Shop Smart: Black Friday Appliance Sales in 2024, Featuring Maytag Black Friday

It’s that time of year! Black Friday is on its way, and with it come some mega sales.

This year, when it comes to major appliances, there are some important things to consider before you pounce on those discounts. Ask yourself the following questions before you make this huge investment.

Can I get my free electric stove from the government yet?

Remember the Inflation Reduction Act? It was the law that issued a whole bunch of money to states for their citizens to make green updates to their homes. One of the clickiest headlines was that the government would buy you an electric stove.

And in some instances, it will. Other home appliances that will be covered by IRA credits include:

Heat pumps.
Water heaters that use heat pumps.
Clothes dryers that use heat pumps.
It’s not just stoves — also covered are electric ranges, cooktops and ovens.

The credits are applied upfront, which means it reduces your price at checkout. Depending on the item, it can make your purchase 100% free. No waiting until tax time to get your money back. It’s money you don’t have to take out of your wallet in the first place.

But there are a few questions you’ll want to ask yourself first.

Is my state’s HOMES program live yet?

The oven and other appliance credits fall under the HOMES program as defined by the Inflation Reduction Act. In 2024, the first states started implementing these programs. But there’s not many of them that are live.

Some of them that are live are only initially covering a single item, like a heat pump. Most states that have live programs require you to make your purchase through or with the help of a state-approved contractor. So it’s not like you’ll be able to make your purchase online with Black Friday promo codes, though as more states open up their programs there is a potential for that option in the future.

The states that currently have the appliance program (or some abbreviated version of it) live are:

Do you live in South Dakota?

South Dakota has definitively decided not to participate in the Inflation Reduction Act rebates. So if that’s where you live, there’s no point in waiting to make your purchase. Go ahead and shop those Black Friday sales without hesitation.

Keep reading — we’re getting to the big deals in a minute!

What is your income level?

The appliance rebates only apply if you’re in the right income band.

If you make 80% or less of the median income in your area, these rebates could make your purchase completely free (depending on the initial sticker price.)

Look up your area median income (AMI) here.

If you make 150% or less of the median income in your area, the credit is good for up to 80% of the purchase price.

At least at the federal level. States are allowed to make the income thresholds lower, but they’re not allowed to make them higher.

What this means is that if you make 151% or more of the AMI, there’s no point in waiting for the appliance credits. You’re not going to qualify for them no matter where you live. Depending on your state, the tipping point may be even lower.

Is this a purchase that can wait until next year?

If your oven is broken, you need a new oven. In this economy, you can’t wait until 2025 to start cooking food in your own home again. Shop the Black Friday sales.

But if nothing’s broken and you can wait until next year to make the purchase, it might be worth holding off. We’re expecting a flood of states to open their IRA appliance programs next year.

See where your state is in the process here.

Plus, many of the states that already have their programs in operation will be expanding beyond the pilot phase, which will make the credits easier to access in 2025.

Maytag Black Friday Sales

Alright, so you’ve determined that one of these three scenarios applies to you:

You live in South Dakota.
You make 151% of the AMI or more.
Your appliance is broken broken, and needs to be replaced NOW.

Let’s take a look at some of Maytag’s Black Friday sales to save you some money!

Maytag Black Friday promo codes

There are two promo codes you’ll want to know. The first is BF5. That code will save you 5% off your order through 11:59p EST on November 20, 2024 if you’re buying with a new account. But there is some fine print:

Excludes ground shipped products and express delivery. Only valid for select models. Discount taken off regular or sale price excluding taxes, delivery, install/uninstall and haul-away. Only valid for new orders on maytag.com. Offer subject to change. Promo code sent to new account holder email. No cash value. While supplies last. One-time use only.

