The Best Time to Buy Appliances (2024 Guide) (2024)

BySabrina Lopez | April 6, 2023

Note: This article is free of generative AI. All content was written and edited by humans.

  • Shop on Holidays
  • Wait for New Models
  • Track Prices
  • Ask About Floor Models
  • Other Shopping Tips
  • Where to Shop
  • FAQ
  • The Best Appliances to Buy
  • How We Chose
The Best Time to Buy Appliances (2024 Guide) (1)

All products and services featured are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission.

A new appliance is a major purchase. Knowing the best time of year to buy appliances can help you find deals without sacrificing quality. Below, we’ve gathered some shopping tips to help you maximize your investment.

Shop on Holidays and Retail Holidays

The best time to find deals on appliances is on major holidays, such as the following:

  • Black Friday
  • Cyber Monday
  • Fourth of July
  • Labor Day
  • Memorial Day
  • New Years
  • Presidents Day
  • Prime Day (for Amazon products)
  • Veterans Day

Retailers put out their best deals around holidays to keep pace with their competitors. However, you’ll need to make sure you do your homework ahead of time and are ready to act quickly, as holiday deals typically sell out right away.

If you’re interested in looking at the appliances in person, it’s best to go before the sale. Ask an employee which models will be on sale to get an idea of your options and compare. That way, you’ll be ready to strike when the price is slashed.

Retail holidays such as Cyber Monday and Amazon Prime Day are also great times to look for sales if you’re willing to shop for appliances online. Review features and product specifications carefully, and read customer reviews if you plan on buying an appliance online without seeing it in-store.

Wait for New Models

Besides holidays, the best time to buy appliances is when new models come out. At these times, manufacturers will reduce the price of previous models to clear out inventory for the new products. As long as you’re willing to get a slightly outdated model, you could save big bucks.

Some manufacturers begin sales a month or two before the new models are available. For example, Maytag offers robust rebates on refrigerators during “May is Maytag Month.” You can use this rebate finder to find rebates on Energy Star-certified appliances.

Track Prices

You never know when a flash sale might pop up. For example, some manufacturers have deals at the end of the month as they try to hit specific sales quotas. If you’re willing to wait—and potentially miss out on the product if it goes out of stock—try tracking prices and acting when the cost goes down. Make sure to look at multiple retailers to see if they put the product you’re looking for on sale.

Ask About Floor Models

One easy way to save money on appliances is to ask the sales representative to sell you a floor or open-box model. While these items technically come with a “used” tag, they’re often heavily discounted, even for the most up-to-date models. Buying a floor model can save you as much as 15%, and the product won’t have any significant drawbacks other than fingerprints and a few potential scratches.

Here are some other ways to save in addition to the tips above.

Compare Various Retailers

It’s always wise to look up multiple retailers and compare prices. Even if you’ve seen a model in person and feel ready to buy, check online first to see if it’s being sold for less elsewhere. If you see the model you’re looking for listed for a cheaper price, you can attempt to negotiate with the salesperson to match it.

Shop in the Off-Season

If you know when the busy season is for your appliances, you can save by shopping at the opposite time, as prices are likely to go down when demand is lower. For instance, a new air conditioner may cost less in winter than summer, whereas a heater will be less expensive in summer than winter.

Check for Back-to-School Deals

The back-to-school season may seem like a strange time to look for appliances, but with new students moving into dorm rooms and apartments, retailers often have sales on items such as refrigerators and washer-dryer sets in August and September. Back-to-school is a particularly great time to look for small appliances such as minifridges, small microwaves, and portable washers.

Research Credit Card Benefits

Some credit cards provide benefits for buying from certain retailers or brands. Alternatively, some cards may offer cashback or other reward points that could save you money, even if not directly on the appliance.

Where to Shop for Appliances

Here are some of top retailers to look at when buying appliances:

  • AJ Madison
  • Amazon
  • Appliance Connection
  • Best Buy
  • Costco
  • The Home Depot
  • Lowe’s
  • P.C. Richard and Son
  • Sears
  • Walmart
  • Wayfair

You can also buy the appliance directly from the retailer. For example, Samsung’s online store has its entire collection of appliances available to ship. You can also look for appliances at your local appliance store, which may be more willing to cut a deal than a big-box store.

Buying Appliances FAQ

What month is best to buy appliances?

In addition to holiday weekends, fall and early winter (from September through December) are typically the best times of year to buy appliances. This is when new models begin to roll out before the holiday season.

Is there a time of day that’s best to buy large appliances?

Yes, there is a time of day and week when it’s best to buy appliances. Buying later in the day, such as after 3 p.m., is more likely to lead to a sale than in the morning. Additionally, shopping on a Wednesday or Thursday before the weekend rush when there are fewer crowds will maximize your chances of getting face time with a representative and being able to negotiate a deal. The store may also be looking to clear out inventory before rolling in new models for the weekend.

Is there a place to look for deals online?

Checking multiple retailers manually is the best way to find a great deal, but online resources can help streamline the process. One effective tool is Google Shopping, which tells you when thereu0026#8217;s been a recent price drop or current deals on appliances, electronics, home decor, and more.

The Best Appliances to Buy

Using the methods listed above, you’re all but guaranteed to find a great deal on home appliances. However, you still need to ensure you’re buying a high-quality product. Use the buying guides below to find the best products.

  • Best Built-In Microwaves
  • Best Dishwashers
  • Best Electric Stoves
  • Best Oven Ranges
  • Best Refrigerators
  • Best Top-Load Washers
  • Best Washer-Dryer Sets

How We Chose the Top Appliances

Over the years, our team has vetted thousands of products to help you select the best appliances for your home. We update our data points and review content regularly to account for shifts in customer consensus, product availability, new releases, and overall quality.

