Big fan of Black Friday shopping? It's a popular day to get deals on all sorts of things, especially electronics. But Consumer Reports explains why it might not be the best time to shop for a TV.
Consumer Reports says Black Friday bargains have changed in recent years.
"Probably the biggest trend with Black Friday that we've seen is just that it's no longer about Black Friday the day... and it's Black Friday, the week, the month. We see deals, creeping up earlier and earlier every year," said Jim Willcox.
Unfortunately, this shift in Black Friday shopping hasn't been all good.
"One of the downsides to Black Friday shopping is that for a lot of consumers, it's a lot more work than it used to be. You used to just look in a circular on Sunday and go out and pick the store you want to get to. Because of all the online activity now, you really have to monitor all the different websites," Willcox said.
And don't think that just because something is advertised as a Black Friday bargain that it's necessarily the lowest price you can find.
For example, Consumer Reports says there are sometimes better deals on TVs, like shopping closer to Christmas, or waiting a few weeks for Super Bowl sales.
"A lot of it is based on inventory levels. So if retailers and manufacturers don't sell a lot of TVs during the year they may have the buildup in inventory," Willcox said.
But to really find the lowest prices on TVs, plan to buy at the end of February or the beginning of March. That's when stores clear out last year's models at rock-bottom prices to make room for the newest sets on the market.
Some TVs to keep an eye on in the coming months include these 4K models from Samsung, LG and Sharp:
Samsung UN55KU6300: $800
LG 55UH6150: $700
Sharp LC-50N7000U: $550
For more information, visit http://consumerreports.org/lcd-led-oled-tvs/best-time-to-buy-tv-super-bowl-or-black-friday/.
All Consumer Reports Material Copyright 2014. Consumers Union of U.S. Inc. ALL RIGHTS RESERVED. Consumer Reports is a not for profit organization which accepts no advertising. It has no commercial relationship with any advertiser or sponsor on this site. For more information visit consumer.org
Consumer Reports: Best time to shop for TVs