Buying an appliance is no small task. While mid-range dishwasher, washing machine, or dryer can cost you anywhere between $500 and $1,000, you can easily expect to pay a few thousand dollars for bigger ticket items like a nice new stainless steel refrigerator.
Even though appliances are sold all year round, that doesn’t mean that any time is a good time to buy one. For a variety of reasons, there are certain months out of the year where you can grab some better deals than others.
Here are just a few of the best times to buy appliances and how you can use them to get the price possible.
The Best Times Of The Year To Buy Appliances
It’s no secret that retailers love to use just about any holiday weekend that comes along as an excuse to throw a sale and lure in customers. And for good reason. Holidays are a time when lots of people either don’t have to go to work or take time off.
The biggest holiday save of them all: Black Friday. For decades now, the day after Thanksgiving has taken on a life of its own where stores will throw nearly every consumer product you can think of on sale.
Appliances are no exception. According to Consumer Reports, some of the top-name brands are discounted by as much as 40 percent. That means if you’re looking for a new refrigerator that retails for $2,500, you could end up saving as much as $1,000! Think of all the ways you could invest an extra $1,000! The savings can definitely be worth the holiday madness.
A little more good news? Nowadays when it comes to Black Friday, you don’t have to fight the crowds or stand in some ridiculous line overnight to snag a good discount. Online shoppers have also discovered that the sales on Cyber Monday can be just as awesome!
Don’t forget – there are also a lot of other holidays throughout the year when similar sales will take place. If there’s a weekend coming up that’s near Presidents Day, Memorial Day, Fourth of July, Columbus Day, Labor Day, or Veterans Day, then expect to find a deal.
On most small appliances (i.e. coffee makers, toasters), the start of the year is when the new models will come out. That means retailers will markdown last years’ models to try to move them out the door.
March And April
Starting in March, you’ll find some stores throwing sales on everything because they know that some people will be embracing the concept of “spring cleaning”.
If you’re looking for a new refrigerator, this is your time. Manufacturers start rolling out the new models starting in the summer, and so that means it’s time for retailers to discount the old ones.
September and October
Similar to refrigerators, the fall season is when the new models for most other major appliances will be released. So again – it’s time to discount the old products to move them out and make room for the new ones.
End Of The Month
It doesn’t always take a new product release or holiday weekend to score a good discount. Most appliance stores are just like everyone else – they’ve got quotas to meet and commissions they’d like to earn.
That’s good news for you because it means that if the end of the month is near and they’re coming up short, they’ll be more willing to offer a big discount to seal the deal. This can be especially true with locally-owned retailers that have to fight tooth and nail to compete with the big box stores.
Spring And Fall
If it’s an air conditioner unit or new furnace you need, the spring and fall are when you’ll want to shop around. These are considered the offseasons since they are in-between the two extreme seasons of summer and winter. If you wait that long, delay making your purchase since these are likely to be some pretty expensive purchases.
Other Ways To Save Money On Appliances
You don’t necessarily always have to wait on one of these sales to get a good deal on an appliance. Here are some other helpful strategies that will help you to get a fair price.
Buying things online just makes finding the best deal so much easier. If you’ve already window-shopped around and know exactly which make and model you’d like to purchase, then you can do very specific searches for it to find dozens of businesses that sell it. A lot of times, one of them will be quite a bit less than the others so that they can attract your business.
Another useful trick with shopping online is that you can often easily find promo codes that you would have never known about if you had gone into a physical store. Even if it’s just “free shipping” or “10 percent off”, that could be an extra $100 off the bottom line.
Shop On Weekdays
The weekends are always a time when most stores are packed to the gills with people. Why? Because this is when most people who typically work 9-5 jobs are not at the office.
Unfortunately during these busy times, it’s nearly impossible to get the attention of a salesperson since they are generally stretched thin as it is. Believe me: I’ve been to a big box store during a busy time and had the garden center guy ring me up for a new dishwasher.
What’s a better strategy? Go shopping on a weekday. The store won’t be nearly as busy, and you’ll finally be able to talk to a salesperson and get the attention you need. And if you’re clever, you can politely ask if there are any upcoming sales or hidden discounts available. Most of the time they will be glad to tell you what they know.
Ask the salesperson if they have any floor models or “scratch and dent” products available. These types of appliances always sell at a discount because consumers view them as less desirable. As long as you don’t mind, you can easily save 10 to 20 percent.
When all else fails, just come right out and ask for a discount. Worst-case scenario, they’ll simply say “no” and the product will still cost whatever it cost anyways.
A lot of stores will also offer a price match guarantee. Do your homework and see if another retailer is offering the same appliance you want for less. Even if you have no intention of buying from this other retailer, you can use their lower cost as leverage for a price match.
Who said you need brand-new? Every day, lots of people get rid of appliances that work just fine for any number of reasons. That can be an opportunity for you to seize!
Second-hand sites like Craigslist or Facebook Marketplace can be an easy place to find a used appliance. Depending on the condition, it could end up costing you next to nothing.
The Worst Time To Buy An Appliance
The absolute worst time to buy an appliance is when you “have to”. That means when it just broke and you need a new one right away.
The problem is that when this happens, it likely won’t be at any of the times we just mentioned above. Instead, you’ll feel like you’re making a decision with a gun to your head and will probably end up paying full retail price.
The best way to avoid this is to pay attention to the performance of your appliances and look for warning signs. Is your freezer not as cold as usual? Is your dryer taking longer to dry the clothes? When these things happen, it may be time for you to consider making a replacement. Though it won’t be fun spending hundreds of dollars, at a minimum you can start doing your homework and keeping your thumb on the pulse of a potential deal.