Who does not want to get the most convenient price especially during a time of economic hardship? Everywhere is full of ads for deals from dealers who want you to buy from them. They are using special price promotions for selected customers, settlements for the customers. Who arrive earlier, crazy discounts at midnight, savings days with coupons, and liquidations before and after the holidays? However, how can you know if these promotions are convenient for your pocket? The Federal Trade Commission (FTC). The national consumer protection agency has some recommendations to help you get the most out of your money.
Search and compare: The “offer” price is not always the “best” price. Some merchants offer a discounted or liquidation price on an item for a limited time. Others can offer items with a discount every day. If you have the manufacturer’s model number and other information about the item you want to buy, it may be easier to get the best price.
Read the sale announcements carefully. Some ads may say limited quantities no vouchers issued in case of lack of stock not available in all stores. Before going to the store, call to make sure they have the item in stock. If you are in need of an item that is highly sought after by all or difficult to find ask the merchant if he is willing to reserve it until you can go to the store.
Consider the costs of the trip and the time it will take to arrive. You find a discounted item. You have to go look for it on the other side of the city how much are you actually saving. Add up the cost of your time and the costs of transportation and parking. Look for price matching policies. Some merchants will offer you a price equal to better than that of your competitors at least for a limited time. Read the merchant’s pricing policy because it may not apply to all items.
Check the internet. Visit the price comparison websites of the articles offered online. If you decide to buy from a merchant that operates on the internet, keep in mind the cost of shipping and the delivery time. Evaluate well the promotions that are based on the purchase of additional merchandise. For example, “buy one and take two” or “free gift with your purchase”. If you really do not need or want what they give you, it is not worth it.
Ask about the reduced price adjustments. If you buy an item at a normal price and next week you lower it, can you get a credit or refund for the reduced amount? What documentation will you need? Consult the policies of reimbursement and return of the items on offer. Merchants usually apply different refund and refund policies for offer or liquidation items.