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The best power tools deals usually occur in the time of summer and spring, with Father's Day and post-Father's Day discounts, along with summer renovation sales. It's essential to keep a close watch on prices both on the internet and in-store at a variety of stores such as Home Depot and Lowe's.

Value-focused combo kits from pro cordless manufacturers typically provide the most competitive prices. Look for these at the home improvement stores and on Amazon as well.

Home Depot

Home Depot has great DeWalt, Milwaukee, and RYOBI offers from Milwaukee, DeWalt, and RYOBI. DeWalt 20V Max Lithium Ion Battery and Charger kit, for instance is just $199. That's a $219 drop. In addition, you will receive your choice of DeWalt tool for no cost. You can pick your free tool after clicking "shop power tools This Offer", and selecting the kit.

HD sells its tools in packages or as individual tools. They may be part of a run with lower quality or specifically designed for HD but they are still excellent tools that are warrantied with the manufacturer.

Home Depot has the tools you require to complete any project, whether that's building furniture, constructing a shelf, or changing a lighting fixture.

Lowe's

Lowe's the second largest retailer of home improvement in the United States has many stores that cater to DIYers. They offer fantastic deals on the tools and equipment needed to complete your home improvement projects. Smart shoppers can take advantage of promotions that are advertised, bulk discounts as well as credit card discounts. MyLowe's special offers and rewards to save on everything from paint to power tools.

The chain offers a wide selection of storage solutions to help you declutter and keep your belongings organized. Lowe's provides the most affordable flooring prices, with options to suit every budget. Lowe's Kitchen and Bath Sales offer amazing savings on new cabinets and counters. You can also find the best deal on lawn and power tools as well as lawn equipment during the Labor Day Sale in September or the Spring Black Friday Event in April.

All through the season, Lowe's has plenty of occasions to save on appliances and other essentials, with special deals on lighting fixtures as well as custom window shades, paint and bathroom vanities. The store has a wide assortment of outdoor power and garden equipment such as lawn mowers, leaf blowers and snowblowers. You can also find low-cost lawn care products such as equipment and tools, and furniture to fit every room in your home.

Lowe's will match any price that is lower for the same item at a competitor in your area or online. You can request a price match by contacting the customer service or visiting your local store and presenting the website page or advertisement you've found. Lowe's will only offer price matching in-store for items that are sold and shipped directly by Lowe's. This does not apply to items purchased from third parties via websites such as Amazon.

Lowe's provides a 90-day guarantee on most items bought in stores or online. You can return the item by providing an evidence of purchase like a receipt, credit card slip, or MyLowe’s account barcode. Certain exceptions are permitted to flammable and dangerous goods.

Lowe's offers a Pro Rewards program for trade professionals with special discounts, free shipping and dedicated parking and loading spaces for professionals. The program provides tool rentals, special financing solutions and personalized offers and services. You can also sign-up for protection plans that include the most important appliances, powertools and grills. These plans go above the manufacturer's warranties and offer reimbursement or a replacement if anything happens to your equipment.

Amazon

In its annual Prime Day shopping event, Amazon offers some of the best tool deals of the year. A lot of the deals aren't offered elsewhere, and are often offered for a limited period of time. DeWalt and Makita, among other top brands, provide excellent discounts on power tools. The majority of the discounts are on cordless tools such as drills and Jigsaws. However, you can also save on hand tools such as hammers, wrenches and screwdrivers.

For example, you can save 29 percent off a DeWalt cordless sander. It has an excellent customer rating and comes with a number of accessories. The battery has a good life span and the tool is lightweight and compact. You can use it to scratch paint off furniture, sand furniture or to remove grout. It's a great addition any home workshop.

You can also save on DeWalt 20V MAX batteries, with a long track record of being durable and light. This two-pack of batteries will keep your tool running for hours and comes with an LED fuel gauge to show you how much power you have left.

Another great Amazon deal is on a DeWalt multi-tool that is cordless, and can cut, slice polish, sand, and trim with the right attachments. It's quiet, powerful and efficient, and can easily replace your regular power tools with cords. This model is a cult, and Prime Day offers 56% off.

If you don't wish to wait for the Prime Day sale, you will find a wide selection of fantastic deals on tools at other retailers as well as in-store stores such as Lowe's and Acme Tools. These stores are likely to match the prices of Amazon's Prime Day sales, so you can save money by comparison shopping.

Compare the quality of the product against the cost when looking for a deal. Avoid buying tools from nonauthorized sellers or auction sites like Ebay. Instead, look for an assurance that is solid. This will protect against refurbished or counterfeit tools and ensure that the warranty is valid. Use FakeSpot and ReviewMeta tools to verify whether the seller is licensed.

Other Retailers

Power tool bargains are not only available at the top home improvement stores. Big-box stores like Lowe's and Home Depot also sell power tools online. And online tools store retailers such as Amazon provide a selection of brand-name and generic-branded power tools at competitive prices.

Generally speaking, the most lucrative deals on power tools are found in major holiday sales. These include Black Friday in November, Father's Day in June and Labor Day in September. However, sales are often seen in the spring and summer months as well, especially if retailers are looking to reduce their inventory.

In addition to traditional power tools prices tools sales, certain retailers like Home Depot and Lowe's offer package deal discounts for pro cordless tool brands. For example, a Dewalt 18V or 20V MAX combination kit can be purchased for less than $500. This includes essential tools for the workshop, like a drill, an impact driver, as well as circular saw, a multi-tool and reciprocating saw. This combination could save you 30 percent or more compared to buying each tool separately.

The same can be said for bundled tool kits that feature multiple tools of the same brand such as Milwaukee and Bosch. A nine-piece set comprising an impact driver and drill as well as a hammer, oscillating tool, circular two batteries that are high capacity and a quick charger and a hammer drill could be purchased for around $800. This is usually half the cost of buying the tools on their own.

It is difficult to predict when and where the tools will be available for sale, but it's worth checking the prices of home improvement stores as well as online retailers such as Amazon, eBay Walmart and Woot. A comparison website like Google Shopping can also help customers track prices and keep tabs on the most competitive products.

Returns of power tools are another great way to get a deal. Although this isn't an option for all tools, many top-quality ones like Dewalt Drills are reconditioned to sell at less than half the price.