Saturday, January 30, 2016

How I Saved Over a Thousand Dollars on an Area Rug

*This post may contain affiliate links.

Yesterday, I mentioned in my Five on Friday post that I finally found an area rug at a local overstock store for under $200.  Last night, I decided to try to find my rug online to find out more information about the quality and such.

Honestly, I thought it was a long shot since the store I purchase the rug from specializes in overstocks and closeouts.

So, I Googled . . .

fleur de lis area rug . . . nothing.
fleur de lis black area rug . . . nothing.
fleur de lis black and cream area rug . . . nothing.
fleur de lis heart black and cream area rug . . . YES!

There it was.  A pin on Pinterest with my exact rug.


Yikes!  Wowsers!

Here is what I saw.

The Area Rug I Saved Over a Thousand Dollars On

Sixteen hundred dollars?!?!

So, obviously, I thought it was a fluke.  So I searched more for my rug and there it was on Amazon, Walmart, Wayfair, and more.  All for nearly sixteen hundred dollars!

So how did I do it?  
How did I save nearly $1,400 on an area rug? 

This is how I saved over a thousand dollars on an area rug.

1. Talk to the locals.  We are new to the south and I knew there must be more options that the standard national retail stores and the giant rug store that I had seen tons of billboards for.  My local source is our daycare provider.  She knows all the right places to find things around here.  She was the one that knew about the local overstock/closeout store.

2. Seek closeout and overstock deals.  I have found that closeouts and overstocks are great ways to save money.  Think of the Amazon open-box deals that you can find on diapers sometimes.

3. Dig deep, Be patient.  In this case, my rug was at the bottom of a pile of 50 or 60 rugs.  I could have looked at the top few rugs and eliminated the store altogether.  This rug was truly a treasure hunt and felt like looking for a needle in a haystack.  I could only see about one square foot of the 8x11 foot rug when I selected it.  I was crossing my fingers the entire time as I waited for the employees to get to it that I would actually like the rug.  Luckily, I did.

4. Use store reward programs.  Like many stores, this store had a rewards program.  And there was even a special offer to get an extra 15% off once signed up for the program and filled out the online profile.  I signed up in the store, walked out to my car, sat in my car, and filled out the online profile.  Once I received the email for the extra 15% off, I walked back into the store and bought the rug.

Here's the breakdown.

Original price: $1,573.00
Closeout price: $199.99
Sale + rewards discount: $20.00

Final price = $179.99 

Savings of $1,393.01 or 89%!

I'm loving this rug, and I think I love it more knowing that I saved over a thousand dollars on an area rug!

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