MONEY

How to spend less on a great bottle of wine

Why it’s a buy: During the boom, California producers boosted prices on luxury wines more than some vintners elsewhere. But with high-end wine sales down and 2007 Cabernets hitting stores now, merchants are knocking 20% to 40% off the retail price of ’05 bottles — even though that vintage was terrific and those Cabs will just get better over the next few years, says industry consultant Jon Fredrikson.

The strategy: Ask your local merchant about deals on wines from small family-owned producers. They’re most likely to cut prices. For example, the well-regarded 2005 Ruston La Maestra Cabernet Sauvignon (right) sold for $50 a bottle in April; today you can find it for as little as $30.

Save even more: Find the best deals among thousands of retailers at snooth.com and wine-searcher.com. Most states allow wine shipments to consumers, but check the seller’s website for details.

Your browser, Internet Explorer 8 or below, is out of date. It has known security flaws and may not display all features of this and other websites.

Learn how to update your browser
Follow

Get every new post delivered to your Inbox.

Join 46,509 other followers