend.

3. Shop Open-Box Deals

Open box deals fall into three categories: Items which were returned by customers, products that served as store display models, or items that were opened for inspection due to damage during shipping.

The top stores to find open box deals are Best Buy, Sears, Newegg.com, Tiger Direct.com, and Amazon.com. Amazon calls them ‘Warehouse Deals’ and they have some pretty amazing deals. One that caught my eye was a 32″ Samsung HDTV for only $225. Before buying an open-box deal always make sure the item was inspected for full functionality and comes with the original manufacturer’s warranty.

4. Haggle for a Deal

Personal story time, grab a cup of coffee and sit by my rocking chair, just watch your fingers. Several years ago I was in our local Best Buy buying a DVD player and home theater system. I found the brand I wanted at the price I was comfortable with and then I had an epiphany.

What if I asked the sweaty teenager helping me if he could give me a better price if I bought both the DVD player and the home theater system? I decided to do just that and he said he had to get approval from his manager. Within 2 minutes he came back and said they could give me $50 off the DVD player if I bought both today. I said, “Done deal, thanks!” Don’t be afraid to haggle for a better price, especially when bundling products or if you see a slight imperfection in an item.

I think you’ll be very surprised with what consumer electronic stores are willing to do to complete the sale and make you a happy customer who is likely to return.

5. Do Your Homework

For Pete’s sakes, always do your homework before you make an online or in-store electronics purchase. Read unbiased product reviews at CNET.com and use price comparison websites like PriceGrabber.com to find the store with the best price on your particular item. The Internet is chalked full of great free information to help you get the most bang for your buck when buying electronics, make sure to use it to your advantage.

Here are some useful coupons to help you save money on electronics, cool gadgets, and even summer travel and apparel. I have also included a link to open-box deals at Amazon.com and refurbished bargains from Apple Store.com. Happy bargain hunting.

Opon-Box Warehouse Deals – Save up to 55% Off your purchase
Coupon Code: None Needed
Expiration: N/A
More Amazon coupons: See All

American Eagle Outfitters
50% Off AEO Clearance w/ Free Shipping $100+
Coupon Code: 45672134
Expiration: 6/25/13
More American Eagle coupons: See All

Apple Store.com
Refurbished Apple products for up to 30% Off
Coupon Code: None Needed
Expiration: N/A
More Apple coupons: See All

Best Buy.com
Clearance Deals – Save up to 65% Off w/ Free Shipping
Coupon Code: None Needed
Expiration: 7/31/13
More Best Buy coupons: See All

Save 15% Off your Hotel Booking at Expedia.com
Coupon Code: EXP15B
Expiration: 7/07/13
More Expedia coupons: See All

Save 20% Off your $50+ purchase
Expiration: 6/27/13
More PacSun coupons: See All

Southwest Airlines Vacations.com
$100 Off a Flight/Hotel Package for 4+ Nights to California
Coupon Code: CALI100
Expiration: 7/08/13
More Southwest Airlines coupons: See All

Tiger Direct.com
Overstock Sale – Save up to 6o% Off Electronics through this link
Coupon Code: None Needed
Expiration: N/A
More Tiger Direct coupons: See All

About The Author: Kyle James, also known by his friends as the “Coupon Nerd”, is the founder of Rather Be Shopping.com, a site that has been helping consumers save money with coupons for over 12 years.


12 Responses to 5 Easy Ways to Save Money On Electronics

  1. Marcie W. says:

    Wonderful suggestions! I have been told to always ask about open box items.

  2. These are great ideas Donna. We bought reburb Iphones a few weeks ago and they worked great. We were able to get a great deal on them.

  3. veronica lee says:

    Very good advice! I bought an older model camera for a third of its original price!

  4. Colleen says:

    I will only by refurbished right from the maker (because of the warranty). It is hard for me to purchase last generation I’m so the “have to have the newest” kinda gal but the tip makes sense.

  5. Karen M says:

    I never thought about haggling in store for electronics…I’m definitely going to try this next time. Great tips!

  6. Great tips! I should buy my next phone refurbished..

  7. lisa says:

    Great ideas. You really have to save money wherever you can.

  8. Tammy says:

    Great tips – I like to check prices online for electronics you never know who will have a great deal on it or at the very least be offering an incentive (like a gift card or accessory) with purchase.

  9. Great tips – I haven’t bought refurbished before!

  10. Courtney says:

    I actually need a laptop – definitely considering refurbished!

  11. I do all of these steps when looking for a new electronic gadget to add to our household, except haggle. I need to do that more often!

  12. Cristian says:

    Great suggestion, I really liked the amazon link, very handy 🙂