Pricing curveball

After months of research I finally decided on a particular big-ticket tool. But just as I was about to buy it, the price jumped up. Rats.

Have you ever driven past a gas station when the prices were in a low period and thought you’d better fill up, but figured you’d take care of some errands first? I’m betting you have.

That’s exactly what happened with a major tool purchase I was about to make. If I had bought it right when I made my official decision to get it all would have been fine. But I delayed the purchase to get some stuff off my plate first so I could devote full attention to bringing a new machine into the shop and getting it set up. The delay wasn’t long – only about a week – but boy do I regret it.

When it came time to get out my checkbook I was stunned to see that the machine went up about $85. And it wasn’t just at one supplier, either; every source that carries it has raised the price by a similar amount. Now, since I was already overextending my wallet a bit on the old price, that 85 bucks was a deal-breaker.

So I’m back to square one and, needless to say, disappointed. As you might expect the second-choice machine from all my research has bumped up, but since there were some things about it I didn’t like I’m now pretty much comparison shopping all over again with a fresh eye.

I suppose there’s a tortoise-and-hare sort of lesson to be learned here about putting things off. On the other hand, when making a major purchase an additional round of research is rarely a bad thing.

A.J.

COMMENTS

  1. Gene Kelly wrote:

    What has happened to me in the past is that thirty days after having purchased an expensive piec of equipment, that same item has gone on sale at a substantial discount. After 30 days they will no longer adjust the pricing to match the sale price. Aaaargh!!!

  2. Howard Van Valzah wrote:

    Sometime it might go on sale again, but I would suggest you better buy it now before it goes up again. I think we are in an inflation period that is being hidden from us, that will break out soon and prices will sky rocket.

  3. Chuck R wrote:

    Usually sale and special price timeline information is known – certainly by the manufacturer and most often by the dealer or distributor.

    Sometimes a manager can extend the deal for a day or two or three. A big box store did that for me when I bought my Makita Track saw…

    I would bet that a guy as well known as you could get the good price with a simple phone call.

  4. Doug wrote:

    I believe Howard is right about inflation. My lumber and sheet goods pricing are up about 40% over this same time last year. My suppliers do not see that stopping anytime soon. I’d bite the bullet and buy the machine if you need it.

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