Princeton Capital Blog

What to Buy in August

August 1st, 2013

August_CalendarWhat to Buy in August

Anything to do with going back to school is generally going to be a good bargain in August. The stores have a lot of stock up sales for clothes and school supplies. And it’s considered end of the summer season, so all summer time items should be at great prices.

We weren’t able to find any freebies for this month, so if you find one, please put it in the comments for everyone.

What’s a good buy

  • Cars: It’s the year end close-out sales because the new models are coming in, and the dealers want to clear the lots.
  • Office and School supplies: Because of students going back to school, places like Target and Office Depot are having fire-sales.
  • Hotels: Third-party booking websites such as Hotels.com and Orbitz.com usually offer the best coupons and rates during August. Last year, Orbitz saw a 15% decrease in booking costs, and Hotels.com gave special deals up to 50% off in conjunction with other coupons.
  • Wine: ’Tis the season! If your dream wedding includes a scene of country fields, book a wedding at a vineyard in August, because it is harvest time for some areas of the country.
  • Storage Solutions: Again because of students going back to college. You can look for some good deals.
  • Clothes: Thank you student sales! Actually, there are great sales on Fall clothes, and even better deals on Summer clothes as the merchants want to free up rack space. It’s also the last chance for swimwear.
  • Grills and Patio Sets: Now that summer is “over” according to the stores, you can pick up some wonderful outdoor furniture to enjoy during the rest of the season.
  • Camping Equipment: Like grills and patio sets, now is a great time to pick up stuff to play with the rest of the summer
  • Laptops: We’ll say it again, let’s hear it for back to school sales! You’ll find some really good bundle deals for laptops right now.
  • Luggage: By August most people have already finished their summer travels. They may be planning a fall getaway, or their holiday travels, but since that’s not for months, that makes now a great time to replace or add to your luggage collection.
  • Seasonal Produce: The late summer harvest yields fruits such as apricots, blueberries, grapes, mangos, melons, nectarines, kiwi, peaches, plums, raspberries, strawberries, and watermelon, all of which will be ripe and cheap. Readily available vegetables include corn, cucumbers, bell peppers, beets, eggplant, green beans, green onions, lettuce, okra, radishes, summer squash, and tomatoes.
  • 55″ 3D HDTV’s:While July was the lowest price so far since November, the prices are still very low for this type of television.

What not to buy

  1. Smartphones – New iphone models are usually announced in September or October. Here’s a guide for how to time buying a smartphone. The difficulty lies in different companies releasing at different times, and then different cell phone providers offering different deals. So, keep your eyes and ears open, and track the prices so you know what to expect.
  2. Tablets – September is usually the date when Amazon releases the new Kindles, so hold off buying until the new model is out. Then you can pick up the older model for quite a bit less. Google introduced the second-generation Nexus 7 recently for $229, which is slightly more than the previous generation’s price point of $199. All eyes will then be on Amazon to see if the store does the same. If the new Fire is cheaper, and the slightly pricier Nexus tablet doesn’t sell like Google hopes, then we might see special promotions for the Nexus 7 that bundle the tablet with a media credit for music, videos, or books.
  3. 32″ Televisions – f you’re going back to school and need a 32″ set for the dorm, wait until September to buy one. Current sets are priced higher than normal. Last September, stores reduced the prices to lower than Black Friday deals.

 

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