Tools and Hardware Deals for Dad
Does Dad want a new drill for Christmas this year? Perfect! December is an excellent time for tool and hardware deals. Typically the number of sales on tools is about a third higher than average and the total Editors' Choice-caliber promos will double. Look for significant discounts on drills, wrenches, general tool sets and more.
It's a Jolly Time to Buy Christmas Decorations ... After Christmas
At this point, it's common knowledge that holiday decorations see their greatest discounts after the holiday in question has passed and this is no different for Christmas. If you wait until Dec. 26, you'll see discounts of 40 to 75 percent off seasonal goods. However, if you absolutely must buy a fake Christmas tree before the 25th, look to Target, Sears and Home Depot for inexpensive options. Also, keep in mind that any seller with fresh-cut trees is likely going to start discounting them around Dec. 20.
Stock Up on Kitchen Items for More Holiday Cooking
Although November saw a great number of excellent cookware and kitchen deals, our data shows that they should continue into December. About one in four kitchen deals in December will be of Editors' Choice caliber, including cutlery sets, cookware and bakeware, small appliances and more. Amazon will lead the charge with these deals, offering about a third of the total sales for the month.
For Some Electronics, Wait Until 2016 Models Debut
At this point, if you're interested in tech that typically gets updated around the time of the Consumer Electronics Show -- high-end laptops and fancy TVs, for example, tend to get unveiled at the show -- then you might be better served waiting until the 2016 models are announced. This way, 2015 models will start to hit record low prices. (Of course, not everything follows this cycle; smartphones tend to be announced in late spring, while Apple products keep their own individual annual schedule.)
There Will Be Fewer Sales on Eggs
While it's true that egg prices have dropped slightly in recent weeks, they hit a record high in September due to an outbreak of avian flu over the summer. According to Bloomberg Business, the epidemic wiped out 32 million egg-laying chickens. While prices are rebounding incrementally, analysts believe there will be fewer supermarket promotions on eggs this month than there were this time last year. That means shoppers will be stuck paying full-price more often than not. Read about other foods that might experience fluctuating prices.
Snag a Car Deal on New Year's Eve
The end of the calendar year is generally a good time period to buy a car, as dealerships are eager to clear out old inventory. But TrueCar.com found that Dec. 31 specifically tends to see the strongest average discounts of the year. In 2013, New Year's Eve saw an average discount of 8.8 percent off. There are other ways to maximize your savings too, including tips for effective negotiation.
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