Best Time To Buy A Laptop

by | Jul 3, 2020 | Personal Finance

Maybe your laptop is getting old, and you are looking to replace it soon. Or maybe your old laptop no longer works, and you need a new one. Before you buy a laptop, you want to know how to get the best deal. You know that timing of the purchase influences that. So now you want to know the best time to buy a laptop.

Well, of course, the obvious answer is to buy a new one now if you need it. But what if you are looking to replace your current laptop in the near future, and want to take advantage of bargain buys?

Just like there is a best time to buy a TV, or a refrigerator, or furniture, there are good and bad times to buy a laptop if you’re looking to save. Keep reading to discover the best times to buy a laptop and what else you should consider in getting a good deal.

Best Time To Buy A Laptop

When Is the Best Time To Buy A Laptop?

According to Consumer Reports, some of the best times to buy a laptop are September, April, and May. Some experts say that if you are looking for a discount on an older model, that springtime is one of the best times to start shopping. 

Other prime shopping times include:

  • Back-to-school season (June to September)
  • The holiday season (end of November to the beginning of January)
  • Before and after big product releases

Back-To-School Season

The back-to-school season falls between June and September. But according to Stephen Baker, an analyst who studies laptop pricing and sales for a marketing intelligence group called NPD Group, it’s typically the last three weeks of July and the first three weeks of August when bargains are the most bountiful. This applies to both PCs and Macs.

Buy A Laptop During Back-To-Schpp;

The Holiday Season

Aside from the after-Christmas sales, another prime shopping day is Cyber Monday. Some of you might be thinking, “well, what about Black Friday?” While yes, you can get great deals on Black Friday, Black Deal is better for purchases of some items than others. 

With regards to laptops, Honey states that it’s better to wait until Monday. Their company research found that the savings per user, per purchase during the 2018 Cyber Monday was about 21%. That average is higher than the 18.5% that came from Black Friday. 

Buy A Laptop During The Holiday Season

Big Product Releases

Outside of specific seasons, you can also typically get a great deal on a laptop soon before or after big product releases. If you’ve ever purchased a phone or a laptop in the past to find out that the price dropped a few weeks later, when an updated version was released, you’ll want to pay attention to this next time.

For Macs, you will usually see older versions going out of style and dropping in price around September. That’s around the time they have their special product event. That always isn’t the case, but September is usually a good time to look.

For Microsoft laptops, you’ll find prices drop around their giant October event. 

As a general rule-of-thumb, you’ll see new PCs released during the spring. Additionally, you’ll see bigger name manufacturers releasing their products between June and August and between late fall and late December. 

You can always check the release events if you want to buy a laptop from a specific manufacturer. If it’s not too far away, it’s worth waiting to see if you can get a discount on the model you are thinking of purchasing.

It’s important to note that not all manufacturers may decide to offer special deals on their older products. A company may choose to remove an outdated model from its store, and that’s it. 

How Often Should You Replace Your Laptop?

Now that you know when the best time to buy a laptop is to get the best deal, you should also know how often you should replace your laptop. After all, part of the “best” timing also includes knowing when you need to buy a new laptop to replace your old one, regardless of what deal you get. 

Typically, with budget models, you’ll want to replace those after three years. At that point, your laptop is likely to stop functioning. Concerning higher-end, more durable laptops, you should replace them every 4-5 years. 

Therefore, if your laptop is aging to the point where you’re going to have to replace it soon, that’s also the best time to buy a laptop.

Is It Better To Buy A Laptop In-Person Or Online?

Now, if you mainly want to know when the best time to buy a laptop is because you want to get a good deal, you’ll also want to see if it’s better to buy a laptop in-person or online. After all, if you are trying to save money, every tip counts. 

The best way to buy a laptop is online. For one, it’s usually cheaper to buy online than at a brick-and-mortar store. You’ll sometimes see the same laptop you found on a store website (like Best Buy) being sold at a higher price at their in-store locations.

Additionally, when it comes to price shopping, online is the way to go. It is significantly less time consuming than going into a million different stores to compare prices of laptops. When you shop online, you get to compare prices right from your home and at your fingertips.  

You also don’t need to worry about having a car to drive to a store. The best part is that you can shop 24/7, anytime you want. 

How To Know What The Best Laptop Deals Are Each Year?

In general, if you want a good deal, there are various articles written each year on the best laptop deals for that year. That can give you an idea of what laptop to buy. However, it’s important always to research a laptop’s quality to see if it’s going to do what you need it to do. It doesn’t matter if you get an extremely cheap laptop if it doesn’t function the way that you want it to.

For more information to help you decide what laptop you should purchase, click here,

How Do You Know If You Got A Good Deal?

Now that you know when the best time to buy a laptop is and that you should purchase online, you’re still going to want to make sure you got a good deal.

One of the best ways to know if you got a good deal is to use a price tracking tool. One useful tool that tracks price history is camelcamelcamel.com. You can use their Chrome extension to show you price history for products on Amazon. If you want one for Newegg, use the Hover Hound Chrome extension.

However, some websites do not have a price history tracker like these two. Therefore, you should keep an eye on the laptop you want from month to month and start looking to purchase around the times previously mentioned. 

Wrapping Up: Best Time To Buy A Laptop

Now you know the best time to buy a laptop. There are a couple of different times throughout the year that you can check for a better deal. The best time for you will depend on how close you are to needing to replace your laptop and how close that replacement date is to the season that will provide you with the most significant laptop discounts. If you want the best deal, you should focus on shopping online. You’ll also be able to track price history for individual retailers that way. 

However, it is essential to know that not every laptop will go on sale. If you want a quality laptop at a reasonable price, you can get an idea about this from various websites that will recommend their top picks. 

Remember, though, that the cheapest thing isn’t always the cheapest. Sometimes it pays to fork up a little bit more money for a higher quality laptop. 

Now, it’s time for you to decide what laptop you want!

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<span style="font-size:12px;font-weight:500">Author</span><br><a href="https://wealthpursuits.com/author/kevin/" target="_self">Kevin</a>

Author
Kevin

Kevin is an ambitious entrepreneur that is obsessed with all things related to finance. From a young age, Kevin has always been involved with side hustles ranging from online selling to freelance work. Over the years, Kevin graduated from side hustles and started launching multiple online and offline businesses. Kevin is a serial entrepreneur who loves starting new businesses and exploring all things related to business and finance. He is constantly looking for new ways to save money, invest money, and create income streams.

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