September 24, 2014

When to buy your next phone, tv, or tablet. We've got Black Friday price-cut predictions for you


Thanksgiving Day will be here before you know it. And if you're the type of person who could care less about the turkey and quality family time and really just wants to know where the best deals can be had the day after — or even that very night — we have some predictions you'll want to know about.

The editors at CreditDonkey did a look-back at previous years’ Black Friday and Cyber Monday sales to come up with the likely deals we’ll see in late November. So, while you’re waiting for the release of the official circulars from your favorite retailers, get your shopping budget ready based on our predictions below. We’ve also thrown in some tips so that you can keep your spending in check during the busiest shopping season of the year.

2014 Deals Predictions

Smartphones

  • Samsung Galaxy S5 for free with a 2-year commitment
  • iPhone 6 from $150 with 2-year contract

Earphones

  • Beats by Dre Solo HD from $97

HDTVs

  • 32” LED 720p HDTV from $78
  • 40” LED 1080p HDTV from $168
  • 60” Smart LED 1080p from $678

Computers

  • HP 14” Laptop from $158
  • HP Deskjet Printer from $29
  • LG Blu-ray Player for $38

Tablets

  • Samsung Galaxy Tab 4 from $129
  • Kindle or Nook 7” to 8” eReaders from $49 to $79
  • iPad (older models) from $150 (without gift card bundles) or $200 with gift card bundle

Gaming Consoles

  • Xbox One Bundle from $349
  • Xbox 360 Bundle from $139
  • PS4 Bundle from $399
  • PS3 Bundle from $149

Home Goods

  • Whirlpool French Door Stainless Steel Refrigerator from $899
  • George Foreman grill from $9
  • Rubbermaid plastic storage containers from $7
  • Bissell Carpet Cleaner from $98

Clothing

  • JC Penney: up to 75% savings on already reduced merchandise and storewide coupon for 15% off any purchase
  • Kohl’s: up to 50% in storewide savings on already reduced merchandise and up to $15 in Kohl’s cash
  • Macy’s: up to 60% off select outwear and footwear and store coupon for $10 off any purchase of $25 or more

Bonus Tip #1: Set a budget.
While the prices above may tempt you into digging deep into your wallet, you shouldn’t touch a credit card without first doing some math. A good price is nice, but you shouldn’t buy anything if you can’t afford it. Think about how much cash you have on hand and how much debt you’ll be able to pay off when January rolls around. Be realistic and you’ll save in the long run, which is more important than saving a few bucks off one trendy gadget just because you get caught up in a shipping frenzy.

Bonus Tip #2: Shop wisely.
Before opening the circular, carefully assess your needs and wants. If you recently purchased a Blu-Ray player, it doesn’t make sense to secure another one because it’s a “good deal.” Instead, shop wisely, stay within your budget, and your wallet will thank you. The same rule applies to other items you’re considering, regardless of the price point.

Bonus Tip #3: Get a head start.
With the emergence of pre-Black Friday sales beginning anywhere from Monday to Wednesday, shop early to avoid the freezing temperatures, long lines and crowds, and shortage of desired inventory — all things that could frustrate you and lead you to make unwise spending decisions.

Bonus Tip #4: Shop online.
Since retailers sometimes offer identical deals on their website, shop online from the comforts of your home to expedite the process and maximize time with family during the Thanksgiving weekend. Also, check out Amazon.com for rock-bottom prices on the items you’re considering.

Bonus Tip #5: Become a fan of your favorite retailer.
Select retailers offer first dibs on promotional offers and coupons to mailing list subscribers. Now is a good time to like them on Facebook or request emails, so you’ll get first dibs when the Black Friday items go on sale.

More from CreditDonkey:


What Not to Buy on Black Friday


Best Time to Buy a Laptop


Early Holiday Shopping Tips

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