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5 Things to Buy in October to Save Big

Now that the kids are back in school and October is in full swing, you may have the itch to shop for fall clothing or other seasonal goods. Not so fast! Black Friday is just over a month away, so you may want to hold off on buying items like electronics or cold-weather apparel. On the other hand, there are a few product categories that may be offering good deals this month. Here’s a look at five of them.

1. Halloween costumes

The deepest discounts on Halloween costumes actually happen after October 31, but you may be able to save 30 to 85 percent off retail by shopping for costumes the week before, according to DealNews spokesperson Mark LoCastro. “We saw a couple of retailers that offered some great deals last year like Carter’s, Target, and BuyCostumes,” he says. Shopping the week before, your best bet may be to shop in store or look for online retailers offering free expedited shipping to ensure that your costume arrives in time for trick or treating.

2. Cars

Since car manufacturers release new models in September and dealerships need to make room for new inventory, you might snag an auto deal on a 2013 model this month. LoCastro says dealerships often slash prices on last year’s model by 10 or 20 percent during October.

3. Travel

Fall is “shoulder season” in many destinations, when the travel industry slashes prices due to lower demand. Unlike off-season, though, shoulder season means you’ll typically find temperate weather and many of the same attractions open, just with shorter lines and smaller crowds. “If you’re booking a trip to a summer-heavy destination like Montauk or the Hamptons, book in October and travel in October,” LoCastro says. Also consider taking a fall cruise for the same reasons.

4. School and office supplies

Forgot to buy highlighters or pens? You may not see prices this low until next back-to-school season, now’s the time to stock up at a steep discount as retailers put school supplies on clearance.

5. Summer lawn and outdoor goods

With summer in the rear view window, retailers in the cool climates may be looking to clear out existing inventory on items like camping gear, grills, warm-weather clothing, air conditioners, or gardening supplies (those in warmer climates may see demand continue into the winter months). Of course, you may have a hard time finding these items in stores. “If you can find it, it’s going to be on the clearance rack,” LoCastro says. If you’re in the market for these items, try searching for online retailers offering summer products on clearance.

Planning ahead and pinpointing the right time to buy can help you save more money and keep it in your wallet –where it belongs. For more on what to buy (and not buy) during October, check out DealNews for more.

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