The cost of major kitchen appliances can fluctuate during certain times of the year.
Whether you’re looking into buying a new refrigerator, dishwasher, or range, you may be able to save some money by waiting.
So, when is the best time to buy kitchen appliances?
Today, we’re taking a closer look so you can get the kitchen appliances you need and save money in the process.
When is the Best Time to Buy Kitchen Appliances?
It depends on where you’re looking to buy, but most stores will offer promotional pricing on kitchen appliances at certain times of the year.
Need a replacement sooner than later?
You’re in luck! In addition to offering more affordable options throughout the year, stores will sometimes offer deals on kitchen appliances based on a few other considerations, including the month and the release of new products.
In this article, we take a closer look at some of the best times to buy kitchen appliances, which include the following:
- Around holidays
- Before new models are released
- End of the month
- End of the year
Holidays and holiday weekends give major retailers a reason to advertise a big sale – and generate some profits. While many people may shy away from these sales, thinking that they are too good to be true, they need to be aware of the marketing behind them.
During holidays such as Memorial Day, Fourth of July, Labor Day, and others, you can save as much as 50% or more on a kitchen appliance purchase. And, it’s a true saving. See, retailers know that if they get you in the door to make that purchase, you may be more apt to buy items that are not on sale.
With markup, they are still making money if you don’t. So, it is a win-win for them – and you.
Just before the new models are released
Major kitchen appliances are big. They take up space on the floor and in the storeroom. When new models are coming out, they need to prepare their store to accommodate them. This is when you will commonly find a sale – pushing out the old to clear up space. Marking down the prices is a great way to quickly move inventory.
That means it’s a great time for you to make your purchase.
At the End of the Month
For many stores who have sales teams that work on commission – or for those who are focused on numbers, the end of the month can bring a great time for a major appliance purchase. You will find that they may mark down prices or offer a sale in hopes of adding numbers to their books.
Many companies seek to keep their sales numbers at a certain level. Dropping prices of high-cost items can help them reach that goal.
September, October, November, and December
It is quite common for major household appliances to be at their best prices during these fall months. This is caused by a couple of things. First, these months are quite popular for large manufacturers to release new models. To make room for them, as discussed above, retailers often provide deals to clear out the old inventory.
Another reason is the fact that this season is associated with the upcoming holidays and a lot of gift-giving. Shopping galore takes place in this last quarter of the year. And major appliance purchases are no exception. Whether it is holiday shopping, Black Friday shopping, or other sales, choosing to purchase at the end of the year could save you a ton of money.
When is the worst time to buy new appliances?
Just as there is the best time to purchase a new appliance, there is also the worst time. And, if you are in the marking for kitchen appliances, then you should know when to avoid making your purchase.
When you need it – urgently
When you need it is perhaps one of the absolute worst times to consider purchasing an appliance. You can only go so long without, say, a refrigerator or range, which means you don’t have much time to research. If you need an appliance in June, you cannot necessarily wait until they go on sale to get one. Making an impulsive, urgent purchase can cost you.
To avoid this scenario, don’t wait until your appliance bites the dust to get a new one. Instead, replace older or inefficient appliances at the best, most affordable time to do so.
Just after the new models are released
Buying a new model of appliance just after it is released can cost you quite a bit of money. Going back to the principle of supply and demand. The new releases are the top of the market – and they are in demand. You won’t likely see a sale on them for quite a while. That means once they are released, expect to pay full price.
If you really want the newly released appliance, wait until the next model is about to hit the sale floor and you will find yourself a good deal. Remember, just because the appliance is last year’s model doesn’t mean that it lacks in quality, appearance, or ability.
Alas, online purchasing
Don’t forget that online purchases can lead to great savings, as well. In fact, some researchers even go to the extreme and say that 3:00 pm on a Thursday is when you will find the best online deal. We don’t know for certain that this is true, but doing your research on online purchasing could potentially save you money.
This is especially true when it comes to things like Cyber Week or Cyber Monday. Plus, online purchasing gives you the chance to go directly to the manufacturer’s website where you can find and compare appliances in one spot.
The best way to save money is to be cognizant of your purchase and know what you are buying. Don’t be impulsive. Making your purchase with confidence can ease your mind. By taking these ideas into consideration, you can rest assured that you are getting the best deal on your major kitchen appliance purchase.