The Best Things to Buy This Month — Before and After Christmas

This month shopping is unavoidable, but getting good deals is easy if you time your purchases right.

Hold off on these purchases

High-end electronics

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, are often unveiled at the show — then you might be better served waiting until 2017 models are announced. This way, 2016 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.)
If you’re interested in tech that typically gets updated around the time of the Consumer Electronics Show every January in Las Vegas, then you might be better served waiting until 2017 models are announced.

CES technology now goes well beyond TVs, gaming laptops, and ultra-portables. In the wake of the event, look for deals on everything from smart home appliances to fitness trackers to tech for pets.

A new car

The end of the calendar year is generally a good time to buy a car, as dealerships are eager to clear out old inventory. 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 negotiating effectively.

Exercise equipment

Sporting goods retailers know that many shoppers are making fitness-related New Year’s resolutions, and they want you to shop at their store, not the other guy’s. To this end, January is a great time to get exercise equipment and apparel. The sales do start right after Christmas, but don’t really pick up until next month, when we’ll see twice as many deals and almost twice as many Editors’ Choice sales.

Clearance sales on winter apparel

If you need a new parka or wool scarf, expect sales to liven up in January, when we see 50 percent more clearance sales on clothing and accessories than in December. If you really can’t wait until the New Year, at least wait until the after-Christmas sales, which comprise most of December’s clearance deals.

What is your approach to shopping around the holidays? Share with us in comments below or on our Facebook page.

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