Best Time to Buy an Engagement Ring

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Marry me in sand: Best Time to Buy Engagement RingAre you ready to propose to that special someone? Congrats! This is the start of an exciting journey for you and your sweetie and we want to help you save as much money as possible. Engagement rings are not cheap! But before you pop out your wallet and pop the question, find out the best time of year to buy an engagement ring, so you can save thousands and maybe put the savings towards a fun honeymoon.

When is “Engagement Season”?

First of all, what is engagement season? Engagement season is the time where everyone and their dog is getting engaged. Ok, maybe not that many people but it’s estimated that about a third of couples get engaged during engagement season. (If you know at least one person who got engaged during this past engagement season, share your story below.)

Engagement season is a peak time from Thanksgiving to Valentine’s Day where many proposals take place, therefore, the demand for engagement rings is higher during this time and jewelers take advantage by raising prices. Maybe it’s because of the holidays or the time spent with family, or maybe it’s just the perfect time for a proposal, anyway, this is the time of year when engagement rings are flying out of the display cases.

You may be thinking, “Wait; but jewelers always have those sales during the holidays so aren’t the rings less expensive?” Sorry, but this isn’t true 🙁 . Although jewelers do have sales during engagement season, this is only because they’ve hiked the prices up even more and then have a “sale” to make it seem like you’re getting a good deal.

When is the Best Time to Buy an Engagement Ring?

The best time to purchase an engagement ring is between June and August since this is typically known as wedding season. (Yes, we know engagement season and wedding season aren’t among the four seasons you typically think of but hang in there, we’ll explain!) Many couples get married during the summer months known as wedding season. Summer is typically slow (in regards to selling engagement rings) for jewelers and online engagement ring sellers, therefore the engagement ring prices are typically more flexible since they are trying to push inventory out the door. Also, prices for engagement rings are much lower during wedding season and often times jewelers have sales.

Need More Explanation?

Check out this video from Raymond Lee Jewelers for tips on when you should buy an engagement ring.

Best Place to Buy An Engagement Ring

Want to know where to buy the best engagement ring? Check out our article comparing different online and brick and mortar jewelers. Have you considered buying an engagement ring online? Most people don’t consider this an option but it may be one that can save you thousands. And, why not, you buy everything else online! 😉

When are you planning on popping the question?

About The Author:

Kimberly received her Bachelor of Arts in multimedia journalism from Simpson College. She is one of Exploring Life's Mysteries most experienced researchers. When reviewing products and services her natural curiosity helps her dig deep and unearth the truth behind the marketing. Her work has appeared in many notable brands, including The New York Times' Wirecutter, Reader's Digest, Forbes, People, Woman's World, and Huffington Post.

Kimberly grew up camping at the nearby lake with her family when she was a young girl. It wasn't until she met her husband that she rediscovered her love for the outdoors and began taking regular vacations to the national parks. Some of Kimberly's favorite memories include camping in a tent, hiking beautiful terrains, sitting around a campfire eating s'mores and sipping on a cold craft beer.

After three years of dating and exploring different regions of the U.S., Kimberly's husband proposed to her with the help of Exploring Life's Mysteries' online engagement content that she had researched and written. Not only was he able to design her ring himself, he was able to do so at great cost savings.

Kimberly likes starting her days with a warm cup of Nespresso, and she enjoys going for walks with her family and hound mix, Sally. In the evenings, she likes indulging in a glass of red wine and some dark chocolate while cozying up by the fire pit in her backyard.

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Gary33
February 26, 2016 12:39 pm

Weddings and engagement seasons? haha! I guess it makes sense that engagement rings cost less when less people are getting engaged, and here I was thinking that anytime was a good time to buy a ring. Will keep this in mind and think about holding off to buy my honey her ring so I can save some cash money.

Tomboy
June 6, 2017 5:18 pm
Reply to  Gary33

Actually makes perfect sense. Simple supply and demand