Smart Spending: Buy these items after Christmas

Savvy shoppers should realize that some items are actually a better deal after the holiday season.
By MAE ANDERSON, AP Retail Writer Modified: December 12, 2013 at 10:11 pm •  Published: December 13, 2013
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Smart spending

Wait! Some top bargains may be next year

— It's December, the malls are bustling and “Sale” signs are everywhere. Good time to grab the deals? Not so fast. Savvy shoppers should realize that some items are actually a better deal after the holiday season. As long as it's not something that has to be under the tree on Dec. 25, here's a look at purchases best made in the new year.

BIG-NAME TVS, ELECTRONICS: Sure electronics retailers have pulled out all the stops with doorbuster deals on big flat-screen TVs. But those are often second- or third-tier brands. If you're looking for top-brand TVs or TVs with extra features, the best time to buy is February or March, says Lindsay Sakraida, features director at DealNews.com, which tracks online prices and sales. Why? Because generally new electronics models are introduced at the Consumer Electronics Show, the largest electronics industry trade show, which occurs in Las Vegas in January. After that, last year's models go on sale. The same holds true with other electronics, notably the expensive digital SLR cameras from companies like Nikon and Canon. Those are popular Christmas items, but “if you can, it's wise to wait,” Sakraida says.

WINTER WEAR: Clothes and accessories are popular for people shopping for themselves, with big markdowns in the mall leading up to Christmas. But if you hold out, you will see even better discounts, beginning immediately after Christmas. That's because retailers have to clear out winter merchandise quickly to get ready for the influx of spring clothes. “Anything cold weather-related is certainly going to get dramatically reduced post-Christmas,” says Marshal Cohen, chief industry analyst at NPD Group. That's true for footwear like boots, and coats, gloves and scarves. But Cohen says on most other clothing items, it may not pay to wait. Even though prices will be low, you'll be picking over remnants.



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