Most items will go down in price over time, but unfortunately this isn’t true for everything (and some items may go down in price but it’s difficult to predict when). While it’s true that some items are not worth their price, there are other expensive items that you just need to go ahead and buy if you really need them, because the price may not go down any time soon.
Instead of waiting for a steep discount, you may have to buy these items because you want them or they will improve your life. If you wait for a deal, you might be waiting for a long time. It’s also a good idea to go ahead and buy certain items if you do find them on sale and you know you will need them down the road, even if you don’t need them right away. Here are four items to consider.
1. Brand new cars
Yes, cars do go on sale. Every dealership will have a sale once in a while, and you might be able to strike a deal with a car salesperson, but in general, you’re not going to save a ton of money when you are in the market for a brand new car. If you like a particular model, it will certainly be cheaper in a few years, but that is only because it won’t be brand new anymore. Ideally, you have been saving money for a while and you can afford to buy a new-to-you car. You can maximize your deal by buying the car at certain times of the year.
According to The Huffington Post, consider purchasing at the end of the month, when new models are coming out, at the end of the day, or when a rebate is being offered. Be sure to avoid buying a car when it is in high demand, after credit inquiries, in the spring, or at the beginning of a new model year or before a model gets reviewed.