File photo of Christmas gifts Flickr Creative Commons
Hide Caption

Four things that will be cheaper after Christmas

Don't Waste Your Money

a a a a
Share this story

We're now in the final weeks to finish our holiday shopping.

Many of us are now trying to find the lowest price on a gadget or gift for someone special.

But if you can wait till after the holidays, you can score a much better deal.

Cheaper After Christmas

Every store is advertising big sales during the countdown to Christmas.

But Kiplinger's Personal Finance says if it's not a gift, and you can wait, you will get a much better price on a number of items.

Among them:

Cars: The best deals are the year-end sales between Christmas and new year's...Plus you won't have to pay for a big red bow.

Name brand TV's: The best sales are in January, and right around the Super Bowl.

Furniture: January has the biggest furniture sales.

Luggage: The biggest sales are in March

And from the doesn't that stink file -- the secret of many pre-Christmas sales: The discounts are really not that great.     

The Wall Street Journal says retailers make higher profit margins this time of year than in the spring and summer....which may leave you saying doesn't that stink.

The Journal says many of the biggest holiday season markdowns are on items that were never sold at their full price to begin with.

Think about it: If retailers were really selling everything at 40 or 50 percent off right now, they would be losing money.

Instead, the Wall Street jJtournal says they are making their best profits of the year this month.

Good to know so you don't waste your money.

_______________________

Don't Waste Your Money is a registered trademark of the EW Scripps Co.

"Like" John Matarese on Facebook

Follow John on Twitter (@DWYM)

Copyright 2013 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Print this article

Comments

Hmm... It looks like you’re not a WCPO Insider. or Subscribe now to contribute!

More DWYM
Need MRI or CT scan? How to save hundreds
Need MRI or CT scan? How to save hundreds

John Matarese shows a great alternative to expensive hospital scans

How to get rid of old electronics for cash
How to get rid of old electronics for cash

Do you have an old computer or an ancient cellphone sitting around your house? With Earth Day upon us, it’s the perfect time to do away…

Popular app turned out to be a fake
Popular app turned out to be a fake

John Matarese warns why trusting apps just because they are popular is not a great idea

App of the Week
App of the Week

Check out John Matarese's latest money saving smartphone apps.

Consumer Reports pulls recommendation of 3 SUV's
Consumer Reports pulls recommendation of 3 SUV's

John Matarese has details on an unusual pulling of car recommendations

Magazines now ask you to renew constantly
Magazines now ask you to renew constantly

John Matarese has a caution for magazine subscribers

iPhone 6 plans leaked: Bigger, thinner
iPhone 6 plans leaked: Bigger, thinner

John Matarese has a preview of Apple's upcoming new iPhone.

Cobalt, Saturn owners anxious for repair
Cobalt, Saturn owners anxious for repair

John Matarese reports on the wait for ignition switch repairs

You Win Wednesday freebies
You Win Wednesday freebies

John Matarese shares the latest freebies. Click here for App of the Week

Home improvement blunders you should avoid
Home improvement blunders you should avoid

This time of year, homeowners are eager to spring into action and get started on home improvement projects. But in order to increase your…