What’s the Best Time to Shop During the Year?
Do you ever wonder when’s the best time to shop for different things throughout the year? Thanks to smartphone apps and buyers’ clubs, finding great deals is now super easy. But, knowing exactly when to buy can save you even more money, whether you’re stocking up on food, refreshing your closet, or planning to buy a new car.
When to Shop for Clothes
You might already know that the best time to shop for clothes is on Thursday evenings. That’s because retailers often restock and markdown items then, gearing up for the weekend shoppers. Plus, if you can hold off for six to eight weeks after a new fashion season starts, you will likely find better prices. Similarly, buy last season must-haves at the end of the season when stores want to make room for new collections – their loss, your gain! Subscribing to a store’s online newsletter can give you a heads up about surprise sales that aren’t generally advertised.
When to Buy a Car
Shopping for a car? Let’s be smart about it! Go for the “end ofs” – end of the day, month, and model year. Why? Dealerships offer great deals towards the end of the model year, typically from late-summer to early-fall, as they’re making room for new models. They also push for sales at month-end to meet sales targets. Buying at the day’s end might get you a bargain too, as salespeople won’t want to see a potential buyer leave without a sale. And, fun fact, a study by TrueCar.com found that car shoppers on Fridays could pay $2,000 more than Sunday shoppers for the same car!
When to Shop for Everything Else
Like clothes and cars, there are best times to buy just about anything. For instance, you’ll get the best deal on an air conditioner in the coldest months. Even the Sunday paper has fewer grocery coupons in the summer than in the winter, believe it or not! Savvy shoppers prove the saying “time is money” by understanding retailers’ patterns and playing their game.