So I was looking on massdrop and I saw a msi 1070 for about $630 aud delivered which would save me about $150 and thought "that sounds great!"
But then I found out that massdrop usually takes a while to deliver even on good days and thought "that sucks, I'm not gonna wait that long"
Im just wondering how many people would bother to wait months just to save some money? How much would you have to save before you said "NO WAY" ??
Good point
Buy it today from a company that is selling it for $1000 knowing that they will be selling it for $500 in 6 months. Be sure to use 28 Degrees Mastercard and claim price protection insurance for $500 refund in 6 months. Or buy it with Coles Mastercard, check the price drop in 24 months and profit!
Now THAT is ozbargaining!
I get the 28 degree price protection 6 months but what is that coles card with 24 months protection? Really 2 years?? Everything will be drop in price in two years
I absolutely agree with you on the Coles Mastercard point, but with that in mind I don't know why anyone would still recommend 6 months price protection with 28 degrees?? The Coles Mastercard is better in every way.
Yes, it's 1% premium instead of 0.5% but as an Ozbargainer you should aim to pay 0% regardless by ensuring your balance is $0 or lower (i.e. in positive) every month before the date the statement is generated.
Besides that, I guess the 28 Degrees is probably more common than the Coles Mastercard.
Coles will slug you for an international transaction whereas 28 Deg don't. With a lot of tech, will they even be selling the same model in 6 months time? Things change so quickly and the next greatest thing is released. I remember my first iPad was obsolete in 4 months…
But you are right, buy something locally and Coles wins hands down. I've only just got mine and I am transitioning between cards at the moment. I use the 28 Deg for international eBay payments and Coles for pretty much everything else.
Yep I am well aware of 28 Degrees waiving international fees. Specifically about the 6 months price protection though, it is only applicable to items purchased locally so the waiving of international fees is not an applicable benefit in relation to the price protection benefit.
@illumination: It actually does apply. Although they say "at the same Australian retailer" and "purchases made in Australia" that is not the complete list. Making an online international order (direct or via eBay etc) also qualifies. I have rung them and confirmed this, and have had a successful payout.
From the PDS:
If you buy an item in Australia using
your 28 Degrees Platinum
MasterCard, and within six months
of purchase the item is reduced in
price by $10 or more, in the same
store or another store of the same
name, we will pay the difference
between the purchase price and the
reduced price.
This also applies to items purchased:
• for someone else as a gift, and
• through a mail/telephone order
catalogue or internet order.
The item with the reduced price
must be exactly the same as the
item you bought, including size,
colour, make and model number,
attachments and accessories.
Also, when I said I use the 28 Deg for international eBay payments, that's not necessarily with a view to get the price protection, rather it's just to avoid the international fees. Considering a lot of these are <$20 trinkets and gadgets from China, I doubt they would ever qualify for the >$10 price drop to make a claim, plus it would be a PITA to keep track of all of these transactions.
@endotherm: Yep I've done a claim on an eBay order too, but only those in AUD amounts.
Yea sorry I didn't mean that the 28 Degrees should be used as a primary way to make price protection claims for international purchases.
But from what you're saying, do you mean you can get a payout even on an international order where you paid in a foreign currency?
@illumination: Apparently yes, but I would ring them first just to confirm your purchase details. I explained my intended purchase, that it was overseas, and they were cool about it. TBH, I can't remember the currency. Who knows, things might have changed. They are penny-pinching at the moment and stinging you a fee if you pay off your card using B-pay because it costs them a few cents in bank fees.
That is a fantastic idea! I was planning to order from newegg internationally and the first time using a 28 degrees card with it http://www.newegg.com/global/au/Product/Product.aspx?item=N8…
Does the type of store matter, will newegg suffice? Or does it have to be an AU store? I suppose newegg will always keep these cards in stock in 6 months. Do you have any other tips?
I've bought from Newegg before, a couple of hard disks. They will certainly come down in price by the end of the year… If you are unsure with any of this (and face it it is a bit of a gamble right now as you are paying a premium price) give 28 deg a call and ask them. Explain what you are intending to do and they will tell you if its OK or if there is an issue.
No bikies?
it is free money. Why not.
I wait for an OzBargain deal to save $$$
I think its more important to think about why you want the card NOW.
If there's a game you need to play thats fine. But I have no game I need to play so why buy now.
Yeah, while your point of view is valid it is more about the question how long would you wait for a discount? Because there always seems to be a wait for the next best thing. Personally unless it's around 40% off I would not wait a month for something.
That's a specious argument because everyone puts a different value on a dollar.
To you $150 may be nothing, to me its a lot. Also your 40% flat argument is irrelevant too. If makes a difference if its $200 vs. $800 item.
Also video cards is something I feel is a pretty competitive market. You want AMD? You want Nvidia? Fine. Now here's a dozen manufacturers… no one is strangling you unless say, Apple.
Its not really an argument I'm really just asking what peoples general cut off point for bargain saving is. I just used the graphics card discount as a example to ask the question.
To me $150 is not enough to justify waiting a month, unless the overall cost of the item was under $450 in the first place, thats what I feel to be reasonable to myself.
It would depend on the product for me. I game quite a bit so I bought a gtx 1080 from newegg as soon as I could. I would recommend against Massdrop though solely because they take the longest to deliver putting it on par with the likes of AliExpress and such. God knows what will happen if you need warranty.
I'm sure you can pick up a gtx 1070 from amazon/newegg for around the same price.
I think your heading needs a relative % value, in this case what 15% - 20%? Coz $150 off a house or car is nothing, but $150 off a $200 item is significant…
It's all relative ;)
AUD took a beating today (brexit), so the price isnt going to be good for us in the near future.
Unless you are playing this years AAA games that need the gfx, hold off. i upgraded last year and playing through my back catalogue of steam games from 2 years ago means i can wait until next years 1280GTXR or whatever the specs and name is.
that is a good price.