Advertiser Disclosure

Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. does not include all banks, credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, Chase, U.S. Bank, and Barclaycard, among others.




Dig Deeper


Become a Money Crasher!
Join our community.

How To Get The Best Deal On A New Television



Just last week I had my home television break after years of faithful service. My television and I had a great relationship for many years until one day it just stopped working. The picture became fuzzy and lines ran all across the television. Images were doubled and it was impossible to read anything on the screen. I considered having my television repaired but estimates placed repairs at $300 and upward. I also didn’t have a warranty because TV’s are one of the situations where extended warranties are not worth it. So sadly, I decided to buy a new television.

Here are a few things that I learned during the buying process that will help you get the best deal on a new television:

1. The best deals can sometimes be found in the stores.

The Internet is a great resource and you can find many great deals online. But when it comes to television shopping, I found that the best deals are not always found online. You need to take the time to actually physically visit the stores. At the stores, you will find deals that are not always advertised online and will often notice that there are more models to choose from. You also have the ability to negotiate the price at retail chains. At Best Buy and Walmart, store managers have the power to lower the price on your electronic purchase to help facilitate the sale. At hhgregg, for example, sales associates are trained to negotiate prices with customers. Some stores are even willing to sell the floor models for a lower price. You can also often get them to throw in warranties for discounted prices.

I’m not saying the best deals are always in brick and mortar stores. I’m simply saying that you shouldn’t assume that the best deal is always online. Do your homework.

2. Be sure to compare apples to apples when comparing prices.

Before comparing prices, make sure that the models you are comparing have similar specs. Also, you need to balance your needs as far as technical specs and price to find the best deal for YOU. I am not a tech geek so I had to learn the difference between television types and picture formats to figure out what I actually needed. I previously had no idea how 780p compared to 1080i. Also, the differences between LCD’s, Plasma TV’s, and LED’s are very important as far as quality and durability. There were also newly-released 3D TV’s that were quite impressive. Just always make sure to keep in mind that when comparing one model to another, the prices can vary substantially based on features and specs. Again, do your homework!

3. Start with the biggest retailer first.

I always start with Best Buy for my electronics needs. They are the largest electronics retailer in the United States and they are the closest to my home. It’s a great idea to use these retailers as a reference point before heading to other electronics retailers. The retail industry is an aggressive one, so most retailers are willing to beat the prices of another company with their price guarantees. Make sure to inquire which retailers do match competitor prices or you may never know that this option exists. Walmart offers low pricing, but does not honor many competitors’ coupons. On the other hand, hhgregg offers to match a lower advertised price for an identical, in-stock product from local competitors or major online retailers.

You may be wondering what television I ended up getting. Well I got the best deal on the television that I was looking for at hhgregg. I managed to get a 50-inch flat screen television for just over $500. I received a $50 coupon just for registering with the company’s website and was therefore able to lower my purchase price. The same television was almost over $300 more at Best Buy. I am pretty pleased with my purchase and feel as if I got a good bargain. The lesson to be learned is that you should take your time and shop around for the best deal possible. It’s a big purchase, so make sure to get the best deal possible.

Do you have any helpful tips that could help others looking to buy a television?

Mark Riddix
Mark Riddix is the founder and president of an independent investment advisory firm that provides personalized investing and asset management consulting. Mark has written financial columns for Baltimore and Washington, D.C. area newspapers and is the author of the book, "Your Financial Playbook."

Next Up on
Money Crashers

Couple Holding Sports Tickets

13 Places to Buy Cheap Discount Sports Tickets Online & Off

More than 1 in 10 millennials have fallen victim to ticket counterfeiting, according to a study by anti-counterfeiting outfit Aventus. You probably know someone...
Find Good Doctor

How to Find a Good Doctor You Can Trust

According to a study published in The Journal of the American Medical Association (JAMA), cases of delayed, missed, or incorrect diagnoses are common -...

Latest on
Money Crashers

Sign Up For Our Newsletter

See why 218,388 people subscribe to our newsletter.

What Do You Want To Do
With Your Money?