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The best deals on power tools typically occur during the time of summer and spring, with Father's Day and post-Father's Day discounts, as well as summer renovation sales. Be aware of prices at various retailers such as Lowe's and Home Depot.

Kits that are priced competitively from top cordless manufacturers typically provide the most competitive prices. Find them at the home improvement stores and on Amazon too.

Home Depot

Home Depot offers great deals on DeWalt, Milwaukee and RYOBI products. DeWalt 20V Max Lithium Ion Battery and Charger kit, for instance costs just $199. This is a $219 drop. Plus, you get the DeWalt tools you choose for free. (Choose your free tool on the page of the product after clicking "Shop This Offer" and choose the kit.)

HD sells its tools in packages or as single tools. They could be part of a lower-quality run or specifically designed for HD but they are still excellent tools that can be guaranteed by the manufacturer.

If you're building furniture, hanging a shelf or changing the lighting fixture you can rely on Home Depot for tools to finish the job.

Lowe's

Lowe's, the second largest retailer of home improvement in the United States has many stores which cater to DIYers. They offer fantastic deals on the tools and supplies required to complete your projects around the home. Shoppers can save money on everything from paint and power tools to bulk discounts, credit cards discounts, and MyLowe's offers and rewards.

The chain has a wide range of storage solutions that will help you organize your belongings and declutter. Lowe's provides the best flooring prices with options for every budget. Lowe's Kitchen and Bath Sales offer amazing savings on new cabinets and counters. You can also find the best price on lawn equipment during the Labor Day Sale in September or the Spring Black Friday Event in April.

Lowe's offers numerous ways to save money on appliances and essentials throughout the year. There are specials on lighting fixtures and custom window shades as well as paint and bathroom vanities. The store offers a wide variety of outdoor power and garden equipment such as mowers, leaf blowers and snowblowers. There are also discounted lawn care products such as equipment and tools, and furniture to fit each room of your home.

Lowe's will match any lower price you can find for the same item at an opponent in your area or online. You can request price matching by contacting the customer service department or going to your local store. Bring the website, ad, or image you came across. Price matching in-store is only applicable to items delivered and sold by Lowe's and not products purchased from third-party websites such as Amazon.

Lowe's provides a 90-day guarantee for most purchases made in-store or online. You can return your purchase with the receipt or proof of purchase including the order number, a credit card slip or a MyLowe's account barcode. There are a few exceptions, like hazardous or flammable products.

Lowe's has a Pro Rewards program for trade professionals that offers exclusive discounts, free shipping and dedicated Pro parking and loading spaces. The program also provides rentals of tools and other financing options, as well as personalized offers and services. You can also sign-up for protection plans that cover major appliances, powertools and grills. These plans go beyond the manufacturer's warranties and guarantee the replacement or reimbursement if something happens to your equipment.

Amazon

Amazon offers some of the most lucrative tool deals during its annual Prime Day event. Many of the discounts aren't available elsewhere, and they're often available for a short period of duration. DeWalt and Makita among other top brands, offer great discounts on power tools. The most affordable deals are typically on cordless tools, such as drills and jigsaws. You can also save money on hand tools like hammers, wrenches, and screwdrivers.

You can save up to 29% on the DeWalt sander, which has an outstanding customer rating that includes a variety of accessories. The battery has a long 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 shop.

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

Amazon offers a good deal on the DeWalt multi-tool that can be used to sand polish trim, shave, and sand using the appropriate attachments. It's quiet, powerful and efficient and can be used to replace the standard corded tools. This model is a very popular option, and is currently at 56% off during Prime Day.

There are great bargains on tools at other online stores, as well as in-store stores like Lowe's or Acme Tools. These retailers are likely to match the prices of Amazon's Prime Day sales, so you can save money by comparison shopping.

When you are looking for deals make sure you compare the quality of the tool versus the cost. Avoid purchasing tools from non-authorized sellers and auction sites such as Ebay. Instead, look for an excellent warranty. This will shield you from counterfeit or refurbished products and ensure that the warranty remains valid. Use FakeSpot and ReviewMeta tools to determine if the seller is authorized.

Other Retailers

Power tool bargains are not only available at the top home improvement retailers. Power tools are also offered through big-box stores like Lowe's or Home Depot. And online retailers such as Amazon provide a selection of generic and brand-name power tools for sale at affordable prices.

In general the best power tools deals can be 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 as well, particularly if retailers are looking to reduce their inventory.

In addition to the traditional cheap power tools online tools sales, a few retailers like Home Depot and Lowe's offer package deal discounts for pro cordless tool brands. For example the Dewalt 20V or 18V MAX combo kit is available for less than $500. It includes essential tools for the workshop, like a drill and an impact driver along with a circular saw, reciprocating saw and a multi-tool. This combination can save up to 30% compared to purchasing each tool separately.

Bundled tools, like those made by Milwaukee and Bosch, feature multiple tools of the same brand. A nine-piece kit including a drill, an impact driver, hammer drill, circular saw, oscillating tool, two high-capacity 5.0Ah batteries and a quick charger can be had for around $800, which is half the cost of buying the tools separately.

While it's difficult to know what products will go on sale when it's worth looking at the prices at both home improvement stores as well as online retailers like Amazon, eBay, Walmart and Woot. Google Shopping is a great comparison site that helps shoppers keep track of prices and compare the best offers.

Returns on power tools shop online tools are another excellent option to save money. Although this isn't the case for all tools but many high-quality ones such as Dewalt Drills are reconditioned to sell for less than half of their price.