Best things to buy in February
It's a great month to find deals on bedding, high-end coats, 2012 electronics and the largest big-screen TVs.
This post comes from Lindsay Sakraida at Dealnews.
February may be our shortest month of the year, but it's not lacking when it comes to savings. You might not score as big a discount as you would like on a Valentine's Day gift, but this month you'll find deals on several necessities like winter coats, home goods, and (obviously) big-screen HDTVs.
We've rummaged through the Dealnews archives of sales, coupons and daily deals to find out what the best and worst things are to buy in February.
V-Day deals won't shine
Since many Valentine's Day gift categories are at their most in demand during the first two weeks of February, the discounts on those items are generally pretty modest. However, that doesn't mean you should give up and pay full price for things.
At the very least, look for coupons at lingerie stores like Victoria's Secret (last year it took $15 off $100 orders) and value-driven jewelry sites like Netaya, ICE.com, Limoges Jewelry, and Ross-Simons. Even department stores are worth sorting through, if you can find a storewide shopping pass that applies to V-Day worthy goods. Expect discounts of 15% to 30% off before Valentine's Day, with sales that take up to 50% off or more after Feb. 14.
And if you don't have a date to shower with gifts, buck up: Several restaurants and food chains like Waffle House and Krispy Kreme offered freebies last year to help you forget this fact. (That said, in 2012 Qdoba required that you kiss someone to get a free second entrée, so make sure you're prepared for that possibility this year.)
Prepare for Presidents Day sales
The best part about a holiday weekend isn't necessarily the day off, but rather the inevitable sales. You can expect quite a few Presidents Day sales during the three-day weekend, which will take as much as 80% off on a plethora of apparel, as well as tools, bedding and furniture.
Some retailers tend to offer deeper discounts on existing sales, while others will lean toward modest coupons (likely an extra 20% to 30% off) that are applicable sitewide. Look to clothing and department stores for a big Presidents Day sale push.
Don't buy the iPad mini just yet
Since the iPad mini supposedly won't receive an upgrade until July, some Apple fans may be considering buying the diminutive tablet now. However, if you can wait until at least late April or early May, then you can likely score a high-quality refurbished model at the Apple Store, which will carry a one-year warranty, the same as new units.
We predict that the 16GB Wi-Fi model will drop to $289 or $299 at this time, and if you wait until the iPad mini 2 debuts in July, then refurbs could fall even lower.
Tax software deals have been coming in hot
We mentioned in the January buying guide that tax software deals will pop up throughout the weeks leading up to April 15, and we noted that Editors' Choice sales specifically picked up steam in February last year. So far in 2013, though, the deals have offered stronger discounts than they did at the same time in 2012. In fact, we've already posted markdowns of up to 58% off programs from H&R Block and TurboTax.
Thus, it's reasonable to expect that these deeper, early cuts could translate into even better sales in February and March. As a point of reference, look for 2013 software titles to drop to $20 or less.
Wait at least another month to buy a phone
There weren't many groundbreaking phone announcements at the Consumer Electronics Show this year, so most industry experts predict a greater number of debuts at the Mobile World Congress in Spain in late February. Once the latest fleet of mobile models is released, we'll see even greater deals on all previous generations.
Admittedly, we're already seeing some noteworthy deals, but they should get even better post-MWC. Look for a greater number of phone deals on hot Android and Windows Phone models with a greater variety of carrier options.
It's the perfect time to get a high-end coat
Brands like Columbia Sportswear that specialize in cold-weather gear have reportedly experienced weak sales due to the relatively mild winter, and, much like last year, we're predicting steep discounts on outerwear as a result. In fact, we've seen double the number of deals on items from The North Face, a brand that typically is excluded from sales.
This is an especially good time, then, to invest in a high-end item, like a long, down-filled coat. Since some coats will be discounted up to 85% off, you can save hundreds of dollars on a quality style that will keep you warm for years to come.
Expect electronics clearance sales
Last month we noted that as new electronics from the Consumer Electronics Show begin to hit shelves, retailers will make room for them by offering discounts on old stock. This effort continues in February, and includes markdowns on a variety of electronics, including small gadgets and audio equipment. To take advantage of these deals, keep a lookout specifically for 2012 models in the category of your choice.
An abundance of deals on big-screen HDTVs
While November is traditionally the best time to buy a new HDTV, this year January and February are proving to be the best months for purchasing a big-screen HDTV. Prices on 55-inch and 60-inch 1080p LCD HDTVs are currently among the lowest we've seen in the past 12 months. Just last month we saw a Westinghouse 60-inch 1080p set for $700 shipped (the second-lowest price we've ever seen for any 60-inch 1080p LCD set). Likewise, 55-inch 3-D HDTVs are enjoying all-time low prices, with name-brand sets fallng to as low as $800.
So, if you've had your eye on an upgrade, now is an excellent time to buy. For name-brand 60-inch sets, look for prices at or below $900. For third-tier sets, look for deals below $750. And name-brand 55-inch 3-D deals will be priced at $800 or below.
Ivy Bridge laptops remain under $400, but choose Core i3 over i5
As we predicted last month, deals on 16-inch Ivy Bridge laptops have remained at all-time low prices. In fact, the past three months have yielded the lowest three prices we've seen on these laptops.
For Ivy Bridge Core i3-based laptops, look at deals at or below $380 ($350 is the all-time low price we saw in December). Core i5-based systems on the other hand jumped from an all-time low of $398 in December to a high of $500 in January. So for the time being, the savings are mainly found on the Core i3 systems.
More on Dealnews and MSN Money:
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
ABOUT SMART SPENDING
LATEST BLOG POSTS
Your Easter celebration, from ham and eggs to spring clothes, will take a bigger toll on your wallet this year.
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'