When is the best time to buy a TV? I’m asked that question more than any other.
You can find television sales almost any time during the year. Before you start shopping and whip out your credit card, there is something you need to know.
If you want to find the absolute best deals on a new TV in 2018, you need to plan to purchase during the five times a year listed below.
The good news is each opportunity is spread out over the course of the year. So you are never far away from a great bargain on a new HDTV.
Read on below to find out the 5 best times to save some serious money when buying a new TV.
When New Models Are Released
Most television manufacturers unveil their newest TV models at the annual Consumer Electronics Show (CES) in early January.
This puts incredible pressure on retailers to thin out last year’s left over televisions to make space for this years sets.
In order to make room for new models, manufacturers and retailers tend to slash prices on current inventory items.
That’s terrific news for you. It is a super time to grab last years brand new 4K LED, OLED, or QLED TV at a big discount.
However, if your looking for a deal on the newly released TV technology , now is not the time to buy.
If you want to be the big dog on the street with the latest and greatest HDTV, go ahead and rush to the store in March and April.
Leading Up To The Super Bowl
The biggest game of the year, kicks off some of the biggest TV deals you’ll find all year long. Why does the Super Bowl equal winning deep TV discounts?
- The Super Bowl is the perfect event to highlight the highest resolutions and the largest screens for massive Super Bowl parties.
- The Super Bowl kicks off just a few weeks after the annual CES in early January.
- Retailers are clearing out last year’s inventory, left over from Black Friday/Cyber Monday and Christmas sales, to make room for the newly announced models that arrive in stores starting in March.
To encourage you to upgrade your old set prior to the big game, both retail and online stores offer big discounts on stock TVs.
Our guide will show you how to score the best Super Bowl TV Deals.
Amazon Prime Day
Prime Day, is Amazon’s way of creating it’s very own annual holiday. The company boasts it rivals Black Friday deals.
It’s a fire sale on many stock items in virtually every Amazon category. TVs can be a big part of the advertised deals.
This makes it a great time to score a new TV. The only downside is the deals are:
- Exclusive to Amazon Prime members
- Traditionally feature cheaper TV models
Historically, the annual event is in mid July. Check out our 2018’s Prime Day TV deals to discover some of the best Amazon TV deals.
The Dog Days of Summer
When is the best time to buy a TV on sale?
According to a Bloomberg report, based upon data from analytics firm Indix, August is the best time of year to buy a TV.
Why August? It is the continual cycle of out with the old and in with the new.
As mentioned earlier, new television sets are introduced near the end of the first quarter.
The beginning of the year kick starts the first round of sales for last years TV models. In February, the Super Bowl is the biggest sales event for TVs during the first half of the year.
By July, if older models are still setting in inventory, retailers are getting desperate to clean off the shelves to make room for 2018 models prior to the year end holiday season.
Look for deep discounts leading up to and during Back to School sales.
If you’re content with the best TVs of 2017 Holiday season, you’ll be able to save a bundle of money in August.
Black Friday and Cyber Monday
Is Black Friday the best time to buy a TV?
The answer is Yes and No. It depends where you shop.
Based on the aggregated deal data of all TV merchants, Black Friday represents the 2nd best time of the year to save big on a new HDTV.
However, an Amazon spokesperson says the holiday season is the best time to purchase a new TV at Amazon.com. “Particularly the weeks of Black Friday and Cyber Monday, when customers can discover a wide range of TV brands available at great prices.”
The best time to buy a TV at Amazon is Black Friday and Cyber Monday
Amazon isn’t the only electronics retailer offering deep discounts on Black Friday and Cyber Monday TV deals. Major stores compete heavily for shoppers dollars.
Some monitor competitors prices in real time throughout the day.
According to a Consumer Reports pricing analysis of Black Friday promotions, some televisions have sold for as low as 50% of their original retail price.
Some TV manufacturers create special models specifically for the Black Friday shopping season.
Deirdre Kennedy of Gap Intelligence claims, “Samsung regularly releases a new TV model for the holidays, which comes in a range of sizes and offers the most competitive prices from the brand all year.”
These sets, called derivatives, will be similar to current TV series but have fewer features.
These stripped-down TVs are sold at bargain prices. If you do a search by model number and can’t find it sold elsewhere, It is probably a derivative specific to the retailer.
If you missed out on the all discounts on Friday, Cyber Monday (the first Monday after Thanksgiving each year) offers some great opportunities to snag a deal on all types and sizes of TVs.
Be sure to troll all the major TV retailers for the best deals.
When is the worst time to buy a TV
The worst time to buy a TV is right after the new model is launched. Prices on newly released TV sets are not typically discounted more than 10% of their original list price until 5 or 6 months after their launch dates.
You don’t see signification discounts of 20% or more until 12 months after the models release.
What about HDTV deals other times of the year?
You’ll find the deepest and the most discounts during late summer and the Black Friday holiday season. However, it’s easy to find a TV sale almost any time of the year.
Father’s Day, Memorial Day, the 4th of July, and Labor Day can be excellent times to find deals on new HDTV models.
There is even sales on New Years Day, Mother’s Day, and Halloween. The little industry secret is; there is TV sale almost year round.
Special sporting events, like the recent World Cup, the Olympics, and March Madness can also be a great time to buy.
It’s possible to find TV deals most times of the year.
Where To Look For The Best Deals
Best Buy, Walmart, and Amazon are the big 3 when it comes to TV bargains. No other retailers can match their size and scope.
The are also fiercely competitive with one another. Walmart and Best Buy will price match what you find on Amazon.
With all that being said, the big 3 do not always have the deepest TV discounts.
Here is our short list of trusted TV retailers to search for deals:
- Best Buy
- Abe’s of Maine
- PC Mall
- Tech For Less
5 Tips To Save Even More Money
Here are more ways to save on your next HDTV purchase.
Research Multiple Outlets
To get the best deal on a TV you should check both in-store and online electronic retailers. It is easier to just visit Amazon or Best Buy, but I recommend checking out more sources.
Find Open-Box Models
Open Box TVs have been previously purchased and returned to the store. These TVs are generally brand new, but sold at a discount. Display models can also bring much deeper discounts.
Buy A Refurbished TV
Refurbished TVs didn’t work properly out of the box or had a cosmetic defect. They were returned to the manufacturer to be repaired with original manufacturer parts.
I’ve purchased refurbished TVs and enjoyed years of uninterrupted viewing. Double check that the TV has a full new warranty, and you should be good to go.
Buy A Discounted Gift Card
Once you’ve decided the TV you want to purchase and the store you want to buy it from, see if you can snag a discounted gift card for the store. You can buy gift cards below face value from website like CardPool.com, and GiftCardGranny.com. You can typically find gift cards at a 10% to 30% discount.
Get A 30 Day Price Match Guarantee
After all your research, if your still worried about over paying, check the retailer’s price match policy. Many of the bigger stores offer a price match guarantee for a limited period of time. Read the fine print, some exclude purchases during sales, like Black Friday, are excluded from a price match guarantee.
Follow Social Accounts
Many times retailers notify their followers of promotions and deals before announcing to the general public. The occasionally provide rewards to those that follow them or like their social posts.
It’s Time To Start Shopping
As with any big purchase, a little patience can go a long way to help you save major bucks on a new TV. With a little research, you can find the best price on the HDTV of your choice.
To good new is, if you just can’t wait, there is rarely a bad time to buy a TV. Prices drop throughout the year.
Now that you know the best time to buy a TV, get that credit card out, and start shopping.
Tell us what and when you purchased in the comments below.