Your stove is a major appliance that should only rarely need to be replaced. It's usually not an impulse purchase as you are strolling through a department store or an appliance center. Instead, you've either had it break down, you are remodeling and updating your kitchen, or you are moving and need to equip your new home. You often don't have much of a choice for timing such a purchase, but there are months, days of the month, and days of the week that are better for purchasing a stove.
The Best Months to Purchase a Stove
For a killer deal on a new stove, the best month to buy is in September or October because new models hit the sales floor each winter. To ensure there is space for them, last year's models get tagged with clearance prices. You also may be able to get a deal in January on the very last models left on the floor. Be sure to ask about floor models and scratch-and-dent models that may be lurking in the warehouse. If you can tolerate a few surface blemishes, you may be able to wring out a better deal.
Holiday Weekend Sales on Major Appliances
You also can get a good deal if you shop on a holiday weekend (Labor Day, Memorial Day, President's Day, etc.). These often are dates for sales on major appliances, but be sure to do your research beforehand to see if you actually are saving money.
End of the Month Deals
Staff at many stores earn commissions on sales, so you will be able to get the best deal the last week of the month when they are more motivated to reach their sales quotas. Come prepared to negotiate. Do your research for pricing online and with competitors. Aim to at least match the lowest price you found or go even lower. If you have the proof with price quotes and printouts, you can be an assured negotiator.
Best Day of the Week to Shop for Stoves
If you can go to the store during the week, you will be able to get more attention from the sales staff and have time to drive the best bargains. Aim for Thursday, daytime or evening. Interestingly, a study said that Thursday also was the day online retailers were most likely to reduce their prices. You might get online quotes early on Thursday to take to the appliance store with you for comparison and as the starting point for negotiations.
Do Your Research Ahead of Time
You won't always be able to predict when you need to replace your stove, but if it is past its warranty, you might want to start keeping tabs on what features you want, what brands and models you prefer, and the best places to buy. Then you may be able to time your purchase for the best deal. If you are going to be remodeling, upgrading appliances, or moving, start thinking about the best time to make your purchase within the timeframe of your other plans.