Given the cycles of production and the need by retailers to clear their shelves of outdated goods, many of the things we buy fall in price at specific times of the year.
Here is when some popular products often cost less:
Just like many products, appliances go through annual makeovers. The new versions of refrigerators, dishwashers, and clothes dryers emerge in September and October.
That makes those months a great time to buy appliances because prices are slashed to get the old models out of the showroom, according to Bankrate.com.
According to Edmunds.com, an authoritative automotive website, you may be able to get closer to the price you’d like to pay if you shop for wheels:
- At the end of the month, dealerships are eager to earn manufacturer’s bonuses.
- At the end of a model year, when last year’s car looks out of date.
- At the end of a car’s design cycle, just before the car will be redesigned bumper to bumper.
Electronic manufacturers unveil many of their coolest, newest products in January and February. This renders the previous year’s gizmos less desirable, meaning you can find savings opportunities February and March.
New furniture models come to the stores in February, according to Bankrate.com, and that turns January into a good month to save on furniture.
However, if you are looking to replace that bedraggled couch and miss the February window, you may get another chance in July, when the new stuff for Fall starts arriving, according to Bankrate.com.
Airline ticket prices change constantly, driven by competition among airlines, the season, and even fuel prices.
Still, experts point to one time when you can look for good deals: Wednesday, which is the midpoint of a complicated week cycle that sees prices rise late in the week and then fall early the following week.
“What’s the best time to buy your ticket on Wednesday? One hour after Tuesday midnight (1 a.m. Wednesday morning),” Peter Greenberg, travel editor for CBS News and travel editor at large for AARP, writes on his website.
“Why? About midnight, the airlines usually reload their computers with the latest low-cost fares that were announced the previous day but will be canceled if they are not purchased within 24 hours,” Greenberg advises.
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