Uncovering Discounts on Electronics despite Tariffs
As the year progresses, several exciting opportunities arise for electronics shoppers. From the bustling retail holidays to strategic trade-ins, there are numerous ways to secure great deals and save money.
Firstly, mark your calendars for major sales events such as Presidents' Day, Labor Day, Amazon Prime Day, Black Friday, and New Year's sales. These holidays often feature deep discounts—up to 70% off on laptops and desktops during Presidents' Day and significant markdowns on TVs and other electronics during Labor Day.
For instance, Best Buy's Labor Day sale offers as much as $2,000 savings on select big-screen TVs from LG, Samsung, and other brands. Amazon, on the other hand, has been known to sell smart TVs, such as the Insignia 24-inch F20 Series HD Fire TV, for as little as $65 on Labor Day.
If you're in the market for a laptop, the Dell XPS 9350 Laptop with Copilot was recently available at Best Buy for $999, $400 off its original price. The 2024 iPad Air is also available for $499 at Walmart.
But what about the impact of tariffs on trade-in values for used devices? Tariffs generally increase the cost of new electronics, which can help retain higher trade-in values for used devices since consumers seek cost-effective alternatives. Devices from brands like Apple tend to retain their value better than others, with Apple devices tending to retain value for five to seven years, according to Louis Ramirez.
Trading in your used electronics during major sales can help you save on new purchases despite tariff-related price hikes. Additionally, buying older or previous-generation models can lock in lower prices and better value for money amid rising tariffs.
To find the best deals on electronics, it's worth checking out tech-review websites like Tom's Guide. Discounts of up to 50% on electronics are possible around Labor Day, according to Louis Ramirez, deals editor-in-chief for Tom's Guide.
Finally, don't forget that the right credit card can offer cashback on every purchase. For instance, Kiplinger Personal Finance Magazine has assessed ways to find deals on various products and services this year, including electronics. Their top picks for the best cashback cards can be found on their website, powered by Bankrate.
By following these tips, you'll be well-equipped to navigate the world of electronics deals and make the most of your shopping experience. Happy bargain hunting!
[1] Best Buy's Labor Day sale offers big savings on big-screen TVs
[2] Kiplinger's Guide to Finding Deals on Electronics in 2022
[4] Tom's Guide: The Best Labor Day Sales and Deals in 2022
[1] Personal-finance enthusiasts who are looking for deals on electronics should keep an eye out for Best Buy's Labor Day sale, which offers significant discounts on big-screen TVs.
[2] To find the best deals on electronics this year, consider checking out Kiplinger Personal Finance Magazine's guide, which offers tips on finding deals on various products and services, including electronics.
[3] Trading in your used electronics can help you save on new purchases during major sales, even with tariff-related price hikes.
[4] Tech-review websites like Tom's Guide can provide insights on the best Labor Day sales and deals on electronics, with potential discounts of up to 50%.
