There are a ton of coupon codes online that allow you to renew for $10 or less. Look around. As far as transferring goes? I haven't looked into it. I suppose I should. Having to call support to get a domain transferred isn't necessarily a bad thing IMO. If I have to make a 5 minute phone call to get a code that protects me in the end? Ok.
I just came across the link in my travels. I use Namecheap usually exclusively. They had nothing going on right now. Whatever. It is what it is.
Do your homework I guess. If a domain I get for $.50 that would normally be 10 or 12 dollars makes me money and at the end of a year I have to pay $38 dollars for to renew (if that's the best option)? I'm OK with that.
I guess if you aren't making any money and $38 will break your bank after 365 days of monetizing it, move on. Just saying. 
 
 