With rising energy bills, gasoline prices and the weekly grocery store, the cost of living is making it harder and harder to buy new products and services, especially big technology like TVs.
Like all of us, I have had to cut back on my monthly expenses, but when I need to replace something in my home that is broken, I have had to include it in my budget. Nowadays, I rarely spend full price on a lot of things, whether it’s because I buy the sale or use discount codes. As a Deals Writer, I have picked up some tips and tricks to save money along the way, especially when it comes to shopping for TVs.
Buying a new TV takes a lot of time, thought and consideration. The best TVs is more of an investment than a purchase at the moment and can raise a lot of money. If you are looking for a new TV but do not want to spend too much, here are my 5 tips on how to save money on new and old TVs.
1. Think about what you need
Before you start searching, it is important to consider your priorities and what you want from a new TV. My biggest tip when buying something is to make a list of non-negotiable and “nice-to-haves” so you know exactly what you are looking for, what features you do and do not care about and how much you are willing to spend. For example, here are some questions to ask yourself before buying a new TV.
Is size important?
The size of your TV makes a huge difference in the overall cost and quality. TV sizes start at about 43 inches and go up to 85 inches, and larger sizes have the highest prices. If you are thinking about the room you want the TV to go in, this will help you decide what size you need.
Do I care about the brand?
If you are not too fussy about the big brands or brands in general, this makes it easier and often cheaper to find the TV you want. If you’re just into streaming, you can find some great TVs with built-in streaming that usually do not come from big or well-known brands but come with cheaper price tags. If you do not care too much about the brand, I recommend that you prioritize budget shopping and look for a specific price that best TVs under £ 500.
The bigger brands like Samsung, LG and Sony offers the best TVs of all types and sizes and if you have an affinity for any of these, stick to the brand to find your new TV. Hisense and Toshiba are also good TV brands and have more budget-friendly options.
What features do I want?
When buying a TV, think about what features you want. Visual and sound quality are obviously important, so make sure you look for TVs that have terms like 4K, UHD, HD and Dolby in the title. Smart features are the most common features people are looking for when buying a TV today but if you do not want it you can find TV without the smart features that come with lower prices.
Buy last year’s model
Newer TV models and series will be the most expensive options on the market, so if you are not willing to spend thousands of pounds, I would suggest you watch the previous generations. By choosing last year’s or the year before the TV model, you still get a well-made and high-quality device, but you do not pay unreasonable prices. When newer collections are released, you will also find that the older versions will be discounted and included in sales promotions, either by the brand or third-party retailers so you can save lots of money on a new TV.
When shopping for a new TV, it’s a good idea to know when the big brands are releasing their latest collections. This has an impact on the price of its older models as they are more likely to be discounted. If you do not need a new TV immediately, I recommend that you buy a new TV during the season’s sales periods. Black Friday and Cyber Monday in November see the biggest price reductions on TVs and Easter sales are always full of cheap TV offers. If you’re in the US, the month before the Super Bowl also has great TV discounts.
4. Look for price matching, exchange and cashback offers
It does not hurt to check if the retailer you shop at has price matching, exchange and cashback offers. If they do, this can save a lot of money on your purchases so it is worth taking advantage of it if it is available. For example, most websites and stores offer price matching guarantees where if you find the TV you want cheaper elsewhere, they will match the price and some will beat the price by up to 10%. Some retailers also offer trade-in offers and cashback offers where if you replace your old TV, you get money on your next purchase or cash in hand.
5. Take care of your old one
Finally, if you really can not afford or if you have a tight budget, prioritize taking care of your old TV over buying a new one. It goes without saying that you save money by not buying a new TV, but by taking care of the one you already own, you can get a few more months or years out of life.
A couple of ways to do this are through clean your TV which usually makes your visual and audio experience better and clearer. If the sound is not as loud as it used to be, instead of replacing the entire TV, you can buy accessories that best soundbars to improve the sound quality.
If you want to save some money on the TV you have right now, start by not leaving it in standby mode. This has a huge effect on your energy bills and is a waste of electricity. You can also cut back on the channels and subscription services you use by downgrading your plans so that you spend less each month. If you are interested in tips on how to save money on streaming, check it out how to save money on streaming services for more.