Best time of the year to buy items for your home
Whether it is purchasing a new sofa, shopping for a new car, or upgrading to a new TV, many of us have goals regarding things we want to buy for our homes. If you can avoid making an immediate purchase, however, it is possible to save money by planning sales in advance. Waiting until the best time of year can help you maximize your spending power and get the most bang for your buck in 2019.
Sales at car dealerships tend to focus on holiday weekends and events. “For buying new cars, the holiday sales events are pretty good bets,” said senior managing editor for Kelley Blue Book, Matt DeLorenzo. Memorial Day and Labor Day weekends are particularly known for their deals for car buyers.
If you want a new car, and don’t need the latest and greatest, consider buying a car at the end of the year.
“The holiday sales events seem to be a good time, and manufacturers are looking to close out the calendar year sales on a strong note.”
New models begin arriving between September and December; many dealers begin significantly discounting vehicles from the previous model year as they begin to make room for new arrivals. Used cars follow a similar cycle. As vehicles are traded in during weekend sales events, used car inventories increase in the weeks directly following a holiday.
Most mattress retailers schedule their sales over three-day weekend, since this gives buyers additional time to shop. According to Consumer Reports, Presidents Day weekend in February often has the lowest mattress prices of the year. Memorial Day, Labor Day, and Fourth of July weekends also often come with deep discounts on mattresses.
January is known for its “white sales” and is usually the month with the lowest prices on sheets, blankets, and bedding. First started by John Wanamaker in 1878 to boost sales in his department store, white sales are used by retailers to boost traffic in the slowest shopping times directly after the holidays. Many retailers have discounts of 70-80% on bedding during this time.
Shopping for electronics is all about Black Friday. The day after Thanksgiving – or the evening of in some stores – features heavily discounted prices and doorbuster deals that are nearly impossible to match. Don’t want to fight the crowds at 3 am? Consider shopping the week before the Super Bowl.
“The deals really continue after Cyber Week all the way until the Super Bowl,” said shopping and trends expert for RetailMeNot, Sara Skirboll.
New electronics models tend to be released during the spring. End of season sales are common between February and April as retailers make way for new inventory.