January: After Christmas clearance
With the Christmas season over, there are lots of deals to be found in stores! New furniture is usually released bi-annually – in February and August. So retailers will lower prices in January in the hopes of clearing space for newer inventory on the way. It’s also the best time to buy Christmas and holiday goods at a discount. So stock up on things like wrapping paper, Christmas bags, Christmas cards, etc. in January to save some serious cash and to be prepared when the next holiday season rolls around.
February: Prepare for winter
March: Get in shape
If you’re looking to reboot your New Year’s weight loss resolution, March is a great time to pick up exercise equipment at a discount. Treadmills and elliptical machines are past their peak buying time, so retailers are looking to get rid of them. Sports equipment, like golf clubs and athletic wear, are also facing deep discounts.
April: Tech out!
Japanese manufacturers’ fiscal year ends in March, so they’re typically ready to roll out new product lines. If you’re ok with being a year behind the latest and greatest, you can pick up a fully functional digital camera, laptop computer or big-screen TV in April. Tax refund-themed sales may also make it cheaper to upgrade your technological goods.
May: Around the house
Now that the weather’s getting nicer, many home improvement shops will begin running sales on tools and other supplies. It’s also graduation time, which means dorm-stocking essentials will get some discounts. Check out basic pots, pans and cooking appliances in May.
June: Think thrifty
Everyone’s gotten a chance to get their spring cleaning done. That means thrift stores are stuffed with donated second-hand goods. Be on the lookout for bargains of all sorts, but especially for used furniture and clothes.
July: School supplies
The end of July marks back-to-school time, which means this is the month retailers start gearing up for back to school shopping. Look for promotions, like tax-free days, if you’re in the market for a computer. Otherwise, you can stock up on pens, paper and other standard office essentials.
August: Beat the heat
If you’ve managed through the heat of the summer with a busted AC, August may provide some much-needed relief. Major appliance retailers are looking to shift their inventories from cooling to heating. Look for discounts on window AC units, dehumidifiers and other cool appliances.
The new models of most major appliances start to roll out in October and November, making September an excellent time to grab last year’s model. If you need a new dishwasher or refrigerator, try to hold out until September. Also, new Apple accessories, like iPads and iPhones, typically come out in November or December, so September can be a great chance to upgrade your device, too.
October: Cars and cruises
The new model year begins for cars toward the end of summer, so there are a lot of leftovers from the previous year that need to go. Dealers are desperate to move inventory, so you can get a good price on the current year’s models. October is also a quiet season for cruise lines, so many of them run specials and sales during the month.
November: Game on
Christmas season is in high gear, and major retailers are competing for gamer bucks. Expect to see the best bundles with the hottest games for the lowest prices in November. Whether you’re trying to surprise a gamer in your life or just get the newest games for yourself, November is the time to buy.
In a paradox of economics, champagne demand is very high, so the price goes down. Champagne companies are competing for the New Year’s crowd. If you’ve got a major event coming up, like a wedding or anniversary, December can be a great time to stock up on bubbly.
Your Turn: What’s your best deal-nabbing tip? How do you find the lowest prices for the best stuff? Share your bargain hunting wisdom with us in the comments!