Timing Your Shopping To Save Money
Topics: Shooping , Money Saving , Finance
Timing your purchases to coincide with manufacturer discounts, clearance sales and off-season discounts will enable you to find a good price on almost anything. Here are some hints on the best times of the year for shopping to get the best bargain on various products.
Air conditioners
Contrary to common belief, winter is the best time to buy an air conditioner if you are looking to buy cheap. Air conditioners are most in use during the summer. People feel the heat and they start to buy. The stock gets depleted, the demand is higher and so is the price. When cool weather comes around, most people don’t buy air conditioners, so the demand drops, as does the price.
Big appliances
September and October are usually the best time to buy big appliances. New models of major appliances such as ranges and washing machines dispatched to the showrooms in September and October. About the same time, the previous models go on sale to make space for the new ones.
Bicycles and outdoor gadgets
The best times to buy these items are January. If you want the newest stuff, the time to look is in February and March, when the season’s models come out. The stores start replacing fall and winter stuff with spring and summer models, and that’s true for most all outdoor gear from shoes to bikes, hiking gear, everything, Some companies will send out special holiday items that will land in the discount section after the season. In general, most of the new products come to stores in February. Hence, January is good for looking for the old models in the post-holiday shopping period.
Cars
New model years begin appearing at dealerships in the fall, making September an ideal time to snatch up the previous year’s model at a discount. By the end of the year, inventory dwindles, so acting earlier assures a determined buyer of the best selection.
Also, monitor the number of days that a truck or car sits on a lot. Anytime a car or truck isn’t selling well, you can get a good deal. Using the Internet department to broker the deal is also a good idea. You’ll save money and skip the high-pressure negotiations in the finance and insurance office.
Cell phones
A new cell phone comes out approximately at almost every five minutes. You can barely keep up with the steady stream of new models being offered. The market for cell phones doesn’t follow any seasonal trend or technological advances. Hence, you can buy these at any time.
Computers
If you’re shopping for a low price on a computer, buying slightly older technology can save you some money. Chip manufacturers turn out upgrades quickly, about every three months, with major computer manufacturers following suit. Hence, a good rule of thumb to follow is to buy in the middle of the summer to take advantage of the back-to-school sales or the winter holiday markdowns.
Bobby Thomas is a financial adviser and well known for his finance related articles . You can find more financial articles written by the author by visiting the following link .
www.thefinanceworld.co.uk
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