There are certain times during the year that are better suited for making purchases, especially when we are speaking of consumer electronics. By knowing the best time, you can get the best deal, or the latest model (although they might not come cheap), as one prefers.
Right Time and Model
The general rule that you need to keep in mind is that as the new models keep coming in year after year, the prices of the old models will keep dropping. So if you don't mind buying a TV that was released about 6 - 12 months ago, then you can get some pretty neat deals. Also, not a lot has changed in the way you watch TV, at least for the average user.
Of course, there have been many innovations like 3D television sets, but they still cater to a very small niche of people. Big players do not bring about huge changes in the medium segment televisions, so there isn't a lot you will miss out on when you go in for a sale, rather than pick up the latest TV set.
Holiday weekends are another great time to buy a TV. You have a lot of choices as far as this is concerned, as you can opt for purchasing the TV set on the Fourth of July, Labor Day, Columbus Day, and President's Day.
Many stores across the country offer very good deals on these weekends, but if you miss the window of opportunity, then you'll have to deal with very high prices due to the increased demand.
Christmas and New Year's Season
Christmas is usually the time when you see a mad shopping frenzy. The retailers and even the manufacturers cash in on this festive time by rolling out some real nice offers and discounts. So just around the end of the year (Christmas and New Year season) is the perfect time to pick up that TV that you've always wanted for your home.
Another great time to go shopping for your TV and electronic gadgets in general, is soon after the CES (Consumer Electronic Show), held each year in January, where most companies display the latest line of their products.
The day following Thanksgiving, which sets off the Christmas shopping season is called Black Friday. Companies often offer huge discounts on TVs to flag off their sales. If you look around, or even check online, you are bound to find some absolute steals.
Determining the best time depends on how well you can read the market, because the prices are always decided by the market forces of demand and supply. If the demand is greater, the prices will rise, and if the demand is lower, the prices will subsequently fall. If you can anticipate these changes, you will certainly find the best deals for yourself.
If you want an even bigger discount apart from the ones mentioned, simply walk into a garage sale in the neighborhood; you never know what you might find. For an absolute steal though, you might want to keep your eyes peeled for the 'Going Out of Business' Sale!