We’ve all heard about off-season sales, promotions and clearance events. It’s usually better to plan and wait for the right time to buy, than getting an item the instant you want or need it. Speedy Cash wants to help you save money by giving you the optimal times to buy some of life’s most essential items.
Furniture
Best Time to Buy: In January, stores lower prices on furniture to clear out the showroom because they bring in new models in February. November has the most sales on furniture, not necessarily the best prices.
Worst Time to Buy: February through April when new spring inventory is in at full price.
Other Tips: Look for furniture store sales around Memorial Day, Fourth of July and Labor Day.
Electronics
Best Time to Buy: TVs and home theater equipment are on sale in January up until the Super Bowl. Laptops and computers are on sale at the beginning and end of the regular school year. November brings Black Friday and Cyber Monday with many good deals- if you get up early enough and fight the crowds.
Worst Time to Buy: While older models go on sale in January, when new models come out, the new models are very high-priced. Who wants to buy an old model tablet or camera?
Other Tips: If you can’t wait until peak sales seasons, computer and electronic deals can be found on Mondays when manufacturers apply rebates.
Houses
Best Time to Buy: If you want to get a good deal, the fall and winter is the best time to buy.
For more selection and a wider-range of prices/options, the spring and summer is the best time to buy a house.
Worst Time to Buy: Peak market times when housing prices are highest: September and early spring.
Other Tips: It’s said that the best days of the year to buy a house cheaply are Easter Sunday and Christmas Day because of the lack of competition. To get a deal, look for a low-competition time.
Cars
Used
Best Time to Buy: The best time to buy used cars is October or early November when there are little to no bonuses or people are saving extra money for the up-coming holidays.
Worst Time to Buy: The used car market is sensitive around tax refund time. Mid-February to early June used cars are sold at a higher price because more people have money from refunds
New
Best Time to Buy: Greatest discounts for new cars can be found late in the year and around holidays like Memorial Day and Labor Day.
Worst Time to Buy: Early in the year when new models come out.
Other Tips: Occasionally sellers try to get the sale before the end of the month and could discount prices.
Vacations
Best Time to Buy: Most cruises for the next winter go on sale in April. September is a slow travel month and can be the best time to book holiday travel for deals.
Worst Time to Buy: January is the most popular month to book spring and summer travel. Try to book earlier or wait until after March for better “last minute” deals.
Other Tips: Booking and traveling mid-week (at low travel times) can significantly lower the price of a trip.
Appliances
Best Time to Buy: Good deals can be found on used refrigerators in May when many are remodeling their homes and upgrading appliances. Other large appliances are discounted in January and February to clear out older models.
Worst Time to Buy: New models are released in September and October raising prices.
Other Tips: Sundays are the cheapest days to buy appliances, as are holidays such as Memorial Day.
Find good deals at the right times of the year to save big! Use this guide to plan ahead and shop around for these necessary items at the best time of year to buy. Happy shopping!
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