Assuming you are patient enough, you can actually get some really good deals through auctions sometimes. Of course it usually depends on your luck to some extent, but I still feel that it's worth a try.
Godaddy has cheap .com domains, and sometimes they have good deals for 2yr+ registration.
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With GoDaddy, too many scandals are involved... GoDaddy does not offer $7 for a Domain to make it cheaper for us, they have additional charges involved and they do not let you transfer the Domain away from them. I seriously suggest you try other Registrars.. Had a bad Support experience myself and was scammed of $25 when I tried buying a domain which was available at the time of check availibility but then whn i tired to buy it, they said some1 else was trying to buy it too and if i paid $25, i'd be the first one to get it... Later to realised that i was duped of my money...