Assuming your tux rental (we’re just talking jacket and pants) is $200 at Men’s Warehouse or other retailers, I am definitely an advocate for having the groom, fathers, and groomsmen purchase a tuxedo rather than renting. If you’re going to choose the economy options that are under $100 with tailoring and accessories, you are probably better off renting. However, buying is especially valuable if it’s inconvenient or implausible to pick up the tuxedos on the day of the wedding – for example, there weren’t any options in Kauai that seemed reliable for our wedding – or if the shop charges a daily fee if you can’t return them the next day. Most of us weren’t returning for an additional three or four days, which would have been an extra $80! There are also fewer opportunities for last minute crises when the guys own, pick up, and tailor their tuxedos in advance. Plus…if you ever need to wear it again (who doesn’t?) it has paid for itself and is ready at a moment’s notice!
There are a handful of places that have outstanding sales throughout the year. Here’s a great option that pops up on a regular basis: Express is offering 50% off everything. That makes a standard tuxedo only $238!
Of COURSE we can do better by stacking promotions! Take a look at these offers via cashbackmonitor.com:
If you’re a Discover card holder taking advantage of the Double offer (if not, you should be!) that means you’ll get a whopping 20% back on each tuxedo, for a total of $23.80*2 = $47.60 off, or $190.40.
Done! Less than the typical cost to rent.
Don’t have a Discover card? Let’s try another deal. Buying a discount gift card will save us up to 20% off, too. Note that you won’t earn Discover cash back if you pay with a gift card, but that isn’t the rule with most of the other programs. So, you could buy an Express gift card at 20% off and use it to purchase your tuxedo via Ebates, Rapid Rewards, etc, and earn yourself some free loyalty miles.
What about the shirts, shoes, tie, etc…
Express has those, too. So does Kohl’s, among an endless list of other stores. I have a handful of ideas to help you save some cash on those purchases. Since that “stuff” tends to be custom for each event, I think it’s reasonable to put $30-$50 into the accessories and worth buying a comfortable pair of dress shoes that will get some use.
What do you think?
Are you renting or buying? Where did you pick up your accessories?