Valdosta Daily Times

Business

January 20, 2013

Brittany's Budget Diary: Four things that will be cheaper in 2013

VALDOSTA — As some of you may have noticed, my name is no longer plastered all over the business tab this week. That is because the Times has entered into a new dawn and I, former business reporter, have passed my torch of awesomeness to new business reporter Stuart Taylor.

Sure, he’s not a blonde bubble full of perk and sass (even though his pony tail is pretty darn sassy), but that just means instead of spreading my awesomeness across three stories every Sunday, I get to focus it all on my budget diary. Watch out world, it’s going to be epic.

On to my next point: Some of you may have also noticed that I am about to shut down the Facebook page for Brittany’s Budget Diary. That is because I am taking on a new roll as social media manager, and I am consolidating Budget Brittany with every day news reporter Brittany, who isn’t as funny, but is as equally lazy (thus, the one Facebook page). I would really appreciate the support of my loyal budgeteers, so please go to www.facebook.com/BrittanyDenneyMcClure and like me. My personal self-esteem depends on it.

Now that I’m done rambling, on to why you read me. Let’s get down to the nitty gritty of saving you money.

I just recently read an article in the Wall Street Journal about four things that will be cheaper in 2013. While the economy is still in the pits, some consumer benefits may rise from the ashes.

Just as apple released a cheaper version of the iPad, the iPad mini, many other major companies will soon follow because quite frankly, they’re going broke like the rest of us.

1. Automobiles

Over the past five years, people in the market for a new car have been driven to look in the used car market. As a result of opening a flood gate of demand, the prices of used cars soared. But after peaking in 2011, used car prices have begun to simmer down and consumers will find that in 2013, used cars may become again, a better value than a brand new car.

Cited by the Wall Street Journal, senior market analyst for Kelly Blue Book, Alec Gutierrez, prices for used cars are expected to be 3 percent to 4 percent lower by the end of 2013.

While buyers for new cars may also see some savings, that will be more about the ability to downsize rather than falling prices.

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