Flat-screen prices to tumble ahead of holiday season - Sep. 23, 2010

Flat-screen prices to tumble ahead of holiday season - Sep. 23, 2010

The report from David Goldmon with CNNMoney. Shows that you should hold off on buy a flat panel TV.

The supply chain is overloaded with LCD TV's right now. In 2005 a 32-inch LCD would have cost around $1600 but today the TV would cost you $400. The analyst are saying that same TV on black Friday could by under $300.

WOW, that is average of over $300 a year. Image after buying a car in 2005 for $16,000 then trying to sell it today. Knowing that a person can buy a brand new car for $3,000. What do you think you could sell or trade your car for?

No where does it mention that this newer TV's have better equipment. Hopefully I will post more information on this subject next week.

Okay, now how much do you think you sell/trade that car for. Just think your 5 year old car that you payed $16,000. A person can buy a new and much better model for $3,000. You would be lucky to get $500 return, out of that $16,000.

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