GoDaddy, along with every other registrar, is grossly overpriced. I have a few dozen domains and I've never spent more than $3 a year on them. Just do a searc

GoDaddy, along with every other registrar, is grossly overpriced. I have a few dozen domains and I've never spent more than $3 a year on them. Just do a search for $0.25 domains or similar and you'll find coupon codes for registrars even worse than GoDaddy (read: Network Solutions or Register.com) offering 1 year .com for $0.25-$0.99. After 9 months or so, transfer to a registrar that's having a transfer sale. For $1.99 or however much they charge, you'll be able to transfer your domain name and have it renewed for another year. Sure it's more work, but it's much cheaper.