Did you know that a new fridge can cost up to $10,600, while a new stove can run as high as $7,800?
The good news is you can save hundreds of dollars on your kitchen appliances just by using this one simple trick. You need to buy your appliances at the right time of the year.
Prices and sales fluctuate all year long based on the product, when new models come out, and when companies run their annual sales. To get the best deal on the new appliances you need, here is the best time of year to buy new kitchen appliances.
Take Advantage of New Model Reviews
Anytime companies come out with a new product, or a new version of an old product, you’ll see sales.
Warehouses need to clear the old model out of their inventory to make space for the shiny new one. That means they need to clear space fast, and so they set their prices much lower.
Whether you’re looking for a new dishwasher or the best espresso machine available, you’ll get the best deals just before companies release their latest model.
Generally, new models come out in September and October, so this is a good time to keep an eye out for sales and bargains.
Buy Refrigerators in May
Most refrigerator companies release their new models in summer. You’ll see sales for refrigerators popping up throughout May to make room for new inventory.
Bonus tip: Double this with a holiday weekend, and you can strike some good deals.
Keep an Eye on Holiday Sales
Capitalism has turned any holiday into a new reason to sell things, but you can use this to your advantage. Major holidays like Memorial Day and Labor Day lead to some pretty exciting appliance sales.
While the stores may be extra busy, you can usually get good savings on the model you want.
Before you step foot in an appliance warehouse, you should have a general idea of which products you think would be a good fit for your kitchen. Pay attention to price points and features, and know ahead of time which ones matter most to you.
Be Patient & Plan Ahead
Shopping for a new appliance, especially a vital appliance, isn’t something you should do out of necessity. When you think your appliance is nearing the end of its lifespan, start saving up and get ready to replace your faulty appliance.
Patience and thorough research help you get the best deal possible on the right model. This way you can avoid being suckered into an expensive sales pitch because you need a new fridge today.
Use the Best Time of Year to Buy New Kitchen Appliances to Your Advantage
Figuring out the best time of year to buy new kitchen appliances isn’t tricky at all, and it is well worth your time.
So whether you need a new fridge, a new stove, or a smaller ticket item, use our guide to help you save hundreds.
What’s your favorite hack to save money on big appliances? Let us know in the comments below and then keep browsing our site for more great reads!