The other one is more lucrative if you’re buying multiple appliances. You can use promo code BMSM to save $100 if you’re buying 2 major appliances, or $200 if you’re buying 3+ appliances. Your total basket has to be at least $1,000 for the promo code to apply. And again, it’s good through November 20, 2024 at 11:59p EST. Some more fine print for you:

Excludes ground shipped products and express delivery. Only valid for select models. Discount taken off regular or sale price orders above $1000 excluding taxes, delivery, install/uninstall and haul-away. Only valid for new orders on maytag.com. While supplies last.

Should I wait until closer to Black Friday to purchase?

The 20th is over a week before the real Black Friday, and you can expect Maytag to run some more sales in the time between. With this particular sale, I wouldn’t place too much urgency on things. If you get your order in by the 20th, great. But if you want to wait, I’m not predicting that the actual Black Friday promo codes will be all that different.

Black Friday free shipping

Shipping on major appliances can be EXPENSIVE. That’s why it’s super cool that you can get free shipping on orders of $399+ through November 20, 2024 if you place your order by 11:59p EST. No promo code needed. Here’s the fine print on this offer:

Delivered to a single U.S. address. Availability of delivery, install & haul-away services vary by location see checkout for services available to you. Excludes ground shipped products and express delivery. Dollar threshold based on sale price of in-home delivery products excluding taxes, delivery, install/uninstall, and haul away. Only valid for new orders on maytag.com. Major appliances limited to washers, dryers, refrigerators, ranges, cooktops, wall ovens, microwaves, dishwashers, hoods, ice makers and compactors.

Maytag Black Friday Sales Prices

Then, there are the base sale prices — before any promo codes or other offers are applied. There are some good ones this year! But you will have to keep in mind that these are starting prices. While you’ll see reductions all over Maytag’s site, even with the reduction some items are going to cost a little more.

Here’s what you can expect for starting prices across categories through November 20, 2024 at 11:59p Eastern. I’m putting an asterisk next to the items I’d prioritize now — the rest you might want to wait until the next round of Black Friday sales comes out to potentially save even more depending on the model you’re purchasing:

Dishwashers as low as $499
Washers as low as $549*
Dryers as low as $549*
Ranges as low as $679*
Cooktops as low as $799*
Wall Ovens as low as $1,599
Refrigerators as low as $719*

Are there other ways to save money?

There sure are! Let’s take a look at two options.

Existing state rebates

Whether or not your state has their IRA rebate program up and running yet, it may have other, pre-existing rebate programs that could help you get some of your money back after you shop the Black Friday sales.

For example, in California you can get anywhere from $250 to $1,000 back when you purchase an electric range or induction oven. The amount depends on which type of oven you’re switching from and where you’re located in the state.

Let’s say you’re in the City of Healdsburg and you’ve got a gas stove. You replace it with a $679 electric range on sale from Maytag. Plus, you purchase with a new account and use the promo code BF5 to get 5% off, bringing the price down to $645.05.

Then, after your purchase, you apply for your rebate with the city. In this case, the rebate is $500. That brings the total price of your oven down to $145.05.

Not bad!

You will want to check with your state or city’s program to ensure the model you’re buying qualifies. But these programs can save you a lot of money if your state’s IRA rebate program isn’t up and running yet — or if you don’t qualify for your state’s IRA rebate program.

Energy Efficient Home Improvement Credit

For select items, you can claim the Energy Efficient Home Improvement Credit on your taxes when you file in the Spring. If you can get the IRA credit, that’s better. The credit amount is larger and it’s applied at checkout.

But if you need to make your purchase now and your state’s IRA program isn’t up and running yet, the Energy Efficient Home Improvement Credit can still help with some purchases. It can help the most with:

Heat pumps. Must meet specific CEE standards.
Heat pump water heaters. Must meet specific CEE standards.
Biomass stoves or hot water boilers. Thermal efficiency rating of at least 75%.

If you purchase one of these items, you’ll be able to claim a credit worth either 30% of the project price or $2,000 — whichever is less — on your federal tax return.

It’s important to note that this credit doesn’t put money back in your pocket. It can only reduce your tax burden down to $0. But if you’re making the purchase anyways, you might as well claim it!