Wednesday, September 13, 2006

The Best Time to Buy Everything

Lifehacker pointed me to this nifty article - The Best Time to Buy Everything.

Whether it's a new car, show tickets or appliances, there's a best time to buy stuff. And this article explains when that is.

For example...

Airplane Tickets
When to buy: On a Wednesday, 21 days (or a couple of days earlier) before your flight.

Why: Airlines make major pricing changes (and run fare sales) every week, typically on Tuesday evenings and Wednesday mornings. About 21 days out from your flight, you'll see plenty of deals out there as airlines scramble to fill seats, says Anne Banas, executive editor of SmarterTravel.com, a consumer travel advice Web site. Don't wait much longer, she cautions; prices jump significantly from 14 to seven days ahead of departure.

Who knew?

Of courses, for airlines you probably want to use Farecast, which claims to do fancy schmancy statistical modeling to decide when you should buy a ticket.

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