Major household appliances are expensive, but knowing the right time to buy them can help save you and your family money. You might think Black Friday is the best time to buy nearly everything, and there are great deals available, but to get the best deals of the year, September is the right time.
During September, many stores are looking to clear out existing inventory to prep for the holiday shoppers, and manufacturers often release new models in late fall. This combination leads to the best prices of the year for most washers, dryers, dishwashers, ovens/ranges and refrigerators.
Energy Star Rebates
There is also plenty of rebate money remaining for Energy Star certified appliances. Before you buy, visit the site and type in your zip code to find rebates and special offers near you. Products that earn the Energy Star label meet strict energy-efficiency specifications set by the U.S. Environmental Agency, which helps save energy while protecting the environment. These products also increase your home’s resale value, so it’s a win all around.
Once you’ve done your research about product models and determined your additional rebate savings, take it one step further with price matching. Every retailer has different rules, but one we like best is Best Buy. Here’s why. Best Buy matches prices with H.H. Gregg, Walmart, Lowe’s and even Amazon.com among others. Once you make sure the product is identical in brand, color and model number, present the deal in-store or online and they will match the price. After your purchase, keep an eye on the item. If Best Buy lowers the in-store or online price during the return and exchange period, they will match that lower price again, upon request.
Sell Your Old Item
Not only are the prices for your new item lower, but you will also be able to sell your old appliances easy and faster on sites like NextDoor. Many people like selling on NextDoor versus a site like Craigslist because you can sell to only people in your neighborhood, and you can check their post history to get to know someone a bit before inviting them into your home to pick up their purchase. If you’re not looking to resell your appliances, consider a donation. The Salvation Army will come to your home to pick up a donation and give you a receipt for tax purposes.
The professionals at Donohoo Accounting Service are here to help you manage your finances. We have been helping people like you to wisely manage their finances for more than 20 years. For a free consultation, call us today at 513-528-3982. Check us out on Facebook, Twitter or LinkedIn for our latest updates!
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