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A lot of people’s finances have taken a hit due to the extended bout of inflation we’ve all been dealing with. If that’s the boat you’re in, then something like a new TV purchase may not be in the cards right now.
But if your financial situation is generally strong, and you didn’t rack up debt during the holidays that you now have to pay off, then you may be thinking about upgrading your TV. That could be a worthwhile purchase, especially since it’s an item you might use every day.
You have plenty of retailers to choose from when shopping for a TV. But you may want to buy a TV from Costco this month for these reasons.
1. TVs tend to go on sale in January and early February
A certain major football game tends to take place during the first half of February every year. In the weeks leading up to the big game, retailers tend to slash prices on TVs. And chances are, 2024 will be no exception.
During the second half of the month, we could see a range of TV deals at Costco. And even if Costco doesn’t offer steep discounts, you may find that its prices are more competitive than other retailers’ — even if those other retailers do have sales running.
2. Costco TV purchases include an extended warranty
When you’re plunking down a good amount of cash for a purchase like a TV, you want some reassurance that it’s going to last. Not only does Costco stand behind its products, but it also offers a free second-year warranty on electronics, TVs included.
Also, you’ll get free technical support with your TV purchase, so if you run into problems setting it up, you won’t have to pay for assistance.
3. Costco’s return policy is generous
When you buy a TV at Costco, you get 90 days to take it back if it doesn’t meet your needs or expectations. That gives you plenty of time to try it out and work through any issues you encounter.
Sometimes, a new electronic device has hidden “gotchas” that don’t always become obvious right away. So getting 90 days to try out your new TV makes it more likely that any such issues will reveal themselves in time for a return.
4. You might score some nice cash back on your purchase
If you have an Executive membership at Costco, you get 2% cash back on all of your purchases — TVs included. So a $1,000 TV purchase could put $20 in your pocket. And that Executive member cash back is on top of any cash back you may be entitled to from your credit card.
If a new TV is something you’ve saved for and can afford, then now may be a good time to start researching models. And while you should definitely look at competing retailers to see which one has the best prices, it pays to at least put Costco on your list for these reasons.
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We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.Maurie Backman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a disclosure policy.
