topic Re: LOWER prices due to COVID? in Community Chat

LOWER prices due to COVID?

MsCatLuver — Mon, 31 Aug 2020 21:12:16 GMT

Hi ALL,

Have you seen lower prices on ANYTHING due to COVID resulting in loss wages/jobs?

The only item that I have seen decrease significantly was fuel...of course that’s when everyone was staying at home. Also, I think interest rates on homes have declined.

I have not noticed any significant price lowering on food or clothing.

What have you noticed?

Re: LOWER prices due to COVID?

FrostyBabe1 — Mon, 31 Aug 2020 21:20:17 GMT

Airfares are significantly lower than normal right now. I just purchased tickets for 2 different round trips to my beach place for less than I would normally pay for 1. When demand drops, so does price.

Re: LOWER prices due to COVID?

Kachina624 — Mon, 31 Aug 2020 21:23:57 GMT

Mortgage rates have steadily decreased before the pandemic, with a big decrease 9/1/19, when I initiated an application to refinance my house. I believe there was another early in this year.

Gas seems to down some but everything else seems to be on the rise.

Re: LOWER prices due to COVID?

suzyQ3 — Mon, 31 Aug 2020 21:30:09 GMT

With all the loops that businesses must go through now, I didn't expect lower prices, quite the opposite.

Re: LOWER prices due to COVID?

MsCatLuver — Mon, 31 Aug 2020 21:36:43 GMT

@suzyQ3 Interesting because I thought prices what be lower to capture more business & Sales in a weak economy

Re: LOWER prices due to COVID?

Porcelain — Mon, 31 Aug 2020 21:37:28 GMT

For a while software companies were giving "stay at home" and "working from home" discounts. Adobe had a great one for a while.

Big Fish games still has some free games available. Good ones, not just outdated ones. (And I discovered that they count towards your punchcard for a free game! Download all of them and you can get a copuon code for a free non-collectors edition game of your choice. Shhh. Loophole!)

Re: LOWER prices due to COVID?

ahoymate — Mon, 31 Aug 2020 21:37:43 GMT

Car insurance gave their customers a break ~15% credit -depending on your particular insurer.

Re: LOWER prices due to COVID?

GenXmuse — Mon, 31 Aug 2020 21:41:19 GMT

Geico gave us 15% off car insurance, gas prices have come down and less driving over all has kept that cost lower than normal.

Re: LOWER prices due to COVID?

stevieb — Mon, 31 Aug 2020 21:45:30 GMT

Actually, what I seem to be seeing are overall higher prices and some obvious price gouging... It appears businesses know a captive audience faced with routine shortages when they see one... Gracious of them, isn't it...

Re: LOWER prices due to COVID?

SilleeMee — Mon, 31 Aug 2020 21:46:19 GMT

That depends on what it is. Some things cost more, some less and some stay the same price. A lot has to do with the price of fuel. Lower price of fuel translates to lower price of the products delivered.

Re: LOWER prices due to COVID?

MsCatLuver — Mon, 31 Aug 2020 21:48:43 GMT

@GenXmuse @stevieb @ahoymate @Porcelain @suzyQ3

Thanks for your replies. I totally forgot that airfare decreased b/c I’m not traveling. Also, forgot about auto ins. Refunds. I thought that big sales (ala Christmas) on retail clothing etc woul occur... but not that did not happen

Re: LOWER prices due to COVID?

kaydee50 — Mon, 31 Aug 2020 21:50:32 GMT

Definitely lower airfares but who wants to fly now?? Some incentives on cruises for 2021/2022. But restaurants are adding a "surcharge" to their bills. A mixed bag for sure. But expecting prices to go up across the board once this virus is over.

Re: LOWER prices due to COVID?

MsCatLuver — Mon, 31 Aug 2020 21:50:40 GMT

@stevieb wrote:
Actually, what I seem to be seeing are overall higher prices and some obvious price gouging... It appears businesses know a captive audience faced with routine shortages when they see one... Gracious of them, isn't it...

That is horrible Re: price gauging

Re: LOWER prices due to COVID?

lovesrecess — Mon, 31 Aug 2020 22:13:50 GMT

Groceries are higher priced right now. I was just in Kroger yesterday, and they still have shortages of some things. Plenty of toilet paper....but no EZ Mac, no ketchup, bananas, or lunch meats of any kind. Weird! Each time I go, shelves are empty for different things, but toilet paper, paper towels, etc. still well-stocked. Clorox wipes are still not anywhere I have found.

Re: LOWER prices due to COVID?

Still Raining — Mon, 31 Aug 2020 22:11:12 GMT

All I have done since March is pickup grocery. Those prices are sure not going down.

Re: LOWER prices due to COVID?

SilleeMee — Mon, 31 Aug 2020 22:14:06 GMT

Groceries cost more because more people are buying more groceries to eat at home. Supply meets demand....prices go up.

Re: LOWER prices due to COVID?

Mz iMac — Mon, 31 Aug 2020 22:19:18 GMT

New Jersey gas tax to rise by nearly 10 cents, will rank among highest in nation.

Will take effect on Oct. 1, due to lower fuel consumption trends that have been "exacerbated by the COVID-19 pandemic."

Re: LOWER prices due to COVID?

AuntG — Mon, 31 Aug 2020 22:27:01 GMT

Groceries have been higher, gasoline & insurance lower. Made my 14th QVC purchase last Friday. I try to buy TSV's, Big Deals and As Is. Face it, QVC doesn't offer any great deals.

Re: LOWER prices due to COVID?

patbz — Mon, 31 Aug 2020 22:31:06 GMT

Many online stores are offering great sales; Talbots and Lands end come to mind.

Re: LOWER prices due to COVID?

happycat — Mon, 31 Aug 2020 23:17:32 GMT

I havne't noticed anything but fuel either, but I'm not really going anywhere. It seems like groceries and household goods haven't changed here.

What has changed is we are now going back to not being able to buy somethings in the stores, they just don't seem to have stuff in stock. Pleanty of toilet paper and paper towels though.