Best Time To Buy A Washer And Dryer

First, there’s a noise. You ignore it because no one wants to buy a new washer while the old one still works. Next, you notice that clothes aren’t drying properly. No problem. The machine is getting older. Throw that load back in again. Finally, the washer stops working, half-filled with water of course, and your old dryer just can’t handle those sopping wet towels. 

Back yards, garages, and junk yards across America are filled with broken washers and dryers that were used past their expiration date. Sadly, the “frugal” launderers who owned them shelled out top dollars for replacements. It doesn’t have to be that way. Pay attention to the warning signs. You can plan to upgrade on your terms, not the appliance store’s. 

The day after your washer or dryer breaks down is not typically a good day to buy a new one. Large appliances are major investments that need to be shopped for and preferably bought when they are on sale. If you pay full price, you’re looking at around $2000 for a decent setup. Hit the right sale day and you can bring that down under $1200. You may be surprised to hear it, but there are best times to buy appliances. So, what exactly are the best times to buy a washer and dryer? Let’s take a closer look!

Front Load Washers

Watch For Washer And Dryer Warning Signs

Obviously, you’ll get a better deal if you can choose the moment you buy a new washer and dryer. If either of them “dies” unexpectedly, you’re faced with a tougher situation. Avoid the stress (and the additional expense) by watching for the near-death warning signs your machines are sure to send you. Here’s what to look for with your washer:

  • Noise: This could be the result of worn pulleys or belts, which is a quick and cheap fix, but it’s also a sign your washer is on the way out. Before you call the repairman, check the balance of the machine. Most washers have adjustable feet. If the machine is out of balance, it will rock and make noise. Adjust the feet or elevate one side to fix it. 
  • Leaking Water:  Check for broken hoses first. There are two that come through the back, one for hot water and the other for cold water. If that’s where the problem is, it’s an easy fix. If not, you could have a blown seal or internal hose problem. Those problems are signs to start shopping for a new washer. 
  • Bad Smell: Older front-loading washer machines have a tendency to develop an odor that could permeate your clothes. These machines weren’t built to properly self-clean, so mold builds up. If you start to smell something funky, get rid of the machine. This was a common defect in machines manufactured in the early 2000’s. Check with the appliance store where you bought it. You may be eligible for a settlement.  
  • Age: Sometimes washers simply die of old age. The life expectancy on a washing machine is roughly eleven years. To be on the safe side, assume the ten-year mark is when you need to start searching for an upgrade. Washers get more energy efficient every year, so buying a newer model is never a bad investment. 

If you bought them both at the same time and your dryer breaks down before your washer, be prepared to upgrade both. You’ll get a better deal for the combo and chances are the washer is not too far behind on the expiration list. Don’t hesitate on the dryer upgrade. Older dryers are the primary cause of 15,000 house fires each year. Newer models don’t typically catch fire.

The Best Times To Buy A Washer Or Dryer

Best Time To Buy A Washer And Dryer

You can get a good deal on almost anything during Black Friday sales. Washers and dryers are no exception. New models are released in September. By November, those sticker prices are starting to come down and retailers are looking to sell high volume before the holiday. Does that make November the best month to buy a washer and dryer? Not necessarily. 

Memorial Day weekend is actually the best time to buy a new washer and dryer. The unofficial beginning of summer is when appliance stores and big retail chains want to move out inventory to make room for new models coming in September. They mark down all the older models just to get them off the floor. Keep that in mind when you shop.

After Memorial Day, the summer months are good times to buy a washer and dryer, but your choices may be limited. By the time July rolls around, you’ll find a scattering of assorted models on the showroom floor, most of them older or not popular brand names. Be careful on the latter. The price might be right, but parts could be hard to come by if it breaks down.   

Labor Day weekend is when you start to see new models come out. That means last year’s models, if there are any left, can be had for rock-bottom prices. Some “experts” will tell you this is the best time to buy a new washer and dryer. I disagree. You might get a better deal, but the selection is better on Memorial Day. Don’t wait if you don’t have to.  

Cash for New Washer and Dryer

Don’t Get Stuck At The Laundromat

According to a study conducted by The Simple Dollar, the average cost of doing a load of laundry at the laundromat is $3.12. In comparison to that, the cost of doing laundry at home is $.97 per load. That’s a savings of $2.15 per load. Think about that for a moment. If your washer and dryer break down, it’s more expensive to go the laundromat route.

Stuck in the Clothes Dryer

Further details in this study reveal that an average washer/dryer combo in 2020 will cost you roughly $1300, so the break-even point, based on the math above, is roughly 600 loads of laundry. How many loads do you do a month? The numbers tell the story. Don’t get stuck at the laundromat. The best time to buy a new washer and dryer is right now.  

Final Thoughts: Best Time To Buy A Washer And Dryer

When your washer or dryer (or both) give out, it comes time to buy replacements. Maybe you want to get ahead of it, though, and replace them before you become stuck! Either way, now you know the very best time to buy a washer and dryer. Buying at the right time means you can save big!

Looking to upgrade or replace some other household items? If so, you may also enjoy reading our guides to the best time to buy a mattress and the best time to buy furniture.

Join the Wealth Pursuits Newsletter
Get game-changing financial tips, investment ideas, and other exclusive content.
We respect your privacy
<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.

Join the Wealth Pursuits Newsletter
Get game-changing financial tips, investment ideas, and other exclusive content.
We respect your privacy