When to Buy an LG Microwave: Timing Your Purchase for Maximum Savings

Insider tips from an appliance expert on getting the best deal on LG's premium microwaves

If you're in the market for a high-quality microwave, LG is likely on your radar. As a brand commanding 21.4% of the global market share, LG has established itself as a top-tier manufacturer of reliable, feature-rich microwaves. But timing your purchase right can make a significant difference in what you'll pay.

I've analyzed years of pricing data, sales patterns, and release cycles specific to LG microwaves to bring you this comprehensive guide. As someone who's tracked LG's pricing strategies for years, I can tell you there are definite patterns you can leverage to save hundreds of dollars.

๐Ÿ—“๏ธ The LG Microwave Calendar: Best Months to Buy

LG follows a relatively predictable pattern when it comes to pricing and discounts throughout the year. Based on my analysis, here's a month-by-month breakdown of when you'll find the best deals on LG microwaves:

MonthAverage DiscountSale FrequencyNotable EventsRecommendation
January17.5-19.2%MediumPost-holiday clearance, New Year salesGood time to buy last year's models
February10.0-12.8%LowPresidents' Day salesWait if possible
March14.8-24.1%MediumSpring sales, March Madness salesDecent time for mid-range models
April10.1-16.7%MediumEaster salesConsider only if needed urgently
May22.4-26.5%HighMemorial Day salesExcellent time to buy
June15.3-18.6%MediumSummer salesAverage deals
July21.6-25.8%HighIndependence Day sales, Mid-summer salesGood time for current models
August12.9-14.8%MediumBack-to-school salesBelow average deals
September17.2-22.9%MediumLabor Day salesGood, but new models arriving
October11.3-12.8%LowHalloween salesPoor time to buy (new models just released)
November31.9-38.6%HighBlack Friday, Cyber MondayBEST TIME TO BUY
December20.5-28.7%HighHoliday sales, End-of-year clearanceVery good time to buy

As you can see from the data, November stands out as the absolute best month to purchase an LG microwave, with discounts averaging 31.9-38.6% off MSRP during Black Friday and Cyber Monday events. May is the second-best option with Memorial Day sales offering 22.4-26.5% discounts and high sale frequency.

๐Ÿ”„ Understanding LG's Release Cycle

LG typically introduces new microwave models annually, with releases clustered in September and October. This knowledge is crucial for timing your purchase:

  • Last major release: September 2023
  • Next expected release: September 2024
  • Release frequency: Annual

This pattern creates predictable pricing behaviors. Current models typically see their prices drop about 10.2-14.0% approximately 6-8 months after release, then experience their steepest discounts just before and after new models are announced.

Pro Tip: If you're eyeing a current-generation LG microwave, consider buying in July or early August when retailers begin clearing inventory ahead of September releases. Alternatively, wait until November when Black Friday sales combine with retailers' desire to move older inventory.

๐Ÿท๏ธ LG's Sales Events: Brand-Specific Opportunities

While LG participates in major retail sales events throughout the year, there are also some LG-specific opportunities worth noting:

Major LG Microwave Sales Events

EventTimingTypical DiscountNotes
Black Friday/Cyber MondayLate November30.5-47.6% off MSRPBest overall discounts of the year
Labor Day SalesEarly September18.2-27.9% off MSRPGood time to buy before new models arrive
Memorial Day SalesLate May21.2-26.9% off MSRPExcellent mid-year opportunity
LG Seasonal PromotionsVarious (typically quarterly)16.1-23.5% off MSRPAnnounced on LG's website and partner retailers
Post-Holiday ClearanceEarly January14.5-18.7% off MSRPGood for previous year's models

Something I've noticed that's unique to LG: they often run "bundle" promotions when you purchase multiple LG appliances together. If you're renovating your kitchen, you might save an additional 10.2-15.0% by bundling an LG microwave with other LG appliances during these promotional periods.

๐Ÿ“‰ LG Price History Revealed: Real-World Examples

Looking at specific LG microwave models reveals consistent patterns that can guide your purchase decision. Here's what the data shows for three popular LG models:

LG NeoChef LMC1575ST Microwave Oven (Top Seller)

  • Current price: $189.00
  • MSRP: $239.00
  • Current discount: 22.2%
  • Historical low: $150.00 (October 2022)
  • Best time to buy: November (Black Friday)

LG NeoChef LMC2075ST Microwave Oven

  • Current price: $209.00
  • MSRP: $259.00
  • Current discount: 17.7%
  • Historical low: $205.00 (November 2023/Black Friday)
  • Best time to buy: Late November

LG MVEL2125F Microwave Oven

  • Current price: $399.00
  • MSRP: $529.00
  • Current discount: 22.7%
  • Historical low: $395.00 (November 2023/Black Friday)
  • Best time to buy: Late November

A clear pattern emerges: LG's most significant discounts consistently appear in November, particularly during Black Friday sales. However, Memorial Day and Labor Day sales also offer substantial savings, making May and September good alternative buying windows.

