Snag small appliances such as microwaves, coffee makers, and toaster ovens during November and December. Retailers offer lower prices on these units during these two months to clear out excess inventory left at the end of the year.
Buy new appliances on major holidays and sale events.
If you want a newly released appliance of any type rather than a prior-year model, hold off on buying at the time new models are released—when prices are highest. Plan instead to make your purchase on the next holiday or big sale day like Fourth of July, Memorial Day, Labor Day, Black Friday, and Cyber Monday (for online purchases), when the cost of major and small appliances are reduced well below the original list price to encourage shoppers to spend more time and money shopping during their day off of work.
Top retailers offered an average discount of anywhere from 25 to 60 percent on appliances for Black Friday events, according to WalletHub. But it’s important to review the print or web ad for any sale event before you attend to make sure that the appliance you want is available and at a price that’s actually lower than its original price.
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