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Using Ninja Tricks to Get 50% Off of the Lowest Ever Price
Over the past couple of months I have purchased and re-sold a lot of merchandise. From iPads to routers I have purchased a ton of products that have ultimately ended up in the home of another happy consumer. Over the holidays I figured I deserved something for all of my efforts. It was time for us to upgrade to a 4K television, so I hunted for the “perfect” deal.
There were some very cheap 4K televisions on sale over Black Friday and the Christmas buying season. Unfortunately I was looking for something that ended up being cheap, but also was of a high quality. That was indeed much tougher to find. A lot of the manufacturers created cheap sets just for the holiday rush, but one look at the reviews on those sets was enough to keep me away.
Finding the Perfect Deal at Dell
Then one day I noticed a deal at Dell. The deal was for a 58″ LG 4K television that belongs to their “Prime” line. In other words, it has features that are only found on higher end sets and the quality is significantly better than their low end televisions. This 58″ television had never sold for less than $1,100 anywhere, however Dell had a flash sale at $999.99.
On top of the sales price, Dell threw in a $200 ePromo gift card for future use and another year on the warranty. Pretty good. Then I looked at portals and Ebates was offering 13% back. Dell also offers 5% in rewards, but you have to opt-in to their tricky system. I did.
At this point here is what the math looked like:
- Cost: $1080.99 including tax
- -$200 Promo gift card
- -$130 from a portal
- -$50 in rewards
- Total: $700.99
This seemed pretty good, but not good enough to get me to bite. Then I remembered that I had the Dell Amex Offer loaded to a few of my cards. The offer gives a $100 statement credit with a $599+ purchase. So I could get $100 off of the above price or I could do something else. After looking around I discovered that Dell allows you to split a purchase onto two credit cards. I was immediately determined to get my total up to $1,198.
Reselling to Save & Earn
I spent the next 20 minutes looking at other items that were part of their sale. I found some headphones that cost $10 on Dell and were going for $15-$20 on Amazon. I also found a gaming backpack that was $70 which could be re-sold for $100. Those items also earned 5% in Dell Rewards and 13% cashback from the portal.
Calculating the Cost
After finding the perfect combination of items, my total cost for everything came to $1,199.98 including tax. I split the charge between my two Membership Rewards earning cards and earned 2,000 points (1X) for the purchase and also received $200 in credits from the Amex Offer.
There are a couple of ways to do the math here. To make things simple, here are some rules I followed when determining my final cost:
- Portal cashback and rewards earned on the products that were re-sold do not discount the television.
- Any profits earned from re-selling do not discount the television.
- The entire amounts of the Amex Offers do discount the television for simplicity.
- The Dell gift cards are counted at face value, since I will use them for reselling purposes and thus get full value from them.
With that in mind, let’s continue where we left off from above:
- Cost: $700.99
- -$200 in Amex Offers
- Final cost: $500.99
- Discount off sales price 49.90%
Profit from Reselling
Since I now try to earn a profit from reselling, I think it is important to look at that aspect as well. Since all of the items have now sold, I can say that I earned a $20 cash profit on the items plus $15.60 in portal cashback and $6 in rewards. That actually amounts to a 32% return on investment for the reselling portion of this endeavor. Not bad at all considering I searched out and found these products in about 20 minutes.
Yes I got a shiny new television and paid about half of the lowest price I have ever seen offered for this model and yes it is a fantastic deal! The point of this post though wasn’t to brag, but to once again show how putting together deals, rewards, portals and more can result in deep discounts. This is beneficial for everyday purchases and is even better when you are looking to re-sell!
Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.