Think the holiday shopping season ends on Christmas Day? Think again because Boxing Day, celebrated the day after Christmas, is one of the best times to score deep discounts and clearance deals as retailers clear out inventory for the new year. If you want to maximize your post-holiday shopping budget, here are eight of the best things to buy on Boxing Day to get the most bang for your buck.
Fitness Equipment
If you’re making a New Year’s resolution, it likely has to do with getting in shape — and retailers know it. And if you’d rather work out in the safety and comfort of your own home than the gym, take advantage of Boxing Day deals to invest in some home fitness equipment.
Check retailers like Walmart for after-Christmas deals, as it’s known to offer huge discounts on popular fitness equipment like ellipticals, treadmills and exercise bikes. Other options include Amazon and even exercise equipment companies like Peloton or NordicTrack, which might offer deals after Christmas that extend into the new year.
Christmas Snacks
A key Boxing Day shopping tip to remember is that New Year’s Eve celebrations are right around the corner, so take advantage of discounts on large tins of Christmas snacks, like savory popcorn, fudge-dipped pretzels and assorted nuts.
You can also find discounted Christmas gift baskets at stores like Ross or TJ Maxx, filled with assortments of cheeses, smoked meats, candies, crackers, dips and spreads. You could potentially create an impressive — and delicious — New Year’s Eve smorgasbord at a fraction of the price.
Check Out: 10 Top Costco Christmas Deals To Grab Before They Sell Out
For You: 6 Things You Must Do When Your Savings Reach $50,000
Toys
After Santa pays a visit, many good little boys and girls need to wait a bit before they get showered with toys and gifts again. That leaves retailers with a unique problem — surplus toys.
In order to make room on the shelves, many retailers will discount holiday toys 50% or more to get rid of them. Head to the stores on Boxing Day and stock up for your kids’ birthday. Maybe even buy some spares for nieces, nephews and school friends’ birthday parties.
Furniture
If your New Year’s resolutions include freshening up your furniture, you’re in luck. Retailers are known to reduce furniture prices during the winter months to kick-start waning sales. Big-ticket items like couches or dining sets become a little bit more approachable when marked 40% off.
Gift Sets
Many major retailers get ready for the holiday season by creating holiday-exclusive gift sets in everything from coffee to perfume, lunchmeat to deodorant. These sets often feature festive takes on everyday necessities and are usually paired with other matching products. Fortunately, retailers won’t want to keep these sparkly, holiday-themed sets on their shelves for long, so you can expect considerable discounts.
New Cars
December is one of the best months to buy new cars, as it’s the time of year that dealers are most eager to clear out the previous year’s inventory to make way for the new year’s models. The discounts decrease in January, but as December marches on, dealers become even more willing to cut a deal, which makes the very end of the month the best time to buy.
Open-Box Items
After Christmas, retailers deal with an onslaught of returns — many of which come with opened packaging. As long as it still works the same, someone else’s frenzied excitement might mean money back in your wallet.
Oftentimes, retailers offer open-box items — think electronics — for 20% off or more. Check at Best Buy, Amazon and eBay for these types of items. However, make sure there’s a return policy in case the item doesn’t work as advertised.
Tech and Accessories
You can expect to save on a variety of electronics and accessories in the days and weeks following Christmas. It’s a great time to stock up on gadget-head gear and more expensive items like laptops and more when steeply marked down at stores like Best Buy or Dell.
Caitlyn Moorhead contributed to the reporting for this article.
More From GOBankingRates
- 5 Luxurious Winter Clothing Items You Can Find at Costco for Less
- 5 Little Luxuries To Buy at Dollar Tree This December
- These Cars May Seem Expensive, but They Rarely Need Repairs
- 3 Reasons Retired Boomers Shouldn't Give Their Kids a Living Inheritance (And 2 Reasons They Should)
This article originally appeared on GOBankingRates.com: 8 Best Things To Buy on Boxing Day (the Day After Christmas)
