What's the best month to buy new appliances?

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When major household appliances like your refrigerator or dishwasher are on their last legs, you might be tempted to replace them immediately. But if you plan ahead, you could save hundreds of dollars on top-of-the-line appliances. Find out the best time of year to buy new appliances without breaking the bank.

Right Before a Major Launch

The prices for home appliances are often highest when new models first appear on the market. Naturally, many homeowners want the newest appliances with all the bells and whistles. They don't mind paying a little extra to be the first on the block with the most advanced washer, dryer, or range.

In most cases, the longer you wait, the more home appliance prices decrease. Right before a new model comes out, brands often discount existing models. To find out about new models before they're released, pay attention to news from the Consumer Electronics Show (CES). This annual trade show typically happens in January.

Immediately After a New Release

If you missed your chance to make a purchase before all the brand-new appliances come out, don't worry. Many brands offer discounts right after big product launches, too. If you want to take advantage of these lower prices, you probably won't be able to purchase the newest models. However, you might be able to get a great deal on an older model as the brand tries to clear out older stock and make way for the new line.

Saving big on an established model can offer benefits that go beyond the discount. When you invest in an older model, you can read tons of reviews and really weigh the pros and cons. In contrast, reviews and usage data are much more limited for new models, making your decision tougher.

Around Major Holidays

January is far from the only month when retailers tend to discount appliances. Some of the biggest shopping holidays of the year happen during long weekends throughout the year.

Presidents Day

If you didn't get what you wanted for Christmas or if you missed the Black Friday sales, consider waiting for late February. Presidents Day is one of the first long weekends of the year and offers an opportunity for many retailers to discount last season's stock. This long weekend can be a great time to replace outdated appliances, especially if the brand you like announced a new lineup at CES.

Memorial Day

If you're shopping for new appliances in the spring, consider waiting until Memorial Day. This late May weekend tends to be a major shopping holiday when you can find substantial discounts or rebates on household appliances.

Independence Day

Summer is often a slow time for appliance retailers, so many offer big sales in July. Look for household appliance sales to start at the beginning of the month and last at least through the holiday weekend. Some include discounts on multiple items, so consider replacing more than one outdated appliance.

Labor Day

Toward the end of the summer, many brands discount household appliances. On Labor Day weekend, look for great deals on the appliances you'll need to get through the fall and winter. In some cases, you might even be able to find discounts on shipping or delivery, too.

Veterans Day

Although it falls just a couple weeks before Black Friday, Veterans Day often means big sales on major appliances at big box retail stores. If you're a current or former member of the military, you might even be able to find additional discounts on refrigerators, ranges, and more.

Black Friday

As one of the most celebrated shopping holidays of the year, Black Friday often brings deep discounts in stores and online. To make the most of this holiday, subscribe to get sale announcements from your favorite brands or retailers several weeks in advance. Then compare prices and make a plan on or before Thanksgiving so you can get the appliances you need at the price you want before limited quantities run out.

During Back-to-School Season

When back-to-school season rolls around in August, you might be planning to buy backpacks, pencils, and notebooks. Yet many brands also discount appliances, especially models that would work well for college students who need to outfit their dorm rooms or apartments.

In most cases, you don't have to be a college student to take advantage of these great deals. Keep an eye out for savings on items like mini fridges, microwaves, and other small appliances in late July and August.

In the Off Season

If you've ever had to replace your air conditioner in the middle of summer, you know that buying new household appliances at peak season isn't easy on your wallet. Since demand is highest during peak season, manufacturers are more likely to charge higher prices.

In contrast, you can often find great deals if you shop during the off season, when demand is lowest. Consider planning seasonal purchases several months in advance, such as buying space heaters in the late spring, window air-conditioning units in the late fall, or grills in the winter.

At the End of the Month

If you buy household appliances online, you might not see a big change in pricing throughout the month. Yet if you shop for washers, dryers, or refrigerators in a showroom, you may notice that prices decline toward the end of the month.

That's because many appliance stores set sales quotas for employees. Salespeople who still need to meet their quotas might have a greater ability to offer discounts, especially close to the end of the month. To test out this theory, brush up on your bargaining skills before visiting your local store.

The Worst Time to Buy New Appliances

In most cases, you should avoid waiting until old appliances break down before you shop for replacements. Naturally, if you need a new refrigerator immediately, your ability to find deals or comparison shop becomes limited. That means you're more likely to overspend your budget or make a purchase that you regret later.

Whether you need to update your refrigerator, dishwasher, dryer, or other household appliance, we've got you covered. Search the Automatic Appliance Parts lookup tool to find and order the parts you need quickly.