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The best power tools deals typically occur during the time of summer and spring, with Father's Day and post-Father's Day discounts, along with summer renovation sales. It's important to keep a close eye on prices on the internet and in stores at a variety of retailers, including Home Depot and Lowe's.

Value-oriented combo kits from professional cordless manufacturers typically provide the most competitive prices. They are sold at home improvement stores as well as on Amazon.

Home Depot

Home Depot has great DeWalt, Milwaukee, and RYOBI offers from Milwaukee, DeWalt, and RYOBI. For example, this DeWalt 20V Max Lithium Ion Battery and Charger Kit is only $199, a drop of $219. In addition, you will receive the DeWalt tools you choose for free. (Choose your free tool on the page for the product after you click "Shop This Offer" and choose the kit.)

The tools that you can find at HD are typically offered in special package deals or as one tool. Sometimes they may be part of a set with less quality or not designed specifically for HD but they're still high-quality and warranted from the manufacturer.

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

Lowe's

Lowe's is the second largest home improvement retailer in the United States, with do-it-yourselfer friendly stores that often offer deals on the tools on line and supplies that you require to complete your projects around the house. Shoppers who are smart can take advantage of advertised promotions including bulk discounts as well as credit card discounts. MyLowe's rewards and offers to save money on everything from paint to power tools.

The chain has a wide selection of storage solutions to help you organize your belongings and declutter. Lowe's also has the most competitive flooring prices and flooring options to fit every budget. You can save on new countertops and cabinets by taking advantage of Lowe's kitchen and bath sales, and get the most value for your money when it comes to lawn equipment and power tools during the Spring Black Friday event in April or Labor Day sale in September.

All through the all year long, Lowe's has plenty of opportunities to save on appliances and other necessities, including special offers on lighting fixtures and custom window shades paint, bathroom vanities and even paint. The store has a wide selection of outdoor power equipment and garden tools including snowblowers, leaf blowers and mowers. There are also discounted lawn care and tools and equipment and furniture for every room of your home.

Lowe's will match any lower price you find for the same item from a competitor in your area or online. You can request an exchange by calling the customer service department or going to your local store. Bring the website, ad or image you came across. Lowe's only offers price match in-store for items that are sold and shipped directly by Lowe's. This does not include items purchased from third party sellers through websites such as Amazon.

Lowe's offers a 90-day returns policy for all items purchased at the store or online. You can return the item with an evidence of purchase such as a receipt credit card slip, or MyLowe's account barcode. Some exceptions apply for flammable or dangerous items.

Lowe's offers Pro Rewards, a program for contractors and other trade professionals. It offers special discounts, free shipping, and dedicated Pro parking and loading spaces. The program provides tool rentals as well as financing options that are unique and customized offers and services. You can also sign-up for protection plans that protect the most important appliances, powertools and grills. These plans go beyond the manufacturer's warranties and offer reimbursement or a replacement if something happens to your equipment.

Amazon

In its annual Prime Day shopping event, Amazon offers some of the best tool deals of the year. These deals aren't available anywhere else and are often only available for a short time. DeWalt and Makita among other top brands, offer great deals on power tools. The best deals are often on cordless tools, such as drills and jigsaws. You can also save money on hand tools, such as hammers and wrenches.

For instance, you could save 29 percent off a DeWalt cordless sander, which has a great customer review and comes with a variety of accessories. The battery has a long life span and the tool is light and compact. It can be used to scratch paint off furniture, sand furniture or remove grout. It's a great addition to any home workshop.

DeWalt 20V Max batteries are also available at a reduced price. 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 comes with an LED fuel gauge to inform you of how much power is left.

Another great Amazon deal is on a DeWalt multi-tool with a cordless design, which can slice, chop polish, sand, and trim using the appropriate attachments. It's powerful, quiet and efficient, and is able to replace traditional power tools that are corded. This model is a cult and Prime Day offers 56% off.

If you don't want to wait for the Prime Day sale, you can find plenty of great bargains on tools at other online 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 by comparison shopping.

Compare the quality of the product against the cost when seeking a bargain. Avoid buying tools from nonauthorized sellers and auction sites such as Ebay. Instead, look for a warranty that is good. This will shield you from counterfeit or refurbished items and ensure that your warranty remains valid. Use FakeSpot and ReviewMeta tools to determine if the retailer is authorized.

Other Retailers

While the top home improvement stores are the top in terms of outlet dollar share and sales however, they're not the only places to find excellent deals on power tools. Power tools are also offered by big-box retailers such as Lowe's or Home Depot. Online retailers such as Amazon sell a range of power tools sale tools that have brands and names as well as generic brands at competitive prices.

In general, the best deals on power tools can be found at major holiday sales. These include Black Friday in November, Father's Day in June and Labor Day in September. Sales are also common in the spring and summer, especially when retailers are trying to cut down their inventory.

In addition to traditional power tools sales, some retailers such as Home Depot and Lowe's offer discount packages for professional cordless tool brands. Dewalt's 18V and 20V Max combination kit, for instance, can be purchased for less than $500. It comes with essential tools online for the workshop like a drill, impact driver, circular saw and reciprocating saw, as well as a multitool. This combination can save you up to 30 percent over buying each tool individually.

Bundled tool kits, such as those from Milwaukee and Bosch include a variety of tools of the same brand. A set of nine pieces that includes a drill and impact driver, hammer, circular tool, oscillating two batteries with high capacity and a quick charger and a hammer drill could be purchased for around $800. This is usually less than the cost of buying the tools individually.

It is difficult to predict the exact date and time when tools will be on sale, but it is worth checking prices at home improvement stores, as and online retailers like Amazon, eBay Walmart and Woot. Google Shopping is a great comparison site that lets shoppers keep track of their costs and compare the most competitive offers.

Another option to find deals on power tool store tools is to purchase second-hand tools that have been returned. While this isn't a viable option for all tools but many high-end ones, like Dewalt Drills can be refurbished to sell at less than half the cost.