Black Friday: What to Buy & What Not to Buy

by Beth Montgomery on November 17, 2010

in Holidays, Store Deals

We’re still counting down the days until Black Friday, but to make sure you are a savvy shopper, I have some important tips for you regarding what to add to your shopping list and what to skip.

Now here’s my disclaimer.   The following is based on the majority of stores, previous holiday sales, and my experience.   If you find a deal that is the exception, not the rule, wonderful!   Go for it.   Black Friday savings are often 50-80% off regular prices, so make sure you’re getting a good deal, know the regular price!   It’s that simple.

Also, make sure you don’t buy anything you don’t need, want, have the money to buy, or   anything you don’t have room for in your home!   Don’t get sucked into the hype.   Be savvy.   Stick to your well thought-out list.

When it comes to your Black Friday shopping list…

Of course, there’s the popular buys! On Black Friday, most people are shopping for toys, games, and electronics and there are some really great deals on there on them.   It really depends on what you’re looking for and how popular it is this year.   Most popular items are often doorbusters with limited quantities, so if you aren’t one of the first people in the door, you won’t score the great deal.

Clothes! Many don’t realize but the deepest discounts and best deals on Black Friday are often on clothes.   Be selfish and pick yourself up a few cute outfits, grab some for the kids, and maybe treat a few people on your list to something to add to their wardrobe.   Best part?   You don’t have to bust doors to get the clothing deals.   Yes, some great buys will have limited quantities, especially at stores like Old Navy, but other stores like Sears, Target, and Walmart will have great clothing deals that are often overlooked when all the focus is on electronics.

You might want to skip jeans though.   On Black Friday, the average jean discount is only 20-30% and you’ll find better sales closer to Christmas.   Need a new coat?   You’ll definitely find great deals on must-have winter items, like coats, gloves, boots, and hats!

Big-screen T.V.? With ads featuring huge televisions, it’s hard to believe I’m telling you not to buy one.   Well, I’m not saying not to buy one.   Exactly.   I’m actually telling you to do your research well!   Black Friday is a great time to buy a no-name television or a television that is just about to be replaced with a newer model.   So, if you don’t worry about having the latest toys or brand names, buy away.   However, if this year is anything like past years, the best deals on high-end, brand name televisions are usually the 1-2 weeks following Black Friday or after the holidays in January.

Time for a new car? Did you know that Black Friday is the best day to buy a car?   While everyone is hitting the retails stores, car dealers are also offering deep discounts to make room for the new models.   If you’re in the market for a car, you’re best bet might be to skip the retail shops and head to dealership.   Recent studies showed you’ll find the highest discounts on cars on Black Friday when compared to every other day of the year.   Wow!

Skip the extra warranties and add-ons. With electronics prices dropping, many stores raise the prices of their extended warranties and extras to recoup the cost.   If you buy the add ons Black Friday, there’s a good chance you’ll end up paying as much as you would have on any other day.

Upgrade your appliances! Like with cars, next years models moving in and stores need to get rid of the old.   Most people aren’t shopping for appliances on Black Friday, but stores need to get rid of them.   That’s why stores discount prices on refrigerators, stoves, dishwashers, washing machines, dryers, and all of that fun stuff!   My dishwasher gave up and I’m washing by hand until Black Friday for a good deal.   I tried my hand at haggling, but the stores refused, even when I pointed out that their prices would be lower soon.   In fact, you can save up to 50% on home appliances on Black Friday.

Tools? While we girls are shopping, the boys need something to entertain themselves, thus you’ll see many great deals on tools on Black Friday.   In my opinion, this is genius on the part of the stores and keeps husband entertained for hours.   Let him buy a little something for himself too!

And, a few tips for relevant to 2010 only…

Blu-Ray Player! Wait on the television and buy a Blu-Ray player now.   Because Blu-Ray prices haven’t really dropped this year, stores are slashing prices to entice you into the store.   If you need or want one, let them.

No deals for the iPad. The iPad is the newest and latest thing and many want one now.   Because we’re willing to pay top dollar and it’s a hot item, I haven’t seen any deals for iPads and experts are predicting that we won’t see one all holiday season.   I haven’t however seen deals for iPad accessories.

Check out a laptop! Laptops are looking like the thing to buy this year.   With prices as low as the Netbook, go all out and get a laptop instead.

The holiday season is upon us. Save here:

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