Being patient and waiting for deals goes a long way when it comes to computer parts. Instead of buying all of your parts at once, you can often save hundreds by piecing together parts over a few weeks. But it can be tricky to figure out when is the right time to buy on your own. Prices for components can fluctuate depending on supply, demand, and other more nebulous factors that can be difficult to track.
While it is impossible to tell you when the best time to buy is based on your individual situation, there are some tricks and tips that can help you secure a deal. This guide will go over some of the best times for buying PC hardware as well as lay out some strategies for getting discounts year-round.
There are a few days each year when computer parts can be had at sizable discounts. If you’re able to sit tight and quell your eagerness, you can secure some pretty good deals. There are always deals floating around before major holidays and celebrations. You can find multiple companies slashing prices right when the Christmas season starts to roll around. But you may have to go in person and rub elbows to get your hands on the best deals during the holidays.
If you’d rather sit back and get your deals online then there are three major dates to keep an eye out for. Black Friday, Cyber Monday, and Amazon Prime Day are huge events when it comes to stellar discounts on PC hardware. Often, retailers will have Cyber Monday and Black Friday deals that run for multiple weeks leading up to and after the day itself. Those few weeks are some of the best times of the year to get your hands on discounted hardware.
The deals on these days are often random, so it can be hard to get exact components if you have something particular in mind. These days are best suited for opportunistic shopping where you have a flexible idea for your build. If those days don’t work out or are too far on the horizon, it’s good to check major retailer’s sites right before any big holiday. Companies are always looking for an excuse to drum up sales and give out deals to savvy consumers.
Daily Deals & Discounts
If you don’t want to wait around for the holiday season, you can check retailers for daily discounts and deals. Newegg almost always has some sort of bundle deal, rebate, or discount on popular components. Checking their site a couple of times a day can be fruitful as long as you don’t mind the wait.
Sites like Best Buy and Microcenter often have daily deals as well that can vary from location to location. It’s a bit of work, but you can often get your hands on great deals that you may not find online. Regardless of the format, getting a daily deal that’s right for you requires patience and luck. Check big-name sites like Amazon, Best Buy, Newegg, and Microcenter for daily deals. You’re bound to find one that suits you if you bide your time.
Product Transitions & New Releases
You can expect sizable discounts on previous-generation components when a company releases a new piece of hardware that is an improvement over the previous generation. In with the new and out with the old! Or, well, in with the old for you if you’re trying to land a sweet discount. Take the 3000 series of GPUs for example. The RTX 2080, 2060, and even the 1660 are still capable cards. However, the new release of the 3000 series cards flooded the market with discounted cards from older generations.
Even official listings for those cards were discounted on certain sites. That transitionary period where a new product is coming down the pipeline can be a great opportunity for budget-conscious consumers. Most new CPUs and GPUs won’t produce huge improvements over similarly-priced previous generation hardware. You can get comparable performance to brand-new hardware with smart buying practices.
Helpful Buying Tools
Scouring multiple sites at once can be time-consuming and frustrating. Thankfully, sites like PCPartPicker make the process a little easier. PCPartPicker lists multiple prices for each component from the most popular retailers. There are also browser extensions like Honey that can notify you when a price decreases for a certain item.
If you’re trying to get something currently out of stock, bots like StockDrops are incredibly useful for securing hardware before it runs out. You will need to be patient, but you may get lucky if you have push notifications set up for new releases and restocks. These tools can help avoid rampant markups and scalping, which are all too frequent practices in the PC component space.
Additional Factors to Consider
Just as there are good times to buy, there are bad times to buy. Read up on news regarding PC components to get an idea of what people are buying and why. Cryptocurrency booms can hike prices up on GPUs to unseen levels. Chip shortages, trade restrictions, disasters, and low supplies can lead to poor buying markets. These events come and go. But it is best to wait it out and avoid panic buying when prices get extreme.
Getting the best deals on PC hardware takes time, patience, and some smart searching. Using a combination of the tactics listed above will put you on the right path for securing discounts. Leave a comment down below and let me know down below if you were able to find any good deals using any of the tactics listed here!