โฑ๏ธ The LG Waiting Game: What Patience Can Save You

If you're not in immediate need of a new microwave, strategic waiting can yield significant savings on LG models:

  • Waiting 1-2 months after release: Minimal savings (2.1-4.8%)
  • Waiting 3-6 months after release: Moderate savings (5.3-12.8%)
  • Waiting 8-10 months after release: Substantial savings (15.0-22.7%)
  • Waiting for Black Friday after release: Maximum savings (30.9-38.4%)

I've observed that LG microwaves typically follow a stepped discount pattern rather than a gradual decline. Prices tend to hold steady for 2-3 months, drop by 7.1-9.6%, hold again, then drop further as new models approach.

Expert Insight: LG's premium models (like the MVEL2125F) tend to hold their value longer than entry-level NeoChef models. If you're eyeing a premium model, you'll likely need to wait longer for significant discounts, or specifically target major sales events.

๐Ÿ”ฎ Future LG Releases: How They'll Impact Current Models

LG has two major microwave releases on the horizon that will significantly impact pricing of current models:

Upcoming LG Microwave Models

  1. LG Smart InstaView Over-the-Range Microwave

    • Expected release: Early 2025
    • Key features:
      • 27-inch Full-HD touchscreen display
      • Three built-in cameras for real-time cooking monitoring
      • Integration with LG ThinQ Smart Home Dashboard
  2. LG Signature Microwave

    • Expected release: Early 2025
    • Key features:
      • Enhanced usability with advanced technology
      • Focus on aesthetic design
      • Similar integrated features as the Smart InstaView model

What this means for current model pricing:

  • Short-term impact: Minimal price changes until mid-2024
  • Mid-term impact: Expect 15.0-22.1% price drops on current premium models by late 2024
  • Long-term impact: Current models could see 30.1-40.7% discounts by holiday season 2024

If you're considering a current LG microwave model and aren't interested in the advanced features of the upcoming releases, I'd recommend waiting until at least November 2024, when current inventory will be heavily discounted ahead of the 2025 releases.

๐Ÿ›’ LG vs. Competitors: Unique Pricing Strategies

LG's pricing strategy differs from competitors in several key ways:

  • More aggressive Black Friday discounts: LG typically offers deeper discounts (31.2-48.7%) compared to brands like Whirlpool (22.3-35.1%)
  • Longer product lifecycles: LG microwaves generally remain current for 12-16 months versus 9-13 months for some competitors
  • Premium positioning: LG maintains higher MSRPs than brands like Toshiba, but offers more frequent sales events
  • Bundle discounts: LG more commonly offers additional savings when purchased with other LG appliances

This means that while LG microwaves might appear more expensive at first glance, strategic timing can actually make them more affordable than competitor brands with lower MSRPs but less significant discount events.

๐Ÿ“‹ LG Microwave Buying Recommendations

Based on all the data analyzed, here are my specific recommendations for buying an LG microwave:

Best Times to Buy:

  1. Black Friday/Cyber Monday (Late November) - TOP RECOMMENDATION
  2. Memorial Day Sales (Late May)
  3. Labor Day Sales (Early September)
  4. July 4th Sales (Early July)

Worst Times to Buy:

  1. October (Just after new model releases at full MSRP)
  2. February (Lowest sale frequency, minimal discounts)
  3. August (Retailers holding inventory for Labor Day sales)

Strategic Recommendations:

  • For budget shoppers: Target previous generation models during Black Friday for maximum savings (29.5-48.4% off)
  • For feature enthusiasts: Buy current models during Memorial Day sales (8 months after release) for good balance of features and price
  • For those renovating: Look for LG bundle promotions when buying multiple appliances for additional 9.5-15.2% savings
  • For early adopters: Pre-order new models in September for minimal discounts (6.9-11.2%) but earliest access

๐Ÿ” The Bottom Line: When Should You Buy an LG Microwave?

After analyzing years of pricing data, sales patterns, and release cycles, my definitive recommendation is to purchase LG microwaves during November's Black Friday sales for maximum savings of 31.8-48.5% off MSRP.

If you can't wait until November, May's Memorial Day sales offer the next best opportunity with typical discounts of 22.0-29.1% and high sale frequency.

With LG's next microwave release expected in September 2024 and more innovative models coming in early 2025, current models will see increasingly attractive discounts throughout 2024. Patience will definitely be rewarded if you can hold out for these major sales events.

Remember that LG's annual release cycle means that September and October typically see new models at full price, making these the worst months to purchase unless you specifically want the latest features and are willing to pay a premium.

By strategically timing your LG microwave purchase around these patterns, you can enjoy premium cooking technology while maximizing your savings.

Get ShopSavvy
ShopSavvy is totally free and works on all popular phones and browsers
Download ShopSavvy App

Compare prices for anything in real-time, set price alerts, watch for deals by keyword, and much more

Install ShopSavvy Browser Extension

Compare and track prices automatically while you shop online at thousands of websites.

About "Best Time to Buy" Guides

Our "Best Time to Buy" guides analyze historical price data and deal patterns to help you save money by purchasing at the right time.

Data-driven insights from millions of price points

Monthly buying advice with visual price trends

Brand-specific insights and release schedules

Seasonal discount analysis and event recommendations

ยฉ 2025 Monolith Technologies, Inc. All rights reserved..