When Should I buy New Appliances?
We spend a fair amount of time talking about the importance of appliances in saving energy, making a home look its best and ultimately saving the homeowner money in the long run but when is the best time to make those upgrades without paying the highest retail price? As anyone would expect, we are approaching some of the best times to purchase new appliances.
We are approaching Thanksgiving, Black Friday and Cyber Monday which are notoriously known for deals. However, other holidays often come with deals on appliances also. Appliance manufacturers and retailers often offer Christmas, President’s Day, Memorial Day, Labor Day, and Fourth of July sales. Buying during a holiday sale could save you anywhere from 30% to 50% off which can be hundreds of dollars on the model you want.
Shortly Before a New Model is Released
Just like with cell phones and game consoles, buying a specific model shortly after its release can be costly. If you wait until a new one is getting ready to come out, typically September through December, you can find substantial savings. Retailers must make room for new models which means they are willing to part with older models at a lower price.
At the End of the Month
Buying at the end of the month at certain retailers can be beneficial for one reason—sales quotas. If a store or salesperson has to hit a certain number by the end of the month, they may be more willing to give you a deal in order to make the sale. It’s always worth asking.
While buying online doesn’t always offer the best price, there is usually a lower price online than in a brick-and-mortar store. It’s worth doing a quick search to see if what the stores are offering is really the best deal.
However, sometimes a great deal doesn’t matter if you can’t plan for when you need an appliance. While keeping your large appliances until they stop working is a great way to get your money’s worth, keep in mind that they have a certain expected lifespan and that their final days may not be during one of these times to get the best deal. If you can plan ahead, you will keep yourself from having an emergency situation and having to pay more.
If you’re looking to replace your appliances and would like inspiration on what would look best with your home’s layout or design, check out our Pinterest board for examples!