You already know that buying energy efficient appliances is a smart investment for both the environment and your wallet. If you’re in the market for a new one, you may also know which brands and models you’re most interested in. (If not, researching products with ENERGY STAR labels can help you narrow down your list.) When you’re ready to buy, knowing the best time to make your move can save you a serious chunk of change.
Fortunately, there’s not just one time in the year to maximize your savings. Consider these saving strategies to make the most of your months.
Seasonal Sales and Holiday Discounts
It’s no secret that there are deals to be had during certain seasons and federal and retail holidays. Which time period will yield the lowest prices may depend on what type of appliance you’re looking for. In general, the best time to buy appliances often falls within these purchasing windows:
- Super Bowl sales. If you’re in the market for a new TV, you may be able to get the best deal on one during late January and early February ahead of the big game.
- Spring. If you need a new washer or dryer, April is the month to score the deepest discounts.
- Prime Day. Many major retailers strive to compete with Amazon’s July Prime Day sales, and it’s a particularly great time to get discounts on small kitchen appliances like toaster ovens, air fryers, mixers, blenders, and more.
- Fall. Beginning with Labor Day and ending with the blockbuster retail events of Black Friday and Cyber Monday, fall is an excellent time of year to find deals on appliances—and just about anything else. Keep in mind, however, that with “Black Friday creep,” discounts on some items will quietly reach their peak in late October or earlier in November rather than during the fanfare of Black Friday or Cyber Monday proper.
- Major federal holiday weekends. Memorial Day, Labor Day, and Presidents’ Day are the biggest federal holidays in which major retail sales of many kinds take place, and appliance sales are no exception.
Other Opportune Times
Other great times to score an energy efficient appliance include:
- The end of the month. Retailers that need to meet sales quotas may offer deeper discounts during the last days of a given month.
- The end of the model year. Various major appliance types have different months in which the year’s new models are released, which means that retailers will be motivated to offer sale or clearance prices on the previous year’s models to make room for the new inventory.
- During the off-season. Some appliances, like air conditioners, furnaces, boilers, and grills, are most in demand during specific seasons. Because retailers often need to get rid of out-of-season inventory in order to maximize in-season offerings, you may get the right deal during the wrong season for your item.
Save More Energy with Michigan Saves
Michigan Saves can help keep your energy bills down—now and all year long. Our home and business financing help you quickly turn your home or business into a comfortable and energy efficient space through low-interest financing for eligible energy upgrades.
If saving money and energy is your goal, you’re in good hands. Get professional help from one of our authorized Michigan contractors in your area. Start saving with us today!
