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Monday, February 20, 2012

We’re used to seeing prices going up – here are a few prices that will be going down in 2012...

Sure, the prices of the things we need the most, like gas and food, are on the rise...

...but some prices will be going down in 2012:

• Used cars: Due to more accessible new-car loans on the way – trade-ins and used car inventories are expected to spike, which will drive down the prices.

• Travel: Economic woes in Southern Europe are resulting in some great deals to Spain, Greece and Portugal.

• Wine: Thanks to stiff competition in the wine industry – inventory needs to be moved and that means significant discounts for us.

• Flat-screen TVs: Prices dropped 30 to 40 percent in 2010 and 2011 – and that trend is expected to continue.

• eReaders and tablets: Now that so many manufacturers are in on the technology – our choices are going up and the prices are coming down.

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