PriceSpy reveals best and worst times to buy popular items
Save over £600 this year by following this buying advice
Some purchases are a luxury, whilst others are a necessity. Whatever the motivation for buying, PriceSpy, the fully impartial price and product comparison service, wants to guide people to buying the right product at the right time.
To help people to plan their 2023 spending, PriceSpy has researched the best and worst times to buy certain items*...
What to buy this month |
Saving** |
What not to buy this month |
Extra cost** |
|
JANUARY |
-£83 (-8%) |
+£65 (+15%) |
||
FEBRUARY |
-£97 (-56%) |
+£38 (+8%) |
||
MARCH |
-£9 (-18%) |
+£18 (+13%) |
||
APRIL |
-£7 (-10%) |
+£49 (+20%) |
||
MAY |
-£21 (-16%) |
+£151 (+49%) |
||
JUNE |
-£98 (-20%) |
+£13 (+18%) |
||
JULY |
-£30 (-11%) |
+£28 (+10%) |
||
AUGUST |
-£127 (-44%) |
+£75 (+14%) |
||
SEPTEMBER |
-£2 (-14%) |
+£61 (+22%) |
||
OCTOBER |
-£52 (-12%) |
+£27 (+8%) |
||
NOVEMBER |
-£8.77 (-1%) |
+£148 (+26%) |
||
DECEMBER |
-£98 (-9%) |
+£13 (+13%) |
Liisa Matinvesi-Bassett, UK country manager at PriceSpy, comments: “Whilst people’s reasons for shopping will differ, one thing will surely be the same - no-one wants to pay over the odds for a product if they can help it. Knowledge is power and knowing the best time to buy certain items means that people can make their money go further.”
Unsurprisingly, PriceSpy’s data demonstrates that buying products slightly out of season can deliver big savings. For example, putting off the purchase of that new garden furniture set until October can save you 12%.
At the same time, PriceSpy’s data demonstrates the premium you’ll pay by buying products when they’re most in demand. For example, buying a BBQ in the middle of summer will cost you an extra 14% and buying skis at the beginning of the ski season in November will set you back an extra 26%.
Liisa concludes: “Setting up price alerts on products that you’re after is a good way of ensuring that you buy at the right time and right price for you. Using a service like PriceSpy, you can receive notifications when products drop in price.”
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Notes to editors
*Data based on average weighted price on PriceSpy between 1st January 2022 - 31st December 2022
**Compared to average weighted price on PriceSpy between 1st January 2022 - 31st December 2022
PriceSpy is a comprehensive price and product comparison service used by millions of consumers every month. It helps consumers find, discover, research and compare products. Since the business first started in 2002, its main objective has been to help consumers make better purchasing decisions. PriceSpy does this by collecting and sharing honest, transparent information about retail shops, products and prices. PriceSpy has well over 700 000 indexed products, sold by more than six thousand shops. PriceSpy is part of Schibsted and is located in Sweden, Norway, Denmark, Finland, New Zealand, France and the United Kingdom. The PriceSpy app is available to download for free, via the App Store and Google Play.