#When Is the Best Time of Year to Buy Large Appliances?

Benjamin Franklin once said, Necessity never made a good bargain. It was true back in Ben s time and it s still true today.

Consider what happens when you decide at the last-minute to take a vacation to the beach. When you go online to book it, ticket prices are astronomical. Yet, had you planned your trip out over the last 6 months, you would have had plenty of time to find a good deal.

The same is true when it comes to buying a large appliance. If you plan ahead, you ll have plenty of time to find a good deal before you desperately need the appliance. This is because there are certain times of year that are best for purchasing washers and dryers, dishwashers, refrigerators, stoves/ranges, and the like.

But when is the right time of year to buy? And what should you do if you need a new appliance immediately? We ll examine each question below.

When to Buy a New Appliance

When it comes to large appliances, many people choose to use their current ones all the way up until the day they die. While this does ensure maximum use, it doesn t allow you to effectively plan a new appliance purchase when appliance prices are at their lowest.

Instead, try to get a rough idea of when your appliance will go out of commission. Then, begin planning your purchase before the appliance breaks. This strategy will ensure that you get the best bang for your back.

Pro Tip. Most companies provide an estimated lifespan for your appliance to give you an idea of when it s likely to fail. Keep track of its usage to know when you re getting close to the maximum. Also, if your appliance is performing poorly, it may be on its last legs and is probably using too much energy. For example, if your fridge is struggling to stay below 40 degrees Fahrenheit, it s not functioning as well as it should and your energy bill may even reflect this.

One other advantage to replacing appliances sooner is that many new models have more efficient technology that can save you money on utility bills. For example, some new washers require less water to run, and dryers are available with sensors that detect when clothes are dry. This allows you to save money on water and electricity and minimize wear and tear on your wardrobe at the same time.

Best Times to Buy a New Appliance

For all major appliances (other than air conditioning units), consider timing your purchase to the suggestions below.

1. September and October

The best time to buy most major appliances is during the months of September and October. During these two months, manufacturers unveil their latest models. This means that the previous year s models must be discounted in order to make room for the new models that will hit stores in the winter.

The exception to point number one is refrigerators. Unlike the other major appliances, most manufacturers roll out their new models of refrigerators in the summer. This means that last year s models get discounted during the spring.