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7 Smart Shopping Tips for Big Ticket Items

Filed under: Budgeting & Planning, Credit Cards, Economizer, Shopping

By Michele Lerner
The Motley Fool

Shopping for a car may not seem to have much in common with shopping for a laptop or a new refrigerator -- except that all three have high price tags, which means a high level of pain if you discover you've made a bad purchase.

You can feel free to skimp on your due diligence when shopping for a new coffeemaker or throw pillow. Even if it doesn't live up to expectations, it's not likely to break the bank. But the financial consequences are more severe when you make a mistake on a big-ticket item.

Here are some universal tips that can help avoid those expensive regrets.

SLIDESHOW: Shopping Tips for Big Ticket Items

1. Figure Out Financing First2. Do your research.3. Take your time and establish your priorities.4. Be thorough about comparing prices.5. Buy when sellers most want to sell.6. Keep your guard up against last-minute costs.7. Be ready to negotiate

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