In the past few years, prices have been falling for all large sets, but the steepest declines have been on the very biggest. Add in this year’s holiday discounts, and 2020 looks like a good year to indulge in a jumbo television.
“We don’t expect enormous price changes on TVs over the holiday, but the biggest price cuts will be on more expensive larger-screen TVs 65 inches and over,” says Stephen Baker, vice president for industry analysis at the NPD Group. In contrast, he says, “we expect very little price movement with TVs 50 inches and under.”
Some of the biggest, most expensive sets will not only see a price drop but also will be bundled with a gift card, making the deals even more appealing.
The average price of a 55- or 65-inch set during the holidays will be 18 to 20 percent lower than last year, according to Paul Gagnon, senior research director at the market research firm Omdia. And the true giants, sized 75 to 86 inches, could be 35 percent cheaper than in 2019.
Some 65-inch sets are already selling for below $500, surprisingly low for a set that size. “And we expect to see more during the holiday season this year,” Gagnon says.
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November 05, 2020 at 06:08PM
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Big Savings on Big-Screen TVs - ConsumerReports.org
"TV" - Google News
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