Money matters: When is the best time to buy big appliances?

appliancesThink of what happens when you buy things on the last minute rather than planning the purchase well ahead of time. The first scenario will end up finding a so-so deal, while the latter gives you a good if not the best deal. The moral of the story is to find a good deal way ahead the time when you are in desperate need for a replacement.

There are certain times in the calendar when you can buy refrigerators, washing machine, dishwashers, gas ranges, and other appliances. Here are some helpful tips to guide you:

When is the right time to get a new appliance

When planning about your large appliances at home, you might want to have a rough idea of its life span and try to plan a purchase before they breakdown. This strategy will allow you to get the best value out of your money. So when you buy your appliances ask for an estimated lifespan and also monitor if they are starting to perform poorly.

Matter of timing

Consider following the suggested calendar below on buying appliances

  1. January
    A lot of stores will have new models coming in by the start of the year so most likely they will need to clear their inventory. And as the new year kicks off, you can even find more discounts.
  2. May
    During the spring, you can find a lot of refrigerator models on discount. New models are usually rolled out during the summer
  3. September thru October
    This is the best time to do major appliance purchases. Manufacturers release their new models during these months so the models of last year will be discounted.
  4. Holiday Weekend
    Name any holiday weekend and appliance stores will most likely have a sale on that weekend. You will most likely find a great deal during this holiday weekend appliance sales.
  5. Anytime over the internet
    All year round you can find a great deal as long as you search for them well.

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