Purchasing new appliances for your home is exciting, but it also can be expensive.
Depending on the time of year, you may be able to take advantage of significant savings.
But when is the best time to buy major appliances?
Weve researched and identified the times of the year when you should consider purchasing new appliances.
What Is the Best Time to Buy Appliances?
Throughout the year, retailers reduce prices to help move major appliances.
When shopping holidays are approaching, check the websites and flyers for your local appliance retailers.
Most stores will begin advertising shopping holiday deals weeks in advance so that you’re free to plan.
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Remember that deals can move fast during these holidays, so act quickly.
Retailers love to provide deals for major holidays, turning them into popular sales celebrations.
Popular holidays for deals include Memorial Day, Labor Day and the Fourth of July.
As with shopping holidays, retailers will advertise deals for weeks leading up to special sales days.
Did you know?
Buy Last Years Model
When it comes to home appliances, not a whole lot changes between model years.
Withconsumer electronics, there are often rapid developments each year.
But home appliances typically offer only slight tweaks each year.
Purchase Open Box or Floor Models
Dont be afraid of purchasing open box or floor model appliances.
Buying an open box or floor model can offer the best price and generally comes with little risk.
Floor models are the display units you see when browsing and typically have no mechanical wear.
Comparison-shop
Lastly, dont forget to comparison-shop and compare prices.
We sometimes see significant price differences between retailers for the same appliances.
If you found the ideal product at one store, see if you could find it cheaper elsewhere.
After all, youll likely be living with your new appliances for many years.
Here are some features you should consider when appliance shopping.
When shopping for appliances, carefully consider the spaces they need to fit into once delivered.
Measure your spaces before going appliance shopping.
Electricity vs. Gas
Some appliances, such as stoves and dryers, may need different energy sources.
If you are purchasing a natural gas appliance, be sure that your home has natural gas.
On the flip side, if you buy a 240-volt appliance, youll need the proper outlet installed.
One benefit of new appliances is that they consume less energy than their older counterparts.
Energy-efficient appliances will help save money in the long term.
Most manufacturers offer one-year warranties; anything less should be approached with caution.
Style and Design
We cant forget about style.
Some appliances offer basic color options, while others will allow you to affix custom wood panels.
Multiple times of year offer sales for purchasing new appliances.
The end of autumn includes significant shopping holidays, such as Black Friday and Cyber Monday.
Spring offers up events such as May is Maytag Month for stellar discounts.
Due to Costcos membership program, you’ve got the option to find some appliances at significant discounts.
If you want to purchase new home appliances,Costco is a promising source for finding savings.
Dont have a Costco card?
See if a friend or family member can help you out.
Michael Archambault is a senior writer at The Penny Hoarder specializing in technology.
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