I was reading this consumer magazine about appliance price fluctuations. They graphed different appliances and showed peaks and valleys, but they had no explanation on how you could time your purchase for the best price.
So, I will answer this for you and what the best times are to buy appliances in Boston to ensure you are buying at the very best price (especially when we are not having a Tax-Free Weekend in 2017).
The Fluctuating Nature of Appliance Prices
This is an electronic price tag. We implemented this system because prices can fluctuate almost weekly.
Case in point, this KitchenAid dishwasher has been priced at $749-$1,099 during the last 12 months. Rebates and other markdown promotions are the cause. We will look at both, but first, we will look at the brands who take part during these sales.
Many brands do not discount or have a consistent rebate. Wolf, Sub-Zero, Thermador, and Jenn-Air would be in that category. I would have said Miele as well, but they have been rebating by 10% this year on their packages.
Brands like LG, Samsung, Whirlpool, Maytag, KitchenAid, Amana, GE, Frigidaire, and Electrolux have products with fluctuating prices or discounts.Short on time? Get our free Appliance Buying Guide
A rebate should be straightforward. The manufacturer gives you $50-$200 when you buy an appliance. Also, there are package rebates based on multiple purchases. These are regional rebates.
Buying groups also have a pile of promotional rebates, so you could have another line of rebates with national buying groups.
But wait! There's more.
Promotional Times of the Year
LG and Samsung have added another layer to discounting. They will have different promotional periods where the prices just drop.
Now, the key to buying that KitchenAid dishwasher we mentioned before at $749 instead of $1,099 is timing the promotional periods along with KitchenAid's rebates.
So now, I will tell you the best time to buy appliances in Boston during the calendar year.
Best Times to Buy a Kitchen Appliance
- MLK Day: Any holiday with a Monday off is in play. MLK Day is usually in the middle of January.
- President's Day: Without question, after Black Friday, the next major holiday is President's Day in February.
- Memorial Day: At this point, I need to explain that appliance buyers "buy" twice a year in late April and late August. Warehouses are the fullest after that. Memorial Day has been a big holiday simply because it is the first after a buying show.
- July 4th: It is huge everywhere else but Boston, mostly because nobody is around.
- Labor Day: Circle this day on your calendar. Labor Day is the closest holiday after the Summer buying show, and many stores and brands will have a tough time without a Tax Holiday to sell products. We are expecting way different prices this Labor Day.
- Black Friday: Black Friday is the biggest promotional time of the year. It is the last time for factories to move products.
Once again, some major companies, like Samsung and LG, have used Black Friday to obtain share by discounting their products. They used that strategy with TVs to drive their competition out of the market. Most companies, like Whirlpool, have followed suit.
Many regional companies have warehouse clearances at various times during the year. Having a warehouse clearance helps to clear discontinued units, floor models, and outlet products (scratched or dented products).
We have three, in January, May, and October.
You could save 20-50% at warehouse clearances whether it's at our's or another dealer's.
You don't have to haggle anymore. Just know when rebates and promotions occur together. The appliance business is now like cars or electronics as there is a time to buy if you can.
Labor Day and Black Friday are the best times to buy in Boston this year, followed by President's Day and then Memorial Day in 2018.
Wait until one of these days to buy for the best deal.
We actually cover this and all things appliance in our Appliance Buying Guide. You can download it for free by clicking the link below. Over 240,000 people have read a Yale Guide for buying tips, the best features, and specs.
My goal has always been simple: I want Yale to be the best retail experience anywhere. I have tried to create a compelling environment for customers and employees alike
A Note About Pricing