Major home appliances are often expensive, but they can be more affordable at certain times of the year — especially around holidays. Before you buy a dishwasher, refrigerator, range, washer or dryer, check if one of these sale seasons is coming up. If you can wait to make the purchase, you could save some money.
After a new release
Why: As with most products, prices on year-old appliance models drop when the ones with the latest and greatest features are introduced. New appliance technology is often announced in January at CES, an annual tradeshow, though products are sometimes released later in the year, too.
What to expect: You won’t have the most up-to-date components if you opt for an older appliance model, but that could be beneficial, says Doug Rogers, president of Mr. Appliance, a national appliance repair company. He’s not a fan of purchasing appliances with significant updates until they’ve been out for a while. That way, there’s time to see if anything goes wrong.
Why: Retailers concentrate appliance sales around Memorial Day. The holiday also coincides with May is Maytag Month, an annual rebate promotion from appliance brand Maytag.
What to expect: Appliance deals generally take the form of percentage discounts or rebates. On Memorial Day 2017, Lowe’s marked down select appliances by 30%, while J.C. Penney discounted major appliances by up to 40%. Maytag gave shoppers up to a $600 prepaid debit card by mail with the purchase of select kitchen appliances.
Fourth of July
Why: Electronics stores, home improvement stores and department stores tend to host sales at the beginning of July, and these deals often extend beyond the holiday. Some Fourth of July refrigerator prices have beaten Black Friday prices, according to a pricing analysis by Consumer Reports.