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Major appliances are often expensive, but they can be better-priced at certain times of the year — especially around holidays.
Timing your purchase right is a good way to save money.
Before you buy a dishwasher, refrigerator, range, washer or dryer, check if one of these sale seasons is coming up.
When is the best time of year to buy appliances?
Look for the best deals on big appliances around holiday weekends and at the beginning of the year, when new models hit showrooms.
May: Memorial Day
- Why: Retailers concentrate appliance sales around Memorial Day. The holiday also coincides with Maytag Month, the appliance brand’s biggest sale of the year.
- What to expect: Appliance deals generally take the form of percentage discounts or rebates.
July: Independence Day
- Why: Electronics stores, home improvement stores and department stores tend to host sales at the beginning of July, and these deals often extend beyond the holiday.
- What to expect: Watch for incentives for purchasing multiple appliances at once. And keep an eye on sales into August.
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September: Labor Day
- Why: Labor Day weekend marks the unofficial end of summer. Stores host closeout sales on summer clothing and patio furniture, and other expensive items, such as mattresses and appliances, are often included in the seasonal promotions.
- What to expect: Retailers have been known to throw in free delivery on top of promotional discounts.
October-December: Black Friday
- Why: Retailers reduce prices on just about everything for Black Friday, and home appliances are no exception. In recent years, Black Friday sales have expanded beyond the traditional Friday to Sunday after Thanksgiving to multiweek events.
- What to expect: Appliance deals are typically announced ahead of sales. Act quickly, though, because items may be available only in small quantities.
November: Veterans Day
- Why: Veterans Day is often overshadowed by Black Friday, but tends to bring worthy deals. Some stores offer discounts exclusively for current and former military members.
- What to expect: Savings won’t be as deep as during Black Friday events.
Another good time to buy: Before or after new models come out
- Why: Prices on year-old appliance models drop when new models come out. New appliance technology is often announced in January at CES, an annual electronics trade show.
- When to buy: Target October through November or January through March to take advantage of possible deals on previous models.
- What to expect: You may not get the latest technology if you opt for an older appliance model, but that’s probably fine. Does your washer really need Wi-Fi?
Top tips for buying an appliance right
Timing is important, but it isn't everything. You may need something now. Furthermore, a 50% tariff on imported steel may influence you to splurge on a new appliance sooner than expected. Keep these appliance shopping strategies in mind no matter when you buy.
1. Buy on your own terms
Every appliance has a lifespan, so be sure to pay attention to yours. That way, you can mentally note how many years you have left on your appliances and begin financially planning to buy a new one.
Planning ahead can also help you avoid depleting your emergency savings because your appliances stopped working unexpectedly. In case you don't know how many years each appliance has left, check with the manufacturer or search online for the brand and serial number.
2. Compare prices
Many appliance retailers match prices. To find out if a store does price matching, search online for the retailer's name and "price match" or search the retailer's website for information.
3. Have funds ready
Consider creating the equivalent of a sinking fund for appliances. In other words, put aside some extra cash each month for when it's time to upgrade. One way to decide how much to set aside is to estimate the current cost of all the major appliances in your home and aim to build to that over time.
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