Forum Thread

Lowes/HD New Lower Price

hp.rooms 133 64 January 6, 2016 at 08:20 AM
Deal
Score
-1
1,506 Views

Thread Details

Anyone know what it means when Lowes shows a product as "new lower price" does it typically go back up, or is it that price from now on? Same with HD?
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.

10 Comments

1

Sign up for a Slickdeals account to remove this ad.

#2
They only seem to have started this recently, so time will tell. But elsewhere it means that it is the new regular price. Of course, all prices go up over time, but it doesn’t seem to be a time-limited event.
Reply Helpful Comment? 0 0
#3
"New Lower Price" is just the precursor of an items eventual clearance. The item has been updated, new SKU or a supply or price change in vendor contract for that item. Just like all the clearance and purging of Kobalt, Blue Hawk and Project Source tile and drywall trowels, hand tools and accessories this past Fall at Lowe's -- switching to the pricier Goldblatt brand (with an increase for the same item by 20% or more)...but I digress.

By no means should anyone rush out to buy anything with a "New Lower Price". It will soon be priced to clear out in short order. First by 40%, then 60% and finally by 80%. Never more unless it's the last item in the store's inventory system or it's damaged or missing parts.
Reply Helpful Comment? 0 0
Joined Jul 2015
L3: Novice
133 Posts
64 Reputation
Original Poster
#4
So if I bought something for $20, it was originally $100 and now the new lower price is $30. Would you still try to sell the product or just return it to the store?
Reply Helpful Comment? 0 0
#5
Quote from hp.rooms View Post :
So if I bought something for $20, it was originally $100 and now the new lower price is $30. Would you still try to sell the product or just return it to the store?
All depends on it's market (aka, eBay) value and how much you value your time.
Reply Helpful Comment? 0 0
Joined Feb 2015
Looking for a great deal
1,626 Posts
355 Reputation
Pro
#6
Quote from hp.rooms View Post :
So if I bought something for $20, it was originally $100 and now the new lower price is $30. Would you still try to sell the product or just return it to the store?

I would just return it. You would be lucky to get the $20 back trying to sell it.
Reply Helpful Comment? 0 0
#7
Quote from markinlj View Post :
I would just return it. You would be lucky to get the $20 back trying to sell it.
Atrocious advice. lt all depends on the market for the item.
Reply Helpful Comment? 0 0
Joined Feb 2015
Looking for a great deal
1,626 Posts
355 Reputation
Pro
#8
Quote from goonbah View Post :
Atrocious advice. lt all depends on the market for the item.

Oh sorry I should've consulted with you before giving my opinion. If I can go to the store and buy it new for $30 I might give him $21, and that's if I just have to walk next door to buy it.
Reply Helpful Comment? 0 0

Sign up for a Slickdeals account to remove this ad.

#9
Quote from markinlj View Post :
Oh sorry I should've consulted with you before giving my opinion. If I can go to the store and buy it new for $30 I might give him $21, and that's if I just have to walk next door to buy it.
Assumptions abound. We don't know the supply and demand dynamics of the "item" therefore you can't give any advice.
Reply Helpful Comment? 0 0
Joined Feb 2015
Looking for a great deal
1,626 Posts
355 Reputation
Pro
#10
Quote from goonbah View Post :
Assumptions abound. We don't know the supply and demand dynamics of the "item" therefore you can't give any advice.
I can say this YOU'RE AN IDIOT.
Reply Helpful Comment? 0 0
Last edited by markinlj January 6, 2016 at 04:21 PM
#11
Quote from markinlj View Post :
I can say this YOU'RE AN IDIOT.
Thank you for clearly exposing your acumen and worth to this discussion. Now move aside.
Reply Helpful Comment? 0 0
Last edited by goonbah January 7, 2016 at 06:44 AM
Page 1 of 1
1
Join the Conversation
Add a Comment
 
Copyright 1999 - 2016. Slickdeals, LLC. All Rights Reserved. Copyright / Infringement Policy  •  Privacy Policy  •  Terms of Service  •  Acceptable Use Policy (Rules)  •  Interest-Based Ads
Link Copied to Clipboard