If you make your purchase at particular periods of the year when sales abound, you can save money.
Whether it’s high time to replace that secondhand Craigslist couch or revamp your outdoor space with a new patio set, here’s when to buy.
Indoor furniture: Winter, summer
The furniture industry tends to operate on a biannual schedule. New styles of indoor furniture hit retail floors every spring and fall, so if you’re looking to get a deal, you’ll want to start shopping in the months immediately before the new styles reach stores.
That means you’ll want to shop toward the end of winter (January and February) or the end of summer (August and September). Retailers will be discounting their old stock during these months to make room for the new styles. Presidents Day and Labor Day weekends are especially good times for sales.
Custom furniture: Varies
Those times apply just for pre-made furniture, though. Jerry Epperson, who heads up furniture industry research for investment banking firm Mann, Armistead & Epperson, makes sure to distinguish between pre-made and custom furniture.
“It’s not that much more expensive to get something made just for you,” he says. But since custom furniture is made on-demand, you won’t find the kind of discounts retailers apply when they need to move their older pre-made stock. So if you’re interested in custom furniture, there’s no need to wait for sales.
Outdoor furniture: Summer
As for outdoor furniture, you’ll generally see the best sales between the Fourth of July and Labor Day.
As for outdoor furniture, you’ll generally see the best salesbetween the Fourth of July and Labor Day. New outdoor furniture usually hits retail floors between the middle of March and the middle of April, and stores are looking to clear out their stock by August.
KNOW WHEN TO SAVE (AND SPEND)
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General furniture-buying tips
Furniture is a big purchase, so if you can’t find that perfect sofa at the perfect price, be patient. “There’s always a sale in the furniture industry,” says Marc Verbena of Modani Furniture in San Francisco. If what you’re looking for isn’t on sale now, it might be in a few months.
Verbena advises that you take your time and look at multiple stores. This will not only help you find the best deals and prices, but also enable you to assemble a distinct aesthetic that’s unique to your home.