When new consumer electronics come out and they are very popular it can be hard to get them at a reasonable price. New consumer electronics such as cell phones, and video game systems can sell well above retail when they are first introduced. This article will guide you on how to save money when buying new consumer electronics.
Things You Will Need
To follow the steps listed in this article on how to save money when you are buying new consumer electronics.
The first step to saving money buying new consumer electronics is to wait two months after the release of the product to buy it. When a new consumer electronic product is first released and it is very popular, people will pay almost anything to get it, and people selling these items know that. Wait until two months after the new consumer electronic is released, the hysteria of the product dies down, and then you can start to get good deals on these products.
The second step to saving money buying new consumer electronics is to go to internet auction sites to buy new consumer electronics. You can often find popular items at a fraction of the price you would find them at in retail stores. Do a search for the new consumer electronics product you are looking for and compare the different listings(make sure the item is marked "new" or "new in box" by the seller.
The third step to saving money when buying new consumer electronics is to buy the product in an auction style format, instead of the fixed price format on the internet auction site. You can usually find better deals by going into the auction instead of buying the product at a fixed price listing. To really get a great deal pick an auction that ends at an hour when most people will not be up, such as 3am-4am. This will reduce the number of people who will be up to bid at the final minutes of the auction(where most bidding takes place).
Tips & Warnings