When to Buy a Diamond Ring
Are you planning on buying an engagement ring, but you don’t know what the best moment is to buy it? We will help you have the best chance of getting a beautiful diamond ring for your budget.
When to Buy an Engagement Ring?
We will be honest, there is no one answer to this question. Although you can find some benefits from shopping during certain seasons and holiday marketing.
Do you also think that prices will be higher when there’s more demand, like during the holiday season? Luckily, when you want to buy an engagement ring, it is usually not the case. Jewelers are eager for shoppers, therefore they want to encourage buyers with discounts to choose for them.
Most of the time, sales of engagements rings will be found during these periods of the year:
- Before and after Valentine’s Day
- Before and after Christmas
- Black Friday
- Cyber Monday
In brick and mortar stores, the seasonal promotions are typically not applied to high-quality diamonds. These promotions are even a red flag: they indicate that the diamond is of significantly less quality or overpriced to begin with.
3 Tips for Buying an Engagement Ring
Throughout the year you will have many opportunities to buy your ring. If you have found the perfect moment, then there are here some tips to buy an engagement ring.
1) Buy it online!
We recommend buying a ring through a reputable online vendor. It’s still a lot cheaper than in a brick and mortar store.
2) Plan in advance
Start your search 2 to 3 months before your proposal. You will need all the extra time that you can get, believe us. Why? Because you will need to look for the right vendor, narrow down your options and have it personalized. Besides that, you will have the advantage of being able to negotiate prices.
If you have never bought an engagement, it can be quite stressful. Therefore, a plan will help you relax and take it slow.
3) Take time for your decision
If there is a sale, you might feel pressured to buy the right, immediately but don’t! Don’t let time drive your decisions. Think about this: it’s a once-in-a-lifetime purchase and your bride-to-be will have to wear it for a lifetime. Therefore, take all the time that you need to make the right decision. If you rush, you are also more likely to pay more than you should.
Set your budget
Before you can start the shopping, you need to define your budget.
There is a huge variety in prices when it comes to engagement rings. You can buy a unique engagement ring for $1,000 or less, or you can choose one with a large and truly stunning center diamond that’s £10,000, £20,000 or more.
The important thing to remember is that you should set your budget based on your financial situation and the desires and tastes of your fiancé-to-be.
If you set a budget beforehand, it will make your life and engagement ring shopping a lot easier. Why? Because it gives you a fixed limit on how much you can spend. In that way, you can narrow down your options much quicker. Otherwise, this could be quite time-consuming.