Circuit Sh-City, not so Sh-City!

[JVC]

Make sure that 18 months no interest deal doesnt require payments, or you'll get a nice black mark on your credit file. Most of those same as cash deals require payments during the "free" period, but if you miss, the interest is retroactive - and don't rely on the finance company to send you a big reminder during month 17. It won't happen.

Even though you pay no interest, if paid off, within the 18 months, interest still acrues(sp?) If you don't pay it off, within the 18 months, you pay the interest on those first 18 months, which can add up to be sizable. This is the same as 18 months - same as cash. The finance company will probably set it up as a three year loan. So, if you make minimum payments, there's no way you'll have it paid off. Read the agreement, and ask questions..........

I bought my first surround system, like this, but 12 months instead of 18. It was setup on two year loan. We planned all along, to pay it off when we got our tax refund check. Tax refunds come in handy.

 

[hemiram]

I bought my TV at Sears with the 18 month no interest deal. If I could go back in time, I would have waited a few months, and saved a couple of hundred bucks, but I couldn't take the constant crackling my 23 year old TV was doing due to a defective volume control (potted into a front panel module), and the replacement for it (found it online!) was almost what a decent new 27" CRT TV goes for, so I passed. Sear's price was what all the other local stores had on it, and almost exactly what One Call and several online vendors wanted anyway.

I make as large as possible payments on it every month. Last month, I didn't have to make any payment, but I gave them $150 anyway. I only owe $800 on the total bill now (I bought a drill press and BIG cordless drill too), and should have it paid off by the 12 month or so mark.

I got a similar deal from Dell when I bought my laptop from them a year and a half ago. An insurance check paid for almost all of it, and it was paid off in 9 months.

 

[GreenJelly]

We all could wait a few more months and find a better deal. This is the way it is with computers and electronics. The value drops so fast that sometimes weeks will pass and the price could drop by $40.

I bought some memory from new egg... and 7 days later it was $40 cheaper... DOH!

I plan on paying of the load at 17 months, so I wont have to pay a dime in interest.

Mike

 

[hemiram]

Yeah, I think all of us in this hobby or any electronics based one, has had the pleasure of buying something and seeing it being closed out or on sale a short time later. I bought a video card, a fairly high end one and a few weeks later, they released the next generation chipset, and the price on my card dropped almost $100 bucks. I couldn't wait, the old card was dead, and I didn't have a spare PCI card, all I had was an old VESA one.




I just gave Sears another 150 bucks. I should have it paid for by May at the latest.

 

[GreenJelly]

Circuit Sh-city isnt quit so Sh-city in this area. They promise their prices for 1 month after purchase. Of course it seems you pay more no matter what you buy.

I LOVE NewEgg, but NewEgg has no such plan, and if something is DOA you end up having to ship it back to them. However, often times they will refund you some of the money on these times.

Mikr