To steer the product selection process, our reviewers conduct detailed research that focuses on several key factors:

  • Brand research: We cast a wide net by first looking at the latest, most reputable models available through trusted retailers.
  • Ratings: We then scope our list down to products with a high number of verified-buyer reviews and average customer rating between four and five stars.
  • Expert and consumer insights: Next, we look at what independent product testers, subject matter experts, and other publications have to say about each model we review.
  • User needs: Finally, we compare each item’s features, specs, and warranty information to find a best-in-class option for every type of consumer and price point.
The Best Time to Buy Appliances (2024 Guide) (2024)

FAQs

The Best Time to Buy Appliances (2024 Guide)? ›

In fact, new figures show a number of things have gotten cheaper in 2024… it's just washers and dryers that happen to be leading the pack with the biggest drop in price.

Will appliance prices go down in 2024? ›

In fact, new figures show a number of things have gotten cheaper in 2024… it's just washers and dryers that happen to be leading the pack with the biggest drop in price.

What is the best month to buy appliances on sale? ›

“Prices generally start to decrease around July and continue to drop through the holiday season, culminating in Black Friday deals. So, if you're interested in that shiny new appliance, waiting until the fall might be a smarter move.” Seasonal appliances are also most expensive when they're in season.

When should I get new appliances? ›

Think 5-10-15: if the appliance is five years old, do not replace; if it's 10, run the numbers; if it's 15, it's probably time to replace. This rule works well for five of the top energy suckers in your home: refrigerators, water heaters, central air conditioners, furnaces and clothes washers.

Are appliance prices coming down? ›

With inflation coming down, appliance prices aren't going up quite as much. The price for major appliances went down 2.4% from December 2022 to January 2023 and declined 3.9% overall since last January, according to the Consumer Price Index.

Will 2024 be a better year to buy? ›

"2024 is bound to be a better year for homebuyers, if only because of how terrible 2023 was," says John Graff, CEO at Ashby & Graff Real Estate. Graff anticipates falling interest rates and increasing inventory could result in more opportunities for homebuyers in the months ahead.

What is cheaper in 2024? ›

Dry grocery items like sugar and coffee could see a decrease in price in 2024. Not everything will be cheaper in 2024, though. According to industry experts, a lot of the reason prices on these dry goods are prone to level off and even drop is because supply is finally having a chance to catch up to demand.

How can I get a better deal on appliances? ›

Here are tips and tricks for finding the best deals on appliances, without sacrificing on quality.
  1. Repair before you buy. Return to menu. ...
  2. Do your research. Return to menu. ...
  3. Don't buy more than you need. ...
  4. Compare prices. ...
  5. Shop around. ...
  6. There is no 'best' time to buy. ...
  7. Cosmetics can cost (or save) you. ...
  8. Skip the extended warranty.
Sep 11, 2023

Can you negotiate for new appliances? ›

Although it can't hurt to haggle at national chains such as Home Depot and Lowe's, independent stores often have more flexibility on price. The Consumer Reports survey found that of the 32% of people who tried to get a better deal for a major appliance at an independent retailer, 64% were successful.

Are appliances cheaper in January? ›

Check with your favorite retailers and search online for late-year discounts. No matter what happens around the holidays, retailers need to clear out any remaining prior-year inventory first thing after the holidays end. Expect deep discounts in January followed by a return to regular pricing on then-current models.

What refrigerator has the longest life? ›

French-door refrigerators have an average lifespan of about 10-15 years, making them one of the more reliable options on the market. Like side by side models, these last longest when they have independent compressors for the fresh food and freezer sections.

What brand is the best refrigerator? ›

Refrigerator brands such as Whirlpool and Frigidaire make more affordable appliances with fewer features, and if you're looking for a model under $1,000, Insignia is a great choice. If you have a little more to spend LG, GE, and Bosch fall into a mid-tier price point and have more high-tech features.

Should you replace all appliances at the same time? ›

Replacing everything at once also creates a cohesive look and feel. You can choose finishes, knobs, and sheen color to complement your kitchen design. And, it can be easier to finance. You'll have one price to budget and pay for, not several from varying retailers.

What appliances are hard to get right now? ›

Much like we are seeing in the automotive industry, the global chip shortage is impacting appliances like microwaves, refrigerators, and washing machines.

What month is the cheapest to buy a fridge? ›

Refrigerators are a bit different, though. Makers of that kitchen appliance tend to release new models in the spring, so that's typically a good time to buy a fridge. May is also Maytag month when retailers offer rebates and savings on Maytag appliances.

Are more expensive appliances worth it? ›

They're greener

On top of their attractiveness, convenience, and superior functionality, high-end appliances are often more energy efficient than their lower-priced counterparts. So, although you'll pay more for them upfront, you'll save on utility bills.

Are rates going down in 2024? ›

Will mortgage rates go down—and stay there? The general consensus among industry professionals is that mortgage rates will slowly decline in the last quarter of 2024. The projected declines have shrunk, though, in recent months. At the start of the year, for instance, Fannie Mae predicted rates would drop to 5.8%.

Will the market be better in 2024? ›

As a whole, analysts are optimistic about the outlook for stock prices in 2024. The consensus analyst price target for the S&P 500 is 5,090, suggesting roughly 8.5% upside from current levels.

Will prices increase in 2024? ›

The CPI and PCE increased 3.5% and 2.7%, respectively, year on year in March 2024. The PCE Index is projected to fall to 2.1% by fourth-quarter 2024, averaging 2.3% for the year. Supply chain improvements and falling housing prices have yet to be fully reflected in inflation numbers.

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