Where you can save money in 2013
NEW YORK—You may still be trying to get your finances in order after last month’s bout of holiday spending but experts say there are a few things that will actually cost you less in 2013.
CNN Money says six items that usually take a toll on your bank account will bring a little relief this year.
- Used Cars– Edmunds.com predicts that used car prices will drop by several hundred dollars this year. Many leasing agreements expire in 2013, which will add a bit of inventory to the car lot.
- Gas– The Department of Energy and AAA says gas prices should drop this year due to more domestic oil production and more fuel-efficient vehicles on the road. However, tensions in the Middle East are always unpredictable and could have a negative effect on oil prices.
- Ultrabooks– Intel predicts that entry-level ultrabooks will retail for about $599 by the end of the year, which is about a $400 price cut from Dec.
- Vacation Packages– Airfare is expected to rise this year but a spokesperson at Expedia.com says vacation packages could save you thousands as you plan that holiday away from home.
- Solar Energy Panels– Families across the country tried to save money by installing solar energy panels to cut down on electric bills but the cost of panels have deterred many from making the switch. Experts at Ernst & Young predict that panel prices could drop by about 10 percent.
- Flat screen TVs– Researchers at North America TV Research say prices on flat screens and plasma televisions could drop by 11 percent.