Midday Fix: Best time to buy big ticket items

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Cameron Huddleston

Kiplinger

Cameron's Tips:
Airline tickets
The optimal time to get the lowest price on a ticket for a domestic flight is 47 days in advance, according to a study by CheapAir.com. But don’t panic if you need to lock in your itinerary earlier or if you just missed the 47-day mark. The pricing study found that there’s a prime booking window between 114 days and 27 days before departure when fares for U.S. flights are the best.

Computers
There are three times of year when you can get a great deal on a laptop computer. In late March and early April, previous-generation laptop models usually are marked down 30% to 40% as the annual Japanese manufacturing cycle comes to an end. Both new and older laptops are discounted 30% or more during back-to-school sales in August and September.

Patio furniture
Rock-bottom prices on patio furniture can be found in October and November, when retailers try to clear out the remaining inventory of summer merchandise. Shoppers can expect discounts of up to 85% then.

Televisions
If price is more important than quality, the week of Thanksgiving is the best time to get a great price on a basic high-definition TV. Most off-brand sets are discounted about 30%, but TVs that are advertised as doorbuster deals – deeply discounted items that are limited in quantity and available for a short period of time – can be marked down as much as 50%.

Refrigerators - There are several reasons why May is the best month to buy a new refrigerator. Manufacturers introduce new models in the spring, so retailers tend to cut prices in May on the previous year’s models by as much as 50% to make room. And to drum up interest in the latest appliance releases, new models often are marked down by up to 25% during Memorial Day sales or even Mother’s Day sales.

Cars - To increase your chances of getting the best price on a new car, shop in the early fall, when new models hit lots. That’s when dealers offer discounts and incentives, such as cash rebates and low- or no-interest financing, on older models.

More information is available at:

www.kiplinger.com/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s