How to Save Up to 50 Percent on Electronics

Savings Angel

This article, entitled "How to Save Up to 50 Percent on Electronics," comes from SavingsAngel.com.

Most people have a love hate relationship with their electronic gadgets. They love getting new toys and learning how each device can make their life easier, but they hate paying the high price these gadgets demand.

Take an iPad mini for example. You might have to pony up $429. That’s a steep price to pay for something that will be considered outdated in a year or two.

Instead of paying the full sticker price for your favorite electronic toys, what if you could save from 20 to up to 50 percent? You’d do it in a heartbeat right?

Well, it turns out saving money on gadgets is incredibly easy if you’re willing to buy it refurbished.

Buying a refurbished electronic device is a simple way to save money without sacrificing quality.

Going back to the iPad mini example, a new device will cost $429. A refurbished one costs $319. That’s a savings of $110 without sacrificing quality.

Both devices come in the Apple box, both are shipped directly from the Apple store and both come with new accessories, a new battery and a one-year warranty.

So why doesn’t everyone jumping on the refurbished bandwagon? There seems to be a stigma with refurbished items. Many people believe these items are inferior and defective. But that’s simply not the case.

What Does Refurbished Mean?

Refurbished electronics are items that have been opened before and used at least one time. The person that bought the item then returned it because of one of the following reasons:

  • They didn’t like it or the reason for the return was unspecified.
  • It had a cosmetic defect like a scratch or dent.
  • It had a functional defect that made some or all of the features of the product not work properly.
  • It was a display or demo item that was used in the store.
  • It was recalled because of a problem detected in this particular model.

Remember that any of these reasons could be what gets a product labeled as refurbished. A 2011 report found that only 5 percent of returned electronics had an actual defect. User error was the leading cause of misdiagnosed defects.

Before reselling an item that has been returned, manufacturers will test them to see what, if anything, is wrong with it.

The ones that are defective are repaired and the ones that aren’t are cleaned up, marked down and given a second chance at life. Minor cosmetic issues such as scratches and discoloration are left alone.

Where to Buy Refurbished Items

Refurbished items can be found many different places, but it’s important to buy from a trusted source with a solid return policy.You can look at major retailers like Amazon or you can head straight to the manufacturer.

Shopping eBay can also yield some refurbished devices, but there’s little recourse that can be taken if you purchase a lemon. It’s important to note that unauthorized resellers like those on eBay may also have different standards for refurbishing an item, resulting in a product that doesn’t meet your expectations.


About the author: You can find more personal finance advice by Edwin C at Cash The Checks.

The best couponers save hundreds of dollars every month at the grocery store. However, extreme couponers can end up living very extreme lifestyles to get those savings. For over five years, SavingsAngel.com has equalized the playing field – giving extreme savings to busy families who don’t have the time or ability to be an extreme couponer. Each week, SavingsAngel.com’s over 70 angels combine over 2,000 products on sale at local grocery and drug stores with an enormous database of over 2000 different manufacturer coupons. These combinations result in our members getting access to over 300 products each week for 50% off or better. Simply log in, choose the deals you want, print or clip only the coupons you need, and save hundreds of dollars a month at regional and national stores. Our angels will personally work with you to craft a plan that will help you buy healthier food at lower prices – helping you keep $200 to $400 in savings each month.

Josh Elledge is chief executive "Angel" of SavingsAngel.com, a website that teaches consumers how to save money through a free money savings video eCourse and podcast. SavingsAngel also provides hundreds of 50% off or better deals each week to members by matching local grocery and drug store sales with its free database of over 5,000 accessible coupons. A husband and father of three, he now appears each week on television, in eight newspapers, and a number of radio stations across the country teaching families how to cut their grocery bill in half using the Internet. Elledge created the technology found on SavingsAngel.com through the need to save his own family’s money. Successfully able to cut his own grocery bill from $600 a month to less than $300 a month, his message has reached hundreds of thousands of families. SavingsAngel.com is now growing rapidly throughout the country. You can watch a short video at SavingsAngel.com that will explain more information about how to cut your own grocery bill in half with the help of SavingsAngel.com!

 



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