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The best power tools deals usually occur in spring and summer, with Father's Day and post-Father's Day discounts, along with summer renovation sales. Be aware of prices at various retailers like Lowe's and Home Depot.

Kits that are priced competitively from top cordless brands usually offer the most competitive prices. Look for these at home improvement stores and at Amazon too.

Home Depot

Home Depot has great DeWalt, Milwaukee, and RYOBI deals on RYOBI, Milwaukee, and DeWalt. For example this DeWalt 20V Max Lithium-Ion Battery and Charger Kit costs $199, a drop of $219. Plus, you get your choice of DeWalt tool for free. (Choose your free tool on the page for the product after you click "Shop This Offer" and select the kit.)

HD sells its tools in special packages or as single tools. Sometimes, they are part of a run with less quality or not designed specifically for HD however they are nevertheless high-quality tools and are warranted with the manufacturer.

Home Depot has the tools you need to complete any task, whether it's building furniture, installing shelves, or replacing the lighting fixture.

Lowe's

Lowe's, the second largest retailer of home improvement in the United States has many stores which cater to DIYers. They offer great discounts on the tools and materials required to complete your home improvement projects. Shoppers can save money on everything from paint and power tools to large discounts, credit card discounts, and MyLowe's promotions and rewards.

The chain offers a wide selection of storage solutions to help you get rid of clutter and keep your possessions organized. Lowe's has the best prices on tools flooring prices with options for all budgets. You can save on new countertops and cabinets by taking advantage of Lowe's kitchen and bath sales, and get the most bang for your buck on lawn equipment and power tools during the Spring Black Friday event in April or Labor Day sale in September.

Throughout the all year long, Lowe's has plenty of occasions to save on appliances and other necessities, including special discounts on lighting fixtures as well as custom window shades paint, bathroom vanities, and more. The store stocks a vast variety of outdoor power and garden equipment such as mowers, leaf blowers, and snowblowers. You can also find discounted lawn care products such as equipment and tools, and furniture to fit every room in your home.

If you find a cheaper price for the same item from a local or online competitor, Lowe's will match it. You can request price match by contacting customer service or going to your local store with the web page, ad or photo you've found. Lowe's will only offer price matching in-store only for items sold and shipped directly by Lowe's. This does not include products purchased from third-party sellers via websites such as Amazon.

Lowe's has a 90-day return policy for all products purchased in the store or online. You can return your purchase with a receipt or proof of purchase including the order number, a credit card slip, or a MyLowe's account barcode. Certain exceptions apply, such as flammable or hazardous items.

Lowe's offers Pro Rewards, a program for trade professionals with exclusive discounts, free shipping, and dedicated Pro parking and loading spaces. The program also offers rental of tools and financing solutions that are special, as well as customized offers and services. You can also sign up for protection plans for major appliances including power tools, grills and power tools that cover you beyond the manufacturer's warranty, and offer the replacement or reimbursement if something goes wrong.

Amazon

Amazon offers some the best deals on tools during its annual Prime Day event. These discounts are not available elsewhere and are often only available for a short time. DeWalt and Makita along with other top brands, offer fantastic discounts on power tools. The majority of the discounts are on cordless tools, including drills and jigsaws. You can also save money on hand tools such as hammers and wrenches.

For instance, you can save 29 percent off a DeWalt cordless sander, which has a high customer satisfaction rating and comes with a number of accessories. The battery has a good life span and the tool is lightweight and compact. It can be used to sand wood, scrape paint off or to remove grout. It's a great addition to any home-based shop.

DeWalt 20V Max batteries are also available at a discount. They have a track record of success as being durable and lightweight. This two-pack of batteries will keep your tool running for hours and features an LED fuel gauge to let you know how much power remains.

Amazon offers a fantastic bargain on the DeWalt multi-tool that can be used to sand, polish or trim and shave with the right attachments. It's quiet, powerful and efficient, and it can easily replace your standard corded power tools. This model is a popular choice, and it's 56% off during Prime Day.

There are great bargains on tools at other online retailers and also in-store stores such Lowe's or Acme Tools. Comparing prices between these stores and Amazon's Prime Day sale will save you money.

When looking for deals make sure you compare the quality of the product with the cost. Make sure you have a valid warranty and avoid buying power tools online tools from sellers that are not authorized by the government or auction sites such as Ebay. This will protect you from refurbished or counterfeit tools and ensure that your warranty is valid. Make use of FakeSpot and ReviewMeta tools to verify whether the seller is authorized.

Other Retailers

While the top home improvement retailers are the top in terms of outlet sales and dollar share but they aren't the only ones to look for good power tool deals. Power tools are also offered by big-box retailers like Lowe's or Home Depot. And online retailers such as Amazon offer a mix of brand-name and generic-branded power tools for sale at affordable prices.

Generally speaking, the most lucrative deals on power tools can be found during major sales events for the holidays. Black Friday is in November, Father's Day is in June and Labor Day is in September. However, sales are often seen in the spring and summer months as well, particularly when retailers are working to reduce inventory.

In addition to the traditional power tools sales, some retailers like Home Depot and Lowe's offer package deal discounts for pro cordless tool brands. Dewalt's 18V and 20V Max combination kit, for instance is available for less than $500. It comes with workshop essentials like a drill and impact driver, circular saw and reciprocating saw, as well as a multitool. This combination could save you as much as 30% compared to purchasing each tool separately.

The same can be said for kits that feature multiple tools from the same manufacturer such as Milwaukee and Bosch. A nine-piece set that includes a drill and impact driver and hammer, an oscillating tool, circular two batteries that are high capacity, a quick charger, and a hammer drill can be bought for about $800. This is typically half the price of purchasing the tools individually.

It's hard to predict when and where the tools will be available for sale, but it's worthwhile to check the prices of home improvement stores as and online retailers like Amazon, eBay Walmart and Woot. A comparison site like Google Shopping can also help shoppers keep track of prices and keep track of the most competitive options.

Another great way to get deals on power tools is to purchase refurbished tools that have been returned. Although this isn't the case for all tools, a lot of high-end ones, like Dewalt Drills can be refurbished to sell for less than half their cost.