When Is the Best Time To Purchase New Appliances?

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    Appliances can be a major expense for homeowners. While a microwave may cost around $100, a new, top-of-the-line refrigerator could set you back more than $10,000.

    Whether you're considering an eventual upgrade to your washer and dryer or you're panicking because your freezer died in July, here's what to know about the best times to purchase different appliances. We'll also share tips for saving money at any time of year—because you can't always plan for when you need to replace your dishwasher.

    Best Time To Buy Kitchen Appliances

    Kitchen appliances encompass a wide range of tools and instruments for cooking, cleaning, reheating and food storage, including:

    • Cook ranges
    • Ovens
    • Hood vents
    • Refrigerators
    • Freezers
    • Dishwashers
    • Microwaves

    For the biggest savings, experts suggest shopping for kitchen appliance sales around holidays like Memorial Day, Presidents Day, Black Friday and Labor Day.

    For small home and kitchen appliances the summer and Black Friday after Thanksgiving are some of the best times to save, according to Wirecutter.

    You can also save by bundling multiple kitchen appliances into one purchase. Many retailers offer packages that combine big-ticket kitchen items from the same brand, helping shoppers save hundreds of dollars or more.

    Pro tip: Don't forget to factor in extra costs for delivery, installation and hauling away your old appliances. You may be able to sell your old appliance on a local platform like Facebook Marketplace if it's still in good condition.

    Best Time To Buy Washers and Dryers

    You need a functional, efficient washer and dryer to stay on top of those endless piles of laundry. If you're shopping for laundry room appliances, there are several different types of washers and dryers to choose from, including:

    • Top-loading and front-loading washing machines
    • Electric and gas dryers
    • Portable washers and dryers that are smaller and ideal for apartments and tight spaces
    • All-in-one washer/dryers

    Some research suggests that washer and dryer prices drop to their lowest later in the year (think October and November), but shopping during holiday sales can also help you save money. If you time your purchase around Memorial Day, Presidents Day or Independence Day, for example, you might find savings earlier in the year.

    You may also be able to save money by shopping the previous model year when new washers and dryers are released around the start of fall.

    Pro tip: If you're ready to upgrade your washer and your dryer, you may be able to save money by bundling both purchases into one. Many manufacturers and retailers offer discounts on bundles. Bundling may also help you save on installation costs.

    Best Time To Buy Seasonal Appliances

    If you're buying a seasonal item—like a grill or an outdoor refrigerator—you'll generally find the lowest prices at the end of the summer or during Labor Day sales, when retailers are prepping to roll out the next season's wares.

    Pro tip: Shopping for something specific, but flexible on your timeline? Use price-tracking tools to research pricing history. Then plan your shopping trip based on when prices have historically reached their lowest.

    More Ways To Save on Appliances

    Aside from shopping the sales, here are other ways to maximize your savings on all types of appliances at any time of year:

    • Search for rebates. Depending on where you live, you may be able to take advantage of state refund programs on select appliances, including refrigerators, dishwashers and washers and dryers. Search your zip code on Energy Star to see if you qualify for any rebates for the appliances on your list.
    • Ask about open-box and floor models. If you're not picky about purchasing a specific brand or getting an appliance in pristine condition, you may be able to save money by shopping scratch-and-dent appliances. These appliances may have been floor models or returned by other customers. Despite cosmetic damage, they're still in good working condition—and are likely covered by warranties.
    • Purchase appliances from the last model year after manufacturers roll out their latest and greatest new models. Wirecutter suggests looking for savings on last year's ranges and stoves at the beginning of the year, or keeping an eye out for discounted refrigerators in May.

    Smart Deals & Flexible Financing Any Time of Year

    You can't always plan your appliance purchase around a major sale, but you don't have to. There are smart ways to save year-round, like bundling multiple appliances, scouting out scratch-and-dent discounts or comparing prices across brands and retailers.

    And it's not just about savings. When you're ready to buy, the Synchrony HOME Credit Card gives you more options—including special financing on qualifying purchases.

    Ready to upgrade? Explore deals from Synchrony partners on Synchrony Marketplace. And don't forget to use the Synchrony HOME Credit Card and search for local Synchrony HOME retail partners to find special offers near you.

    *Subject to credit approval. See store for details.

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    Lauren Sieben

    Lauren Sieben is a journalist and freelance writer based in Milwaukee. She has written about personal finance, real estate, insurance and home renovation for brands and publications including Realtor.com, Northwestern Mutual and Western & Southern Financial Group.

    *The information, opinions and recommendations expressed in the article are for informational purposes only. Information has been obtained from sources generally believed to be reliable. However, because of the possibility of human or mechanical error by our sources, or any other, Synchrony does not provide any warranty as to the accuracy, adequacy or completeness of any information for its intended purpose or any results obtained from the use of such information. The data presented in the article was current as of the time of writing. Please consult with your individual advisors with respect to any information presented.
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