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Need HELP on decision

July 29th, 2015 at 09:34 am

So I told myself I would buy a new computer when I graduated highschool... Then when I graduated college, then when I got a web design job... I would shop around, look at the price of what I wanted and cringe, and then put it off.

Well the time has come. I can't stand it anymore. I can use the company's laptop for work but it's not mine. I can't use it for pictures, or games, and I feel guilty even watching youtube videos.

Husband and I have both been patiently waiting for me to buy a computer so we can resume playing computer games which I love and have gotten for my past several birthdays and I haven't been able to play them all this time.

My old laptop which husband has been using (barely: could only load basic text) has finally hit the crapper a couple days ago and is no longer working, at all. So husband has no access to the internet. (Not allowed to use company laptop)

We talk about it all the time, "We really need to buy a computer." or "I can't wait until we get a computer someday."

I've been shopping around and bookmarking computers for literately years, and I've had one picked out for a while now. Well while aimlessly checking in on it today, I seen Dell is offering a HUGE discount on it... But it expires today. Yikes! So I am sitting here about to make myself sick deciding if I should just spring for it or not. I don't think I will find another deal this good. But the price tag is giving me sticker shock. (Even though I have been expecting to pay this much.)

So the price (after discounts): $2,000 plus tax. Ugh. I want to throw up a little.

Discounts:

Free 2 day shipping
1 year warranty
$400 off instantly
A free 32 inch TV
$200 in gift cards (which I would use to purchase a printer which I also need badly)
12 month 0% financing which I am approved for

Minimum payments are $60 a month. Of course I would pay it off as fast as I could. But I'm trying to decide if it is worth putting my goals on hold for or not.

Part of me feels guilty about spending when I need to be saving. But part of me says I've been waiting a long time, and I'm a professional web designer for pete's sake without a computer.

Please help!

13 Responses to “Need HELP on decision ”

  1. Kiki Says:

    Minimum payments of $60 means that in 12 months you will pay off $720 owing $1280+tax left after the 12 months.

    You will need to pay closer to $200 a month to pay off within the 12 month time period. What does the interest rate go to then?

    Have you identified what you NEED in a computer versus what you WANT in a computer?

    Are you sure you can't find something cheaper to do what you need/want to do?

    In my experience Dell was always more expensive than anywhere around.

  2. CB in the City Says:

    I never feel as good buying something on time as I do paying in full. Can you wait to save up the money? Then you will pay no interest. Don't fall for a "deal" that's expiring -- there will always be a deal.

  3. klarose Says:

    Yes you are correct. I would plan on playing $200 a month. But I'm saying if we got in a pinch for a month we could essentially pay as low as $60. (I never have paid minimums)

    Interest rate goes up to 19% after a year, which is crazy. I would definitely want to pay if off by then. I do have $2,000+ in cash that are for various saving pots (like vacation and fence) which I could tap into to pay if off in an emergency.

    I have a list written out with what I want & need in a computer. This is the one I want. Could I go less. I could. But we are talking saving a couple hundred bucks which isn't worth it to me. I'd prefer to wait and get exactly what I want, so I don't have to purchase again for a long time. Which is exactly why I've waited this long. I don't want to compromise.

    Also I'm a bit of a computer snob, and Dell is my preferred brand. Since I work on a computer around 8 hours a day, it's important that it works well for me, and I like it.

  4. klarose Says:

    CB there is no interest. That's why I'm considering it. Could I take my cash and pay for it. I could, but I'd rather do the interest free payments, while keeping my cash, just in case.

  5. SecretarySaving Says:

    That's a lot for a Dell. Have you looked at Mac's? They sell refurbished ones and even off college students a discount. I've seen some listed on Groupon before. If you went through Ebates you could get a % back. I'd say sleep on it but there is the time constraint which probably isn't good. There will always be a good deal to be had.

  6. AnotherReader Says:

    The company provides you with the computer for your job. I would have to have some really good reasons to buy an expensive laptop for personal use, especially id it's a Dell laptop, which are notoriously bad. I would be looking in the sub-$500 range and paying cash unless I had some very specific need for more computer.

  7. snafu Says:

    Another viewpoint...Based on your history of careful money management I know you'll pay off this purchase as quickly as possible. Do you need a full-on computer for the uses you've described or would an iPad or Android tablet do everything you've mentioned for a far lower cost and super portability?

    I'm more concerned abut whether Dell supports the games and fun stuff you and DH want? How does Consumer's Report rate the model you want? Keep hearing about Dell problems. Can you put your new machine on a 0% interest CC? Are there any of those spend $ X. for $ 200 rebate that CCF is so successful working? Are you willing to share this new computer with DH and take clunker to recycle?

  8. snafu Says:

    Coincidentally, DS called just as I submitted my response to your post. He's far more computer literate than most and asked if you were looking at Dell's 'Alien.' He suggested looking at the refurbished machines as they likewise are warranted.

  9. MonkeyMama Says:

    Personally, I don't buy anything if I don't comfortably have the cash. I am no opposed to 0% deals, but only if I could comfortably fork over the cash. If it was me I'd use that "want" for the $2k computer to hustle up the money for it. If I wanted it that bad I would make it work. Sounds like good motivation to bring in extra income? (This point of view makes decisions easy. Either you can afford it or you can't and it eliminates this whole grey area which mostly just gets you in over your head. Nothing wrong with hustling a little extra if you really want something).

    The flip side of that is you have lived this long without it so surely you can give it more time.

    Buying a $400-ish machine in the interim may help you hold off until you are in a better position for the one you really want. I think that's a fair compromise, and the kind of thing we often do when our "Plan A" is too expensive.

  10. ThriftoRama Says:

    We're a computer geek household, even for one of our careers. Honestly, I have been very happy with the quality of the "cheapy" laptops Best Buy and other stores often have on sale. I paid $300 for a compaq that I liked just as much or more than the $1000 Dell I once owned, and frankly, the cheapy one lasted just as long.

    If you can pay cash for a $300 laptop vs financing a more expensive one, I'd go that route. These days, the quality difference is small.

  11. snafu Says:

    Sorry, is the angst the add-ons, 32" TV, $ 200. credit etc? What are the individual values? Is this clever marketing? Are they bribing you with your money?

    If you're planning to buy a printer as well, I suggest you 1st establish the type of cartridge used, their costs and how easily these can be DIY refilled. This info is easily available on You Tube but each brand is slightly different. When I last went to buy a cartridge, it was cheaper to buy a 4 function printer @ $ 40.


  12. PatientSaver Says:

    Buy a computer based on what you feel you need and based on your research, but $2,000 sounds like way more than you need to pay, even with the goodies thrown in. You said you needed a computer, not a TV, not a gift cards, so don't let the extras cloud your good judgement.

  13. MonkeyMama Says:

    Thrift reminds me we brought a pretty good gaming computer for $500-ish last year. I got a $300 cheapie, so was thinking more "$400 cheapie" in my head, but yeah the $500 is about all most anyone would need. THough I understand you might want more gaming capabilities, something like that should really be an excellent "Plan B".

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