Saving Opportunities for the Winter Season
December 7, 2017
During the winter season, everyone is looking for a good deal on gifts for family members. This deal searching is so big that some people consider Black Friday to be a national holiday. In this search for Christmas gifts there are often some deals that are overlooked. There are a few things that you might not necessarily buy for someone for the holiday season, but you can get a discount on them. Let me preface the rest of this post by saying that these savings are not actually “saving” you money. You will still be spending money, but if these are purchases you were planning on making, you will spend less money than if you would have made these purchases at a different time of the year.
One big purchase you could make that will save you money will be buying a house. To some this may be surprising, but you can often get a house for a lower price during the winter season. If you think about it, it makes sense. People generally don’t want to deal with a big move during the holidays. This makes it so the demand for buying a house is a lot lower. If someone wants to sell their house right away, they will likely have to lower the price because there will not be as many interested buyers at this time of the year. According to research by Zillow, during the peak real estate season, which is around May, buyers can expect to pay an additional $1,500 more than the average for a house. Alternatively, in December, buyers can expect to pay $3,100 less than the average for a house. That is a $4,600 difference for just purchasing the house at a different time of the year.
Another purchase that you can get a good deal on is clothing; specifically, summer clothing. If you don’t mind wearing last year’s styles, this a good way to save money on some new summer clothes. Not all stores will carry summer clothing at this time of the year, but if you check online stores, you can find clothes at deep discounts. You will find these clothes in the sale or clearance section of the website at a lower price, and as it gets closer to Christmas some stores will discount an extra 50% off. The selection can be limited, but if you find something you like and you know you will wear, this is the best time to buy it.
Out of season transportation vehicles are another purchase that can be made at a discount. If you were planning on getting a motorcycle, a boat, or a bicycle, you can usually find the best deals during the winter. This is their slowest season, so even if they might not be advertising any sales, it is very likely that you could negotiate a lower price. This is also around the time when they will begin to get in the new models for the next year, so they will be trying to clear out as many of the old models as possible. For bicycles, you may want to wait until after Christmas because they can be a popular gift, but the demand for them goes down when people are making purchases for themselves since it will be unusable for a couple months depending on where you live.
Well, I hope this list gave you a few good ideas. I wish everyone a happy holiday season!