Buying a New Laptop: 13 Money Saving Tips

 Buying a New Laptop: 13 Money Saving Tips

 

In 2020 alone, laptop and desktop computer sales reached more than 302 million units. That’s a staggering 13% increase from the previous year’s sales!

Fast forward to 2021, and experts project computer shipments to be even higher than 2020. They forecast total sales to reach 347 million units this year. They also expect notebook PCs, including laptops, to drive sales.

So, if you plan to buy a new laptop yourself, it’s best to start preparing now. That way, you can employ the best money-saving tips that will help you snag a brand-new device for less.

We’ll share some of the top cost-cutting strategies for laptop purchases in this guide, so be sure to read on.

1. Consider Buying From the Manufacturer

You can often find the best price on laptops straight from manufacturer websites. After all, they’re the ones that set the manufacturer’s suggested retail price (MSRP). Thus, you can expect laptops sold via manufacturers’ sites to have prices no higher than the MSRP.

By contrast, computer retailers may charge a bit more than the MSRP. As they need to make profits, they have to markup the cost of the products they resell.

So, by buying a laptop from the manufacturer’s site itself, you may be able to save on costs as you won’t pay for a markup.

2. Join Manufacturer Newsletters

Computer manufacturers, including Dell, Lenovo, and Samsung, offer deals to their newsletter subscribers. That’s another incentive to do your online shopping with laptop makers themselves. It’s free to sign up anyway, so there’s no reason not to if you want to save a lot of dough when buying a laptop.

For example, signing up with Dell will give you access to a 10% discount coupon on specific devices. On the other hand, Lenovo offers a $100 discount to new subscribers. If you want to go with Samsung, though, signing up will get you $50 off on your future purchase.

3. Check Your Mail

Being a newsletter member also grants you early access to the latest offers. So, you’ll know if there will be a price drop or a weekend sale before non-members will. You can then buy that new laptop for less before supplies run out.

4. Browse Retailer Deals

Sometimes, retailers like Amazon and Best Buy offer better deals than manufacturers. These are usually exclusive to members, though. As such, it also pays to sign up for an account with them if you haven’t yet.

However, some of the most significant retailer discounts are for older models. These are still brand-new, but their specs are usually lower than the latest models. If you’re okay with that, though, then buy one so that you can get a fresh-from-the-box device for less.

5. Start Shopping Around Before Black Friday

There’s no doubt that Black Friday is one of the best times for finding deals on laptops. However, some computer makers already offer price reductions several days before Black Friday. For example, some of them roll out discounts on or even before Thanksgiving Day.

In addition, if you shop around early, you can have more time to research laptops you may want to buy. You can check out their specifications and then compare them with similar models. You can then cross out those with poor reviews or specs lower than your computing needs.

6. Be Ready for Black Friday

Consumers spent $9 billion on purchases made during Black Friday 2020. That made it go down in history as the second-largest online spending day in the United States then.

Black Friday is a special day as it’s on this day that merchants offer some of the steepest discounts of the year. They do so in the hopes of kicking off the holiday shopping season.

For that reason, you might want to wait until November 26, 2021, to buy your new laptop. However, be sure to prepare a list of prospective models beforehand. That way, you can avoid out-of-stock mishaps and instead snag the one you want the most at a great price.

7. Don’t Despair: There’s Still Cyber Monday

Cyber Monday is an extension of Black Friday, occurring the following Monday. In 2020, it outperformed Black Friday, with shoppers spending $10.8 billion.

As the name suggests, Cyber Monday is a 24-hour shopping event held exclusively online. That’s one of the primary differences between Cyber Monday and Black Friday.

So, don’t worry if you miss out on Black Friday, as you can still expect great laptop deals during Cyber Monday.

8. Shop Your Heart Out on Super Saturday

Let’s say your existing laptop breaks down after Black Friday or Cyber Monday. In that case, consider replacing it with a brand-new one by doing your shopping on Super Saturday.

Super Saturday refers to the last Saturday before Christmas Day. It’s a primary revenue-making day for US stores, usually targeting last-minute shoppers. While the deals aren’t as steep as those on Black Friday or Cyber Monday, you can still get a discounted laptop.

9. Stay On Top of Price Changes

Some computer manufacturers offer a price guarantee, also known as price protection. It’s a policy that gives shoppers rebates if the price of a product they buy drops after the purchase. The customers would then get a refund for the difference.

Lenovo is one of the companies that offer a guarantee on the base price of their products. At the moment, its policy applies to orders made from October 17 to December 17, 2021.

So, suppose you buy a new laptop from Lenovo online store on Black Friday for $1,000. If its price drops to $800 the following week, the price guarantee may apply to your purchase. In this case, you should let the store know so that you can get your $200 refund.

Dell is another company that has a price protection guarantee. It’s similar to Lenovo’s, although it only runs for 30 days from the invoice date.

10. See if You Qualify for Special Discount Programs

Many laptop manufacturers run and offer year-round deals to specific customers. These include students, educators, senior citizens, healthcare workers, and military personnel. What’s more, these discounts aren’t only for laptops, but desktops and accessories, too.

Samsung has some of the best special offers out there, giving up to 30% of combined discounts. These apply to students, parents, teachers, first responders, military, and even government workers. Some are also available to employees of participating companies.

Lenovo also offers a 7% discount to active and veteran military members. For students, educators, healthcare workers, and adults at least 50 years old, the offer is 5%.

If you want to go with Apple, you may qualify for a special discounted price, too.

For example, the Cupertino-based company offers a $100 education discount on MacBook Air. Military personnel, veterans, and immediate family members can also get a 10% discount. There’s also a special pricing offer for federal, state, and local government workers.

11. Trade-in Old Devices

As of 2019, US households owned an average of 11 connected devices, seven of which have screens. Those include TVs, smartphones, tablets, computers, and in some cases, portable gaming consoles.

If you have any of those lying around at home unused, consider trading it in. Companies like Apple, Best Buy, Dell, HP, and Lenovo run such programs. They may then give you a voucher, gift card, or cash that you can use to trim the price of the new laptop you want to buy.

12. Use a Credit Card With Cashback Rewards

Some credit card issuers offer cashback rewards for electronic purchases. A few examples are Bank of America, Capital One, and Chase. The reward rates vary, but they usually range from 1% to 3% of the total invoice price.

For example, let’s say you buy a brand-new laptop for $1,000, and your card has a 2% cashback offer. That’s a $20 cashback that your credit card issuer will deduct from your card statement.

Aside from a cashback, your card may also offer 0% financing for installment payments. That will make it easier to afford a new laptop, as your card issuer will spread its cost over a few months. You can usually pay it back over six months, but some card issuers offer terms of up to 12 months.

13. Cut Costs With Clearance Deals

Clearance sales help trim excess inventory in stores and the fulfillment chain. They also let sellers clear shelf and storage space to prepare them for more in-demand items.

In the computer sector, clearance offers are often for older models. As such, you can expect clearance laptops to be at least one generation older. For the same reason, though, merchants cut their prices by about 50% or even more.

So, if buying an unused, albeit older laptop model doesn’t bother you at all, be sure to check clearance deals.

Get a New Laptop for Much Less With These Money-Saving Tips

As you can see, there are more than a dozen money-saving tips that can help you get your hands on a brand-new laptop. Just keep in mind that you can usually find the best deals during Black Friday, followed by Cyber Monday. In case you miss out, though, then be sure to check year-round offers and clearance sales.

Are you looking for more guides on how to save money on tech, games, or even health? Then feel free to check out our other blog posts!

 

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