While many of us may leave buying a new large appliance until the old one completely breaks, this can be a costly mistake. As Benjamin Franklin said “Necessity never made a good bargain,” and impulse buying means you’re not likely to find the best deal. Planning ahead will allow you to find the good times to make a purchase, as there are certain times during the year that will enable you to get the best deals on stoves, refrigerators, washers, dryers, and dishwashers.
While you may be concerned with the maximum use and continue using your current appliances until they die, this doesn’t allow you to plan your purchase for when you can get the best deals. A more cost-effective idea is to think about when your appliances are going to need to be replaced to help you get bang for your buck.
Most manufacturers provide an estimated appliance lifespan, so you can be aware of when it is likely to start to fail. So, think about when you originally purchased your appliance, so you can monitor when you need to start shopping. Additionally, you need to consider whether your appliance has started to perform poorly. If you notice that your refrigerator is struggling to keep everything cool, it is not only going to be driving up your energy bills, but it is also on the road to failure.
The Best Times of the Year to Buy Your New Appliances
One of the best times to buy many major appliances is September and October. These two months are when manufacturers tend to launch the latest models, so previous models are discounted to make room for new stock. The only exception to this is refrigerators. Most new refrigerator models are rolled out in summer, so May is a good time to shop for discounts on last year’s models.
Another good time to shop for your appliances is January. Some stores keep hold of older inventory as they make a transition to the new models. This means that when January arrives there is a push to get rid of any remaining models with even more discounts. While your selection may be limited, you can get some fantastic deals.
If you do need to buy at other times of the year, try to time your purchase with a holiday weekend. Most retailers have sales corresponding to virtually all the holidays. Even minor holidays can provide an excellent opportunity to get a deal, but just be sure to comparison shop, as some sale prices are not necessarily the lowest around.
While planning is a great idea, there may be times when this is not possible. If you’re moving home, suffer property damage or your appliance suddenly dies, you’ll need to shop for an appliance quickly. Fortunately, there are still some things you can do to get a great deal.
If possible try to wait until the end of the month to make your purchase. Many appliances are sold subject to quotas or on commission, so the end of the month provides an opportunity to negotiate some serious savings. Many salespeople are keen to get the sale registered this calendar month to hit their target, so you may find you can agree on an attractive deal.
If you can’t wait until the end of the month, try to shop during the week. Most retail outlets are far busier on the weekends. Not only will you need to cope with jammed parking lots, but the sales people will also be busy. This means that you may feel rushed into making a decision. Shopping on a weekday will mean more attention and could allow you to negotiate a better deal.