Best Time to Buy New Appliances to Save Money

Erin Easley

Written By Erin Easley

Published 09/16/20
Best Time to Buy New Appliances to Save Money

A home appliance is rarely an impulse purchase. Appliances need to be quality, functional machines that can handle use day after day, and a new appliance can cost several thousands of dollars. Those circumstances mean that most consumers are compelled to do their research and make informed decisions when it’s time to buy a new refrigerator or dishwasher.

Part of that research process is asking important questions: Which appliances are most reliable? Which are most energy efficient? How long should appliances last?

In this post, we’ll explore another important question: When to buy new appliances? Because the price of any given appliance varies significantly over the course of the year, knowing the best time of year to buy appliances can result in major savings.

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Buy New Appliances on Holiday Weekends

It’s no secret that retail stores launch significant sale events on holiday weekends. Black Friday is often thought of as the best time to shop appliances, but deals can be had on several holiday weekends throughout the year. Some notable holidays include:

  •          New Year’s Day
  •          Presidents’ Day
  •          Memorial Day
  •          The Fourth of July
  •          Labor Day
  •          Columbus Day

Even if retail stores advertise major price cuts, however, consumers should still pay careful attention to the sticker price. Some sellers have been known to mark up the price of a piece of merchandise during a sale event, but slap on a sticker that advertises 25% off. Buyers may think they’re getting a steal, but their savings isn’t quite what they imagine it to be.

This leads us to an important shopping tip: Keep tabs on prices of appliances throughout the year. If you’re in the market for a new washing machine, pick a few models and make a note of how they’re priced at different times. Then, when the item goes on sale during a holiday weekend, you’ll have a good idea of whether or not the advertised price is a good deal.

Buy New Appliances on Autumn

While good deals can be found year-round, some research has found that the best month to buy new appliances may be September or October. There are a couple reasons for this.

Data suggests that savings during Labor Day sales is greater than savings during other holiday sales. Black Friday may have the lowest price on a specific appliance, but there is typically a great variety of appliance models on sale during Labor Day and Columbus Day.

Also worth noting is that new appliance models are often released in September and October. This means that older models go on sale around this time as stores seek to clear their inventory to make room for new merchandise. Even if an older model is not officially on sale, it’s worth asking if the store is willing to sell an older model at a discount. The worst they can say is no.

Maximize Savings With a Home Warranty for Appliances

So, when is the best time to buy appliances? Holiday weekends, especially in the fall, is a good bet, but it depends on a number of factors.

Of course, the best way to save on your appliances is by keeping the ones you already own in good working order. A home appliances warranty can help you stay on top of the routine maintenance of the appliances in your home. It can also save you a lot of money by covering the repair and replacement of appliances that break down.

You can find comprehensive coverage with Liberty Home Guard’s Appliance Guard and Total Home Guards plans. Use our website for a free quote. You can also speak with our team by calling (833)-544-8273.

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