Smart SpendingSmart Spending

Why you should buy a winter coat right now

It's the dog days of summer and you're running around in flip-flops and t-shirts -- the perfect time to prepare for cold weather.

By Credit.com Aug 11, 2014 11:55AM
This post comes from AJ Smith at partner site Credit.com.

Credit.com on MSN MoneyScoring deals and saving money can be some of the best parts about shopping. Summer is a great time to shop, because retailers know that consumers are using their money for vacations, retreats and weekend activities. Combine that with tons of end-of-season leftovers, and it can really be the perfect time to hit the stores.


Couple with home © Photos.com/JupiterimagesIt doesn’t matter if you are shopping at thrift shops, websites with super deals and free shipping, or just taking advantage of the seasonal sales. If you are looking for deals, you will definitely find them -- you just have to know what to shop for. Don’t let the heat keep you from stocking up on winter goods.


Buying used

If you are shopping for kids, remember some things are OK (and even best) bought used. A winter coat can be one of those things. Since kids can grow quickly, a coat may last only one season. This means a used coat can be almost like new. It also means you might be buying a new coat again next year so you likely don’t want to spend too much. Knowing kids grow so quickly can make buying a winter coat now a little trickier. It’s a good idea to err on the side of caution -- going too big rather than too small.


Sift through sales

At this point in the year, most people are still thinking about summer or perhaps beginning to consider fall purchases. But you can catch a good deal by finding last year’s coats on deep discounts.


While light jackets may be appearing on mannequins at the highest retail value, the heavyweight fleeces, puffers and parkas from last year ares still available -- and at a much lower price point. Since many people won’t buy winter items while it is so hot, sales are ranging from 20 percent to 60 percent off. This may require some digging and not every coat will be available in every size, but if you can find a coat at a deep discount, you could be set for winter.


If you’re worried that you won’t find the stylish, fresh looks for this year, stick to the classics or research what is trending. Most designers have already debuted their upcoming winter collections at fashion shows so the word is already out on what will be trendy. Thinking ahead means you can save big and look great. Just remember, as the temperature drops, jacket prices will climb.


Other good times

The next time you can find deals this great on winter outerwear will likely be Black Friday or right after Christmas, but you'll probably already need to have that winter coat by then. While you’re out, consider stocking up on swimwear, patio furniture and grills because this end-of-summer sale means getting bargains up to 80 percent off. Check out what other hot deals come up in August and continue to be a smart shopper so you get the goods you need and want without overspending. 


More from Credit.com


26Comments
Aug 11, 2014 3:52PM
avatar
Gotta love it. First, they urge you not to buy a bunch of toilet paper, paper towels, etc. because of storage issues. Now they urge you to buy a bunch of patio furniture, swimwear, etc. that you will have to store for a year. At least you are using up the paper towels and toilet paper and not keeping it for a year.
Aug 11, 2014 3:53PM
avatar
It's a little too early to be buying a winter coat right now.  Here in Florida you can't find any winter coats in the stores this time of year!  Maybe by September or October stores will start getting them in.
Aug 11, 2014 9:47PM
avatar
i have about 8 coats and they all fit and still look new, have had them about 10 years so f msn
Aug 11, 2014 5:14PM
avatar
Already got a coat, besides it's to early for most store to have them out yet....
Aug 11, 2014 5:08PM
avatar
I wish these so called editors would do some real research. Retail stores and even thrift stores do not put winter inventory out until at least October. Jeez.
Aug 11, 2014 4:20PM
avatar
You bedda buy that coat now, the polar vortex is coming very soon to a town near you!
Aug 12, 2014 12:02PM
avatar
All of my winter gear was issued by the military. I'll gave it back in three years when I retire. No need for any winter coat in the VI.  
Aug 12, 2014 11:40AM
avatar
Here in Minnesota, every closet in every home in the state is stuffed to the brim with every shade, shape make of winter coats, scarfs, hats, caps, wool socks, boots, gloves, mittens, hand warmers and ski masks.  Bring it on!!! 
Aug 13, 2014 5:43PM
avatar
Why buy a winter coat? Just move to the tropical climes  and leave your coat, your snow shovel and worries behind.  Margaritaville - here I come!
Aug 17, 2014 11:55AM
avatar
I buy my coat in the spring and summer clothes in fall at 80% off.......  
Aug 17, 2014 3:16PM
avatar

WAIT!  WHAT?

Buy a winter coat?  But last week msn told me that with gore-bull climate warming change going on, The middle of the country would be beach front and tropical by now.

and suddenly they think we need winter coats?

Well, since nobody (sane) believes in man made gore-bull climate warming change anymore, are we back to the coming ice age thing again?

avatar
Around here you need to buy them when you can as come november the stores have the packed away already.
Aug 12, 2014 12:06PM
avatar
but I already have an insanely warm carharrt jacket.
Aug 11, 2014 4:47PM
avatar
If one coat is good, two coats are .....?
Aug 12, 2014 9:57AM
avatar
No winter coats for me this winter, since 'Peach Frog' in Williamsburg Brooklyn has been closed.
Aug 12, 2014 11:59AM
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

ABOUT SMART SPENDING

Smart Spending brings you the best money-saving tips from MSN Money and the rest of the Web. Join the conversation on Facebook and follow us on Twitter.

VIDEO ON MSN MONEY

TOOLS

More