Did Santa forget something? A big-screen TV? Or maybe a new computer?
If you still want it, consider an “open-box” deal. Now is the perfect time to find them, since an estimated 15% of holiday gifts will be returned this year.
If a retailer can’t put the item back on the shelf, it’ll probably reduce the price and offer it as an open-box item.
So, if you’re willing to buy something that was under someone else’s tree, you might be able to do some shopping at a serious discount.
Want to see what’s available? Here are five places to find open-box deals online.
1. Amazon Warehouse
The Amazon Warehouse has hundreds of thousands of items in a variety of departments; all are “hand-checked” for quality, eligible for Prime shipping and have a 30-day return policy.
Though Amazon says it “thoroughly test[s] the functional and physical condition of each item,” it doesn’t offer a warranty on its open-box products.
2. Best Buy
The Best Buy Outlet can answer all of your electronics wishes, with deals on computers, tablets, TVs, phones, cameras and more.
Best Buy’s open-box items feature its “Return & Exchange Promise,” as well as a manufacturer’s warranty.
3. Overstock.com
As its name suggests, Overstock.com features overstock and open-box items in nearly every department, from clothing to furniture.
It offers free shipping on orders of $50 or more, as well as a 10% coupon when you sign up for its email list.
4. Newegg
Known for deals on electronics, Newegg’s open-box store mostly features significant markdowns on computers. While browsing the site, we saw several items discounted by 50% or more.
If you sign up for a free 30-day trial of its Premier membership, you’ll get free expedited shipping and returns.
5. Blinq
Though I’ve never heard of Blinq before, its rave reviews make it seem like a strong contender in the open-box game. It has great prices on overstock, open-box and refurbished products in a wide variety of categories.
Blinq offers free shipping on every order, as well as a 10% coupon when you sign up for its email newsletter.
How to Buy Open-Box Items
Before you run off to score your open-box deals, make sure you’re shopping smart.
Here are some tips for buying open-box items, thanks to a recent U.S. News and World Report article:
- Only buy from companies you trust; if you haven’t heard of the company before, research it thoroughly.
- Find out why it’s an open-box item, and make sure you’re okay with the reason.
- Carefully check your item for imperfections or flaws; if you find any, ask for a further discount.
- Double-check you’re protected with a money-back guarantee, generous return policy or other warranty.
Follow the precautions above, and you could find some great prices when exploring the world of open-box inventory!
Your Turn: Have you ever bought an open-box item?
Disclosure: You wouldn’t believe how much coffee The Penny Hoarder team goes through. This post contains affiliate links so we can keep the grinds stocked!
Susan Shain, senior writer for The Penny Hoarder, is always seeking adventure on a budget. Visit her blog at susanshain.com, or say hi on Twitter @susan_shain.
The post Save Big on Everything Santa Forgot With This Post-Holiday Shopping Strategy appeared first on The Penny Hoarder.
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