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You might have noticed that there are better times to buy than others, if you put this on a graph you would definitely find a trend.
The Best Time to Buy: Airline Tickets
I’ve always found the cheapest fares on Tuesdays and Wednesdays. Other thing I’ve noticed is not to buy your ticket far away from the departure date. Purchased your ticket within 90 days of the departure date. As it gets closer to the departure date, airlines are going to have to lower ticket prices to make sure they fill their plane. However, don’t wait too long, as it gets too close to departure, the plane might either sell out, or prices will rise with only a few seats available.
The Best Time to Buy: Technology
Never buy technology when it first comes out, unless you have to have the latest and greatest. If you are set on the best you can get great deals by waiting. Computer technology hasn’t advanced so fast in the last few years. You can pickup an older model computer for at least half the price of the newer computers. Personally, I’ve always found the best deals during the holiday season.
The Best Time to Buy: Cars
September is the best time to get a new car. New car models start appearing in the fall making it a great time to get an older model for a better price.
Supply vs Demand
The best time to buy anything is when demand for that item is low, yet there is a large supply of it. No company wants to get stuck with a product.
February 8th, 2008 at 11:11 am
It seems like Apple’s business model relies heavily on the people that ignore tip #2
July 1st, 2008 at 3:23 am
Great information would have to maybe reverse some of those to maybe fit into our seasons here in South Africa but those will come in very handy.