Reporting Al Sunshine
MIAMI (CBSMiami) – It’s one of the earliest starts of the holiday shopping season in years but price-watchers in South Florida and across the country are now warning some Black Friday “deals ” may not really deliver the deepest discounts of the year.
So what do some local shoppers have to say about Black Friday and the start of the holiday shopping season? Are they going to shop until they drop? Not as much as you might think.
Miami shopper Jasther Hernandez said this year he’s cutting back on his Black Friday shopping.
“I’m definitely spending more this year than last year,” said Hernandez. “Actually you get a better deal more towards Christmas. Everybody seems to lower their prices a little bit more closer to Christmas.”
Dan de Grandpre of dealnews.com agreed.
“They are trying to make more money from you,” said de Grandpre. He said toy prices early in the holiday season are rarely the lowest.
“Definitely wait, unless it’s an item you just can’t find like the new Furby, you should wait. The fact of the matter is that retailers have their best toy prices in the first 2 weeks of December, they have their biggest inventories, they start to slash prices to get rid of items.”
What about brand name TVs?
Insiders say the lowest close-out pricing really won’t come until early next year.
What about all those Black Friday deals on the latest digital cameras?
“You’re better off waiting until January or February, that’s when new digital cameras come out.
If you’re in the mood for a little holiday “bling” like a new watch or some jewelry, the holidays may not be the best time to buy.
“There are 2 times a year that prices on jewelry are highest. One is Valentine’s Day, the other is the holidays when there is most demand, the prices will be the highest,” said de Grandpre.
Cordea Johnson said she’s given up on all the Black Friday hype.
“I did it and I hated it,” said Johnson. “I actually do Cyber Monday so I don’t have to deal with waiting in line and all that craziness. I just sit at my desk and click on what I need.”
Because of the popularity of online shopping, many retailers now offer the same Black Friday deals on their websites.
No matter how you start your holiday shopping compare prices for the best deal, use cash or the lowest rate credit cards to avoid finance charges, save all receipts and double check return policies.
> Check out dealnews.com for more.