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The best power tools deals often come around spring and summer, with Father's Day and post-Father's Day discounts, as well as summer renovation sales. It is important to keep an eye on prices online and in-store at various retailers like Home Depot and Lowe's.

Value-oriented combo kits from professional cordless brands typically offer the most competitive prices. Find them at home improvement stores and at Amazon too.

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 costs $199, which is a reduction of $219. Additionally, you can select any DeWalt product. You can pick your free tool by clicking "Shop This Offer", and then selecting the kit.

HD sells its tools in special packages or as individual tools. They may be a part of a less-quality run or specifically designed for HD but they are still excellent tools that are warranted by the manufacturer.

Home Depot has the tools you require to complete any task, whether it's building furniture, installing a shelf, or changing the lighting fixture.

Lowe's

Lowe's the second largest home improvement retailer in the United States has many stores that cater to DIYers. They offer great discounts on the tools and supplies needed to complete your home improvement projects. Savvy shoppers can benefit from advertised promotions including bulk discounts credit card discounts, and MyLowe's offers and rewards to save money on everything from paint to power tools.

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

Lowe's offers many opportunities to save money on essentials and appliances throughout the year. There are specials on lighting fixtures, custom window shades as well as paint and bathroom vanities. The store has a wide selection of outdoor tools and power equipment for gardens, such as leaf blowers, snowblowers and lawn mowers. There are also discounted lawn care products such as equipment and tools, as well as furniture that will fit in with any room in your home.

If you discover a lower price for the same item on a competitor in your area or online, Lowe's will match it. You can request price matching by contacting the customer service department or visiting your local store. Bring the website, ad or image you have found. Lowe's only offers price match in-store for items that are delivered directly by Lowe's. This does not include items purchased from third party sellers through websites like Amazon.

Lowe's offers a 90-day return policy on all items purchased in stores or online. You can return the item by providing an evidence of purchase such as a receipt credit card slip, or MyLowe's account barcode. Certain exceptions are permitted to flammable and hazardous products.

Lowe's offers a Pro Rewards program for tradespeople, contractors and other professionals. This program includes exclusive discounts, free shipping, as well as parking and loading areas dedicated to professionals. The program also offers rentals of tools and other financing options, as well as personalized offers and services. You can also sign up for protection plans for major appliances, power tools and grills that cover you beyond the manufacturer's warranty and guarantee that you will be reimbursed or replaced when something goes wrong.

Amazon

During its annual Prime Day shopping event, Amazon offers some of the most lucrative deals on cheap tools online of the year. A lot of the deals aren't available elsewhere, and are often available for a short period of time. DeWalt and Makita, among other top brands, offer fantastic discounts on power tools. The best deals are often on cordless tools, such as drills and jigsaws. But you can also save money on hand tools like hammers, wrenches, and screwdrivers.

You can save up to 29 percent on a DeWalt sander, which has an outstanding customer review that comes with a range of accessories. It is compact and lightweight, and the battery has an extended life. It can be used to sand wood, scrape paint off or to remove grout. It's a great addition to any home workshop.

You can also save on DeWalt 20V MAX batteries, with a long track record of being tough and light. This two-pack can keep your device running for hours, and comes with an LED fuel gauge that lets you can know how much power is left.

Another fantastic Amazon deal is on the DeWalt cordless multi-tool, which can slice, chop polish, sand, and trim with the right attachments. It's quiet, powerful and efficient and can be used to replace traditional corded tools. This model is a favorite model, and Prime Day offers 56% off.

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

When looking for deals make sure you compare the quality of the tool with the price. Avoid purchasing tools from non-authorized sellers and auction sites such as Ebay. Instead look for a warranty that is good. This will protect against refurbished or counterfeit tools and ensure that the warranty is valid. Make use of FakeSpot and ReviewMeta tools to verify whether a retailer is authorized.

Other Retailers

While the top home improvement stores are the top in terms of outlet sales and dollar share but they aren't the only places to find good power tool deals. Big-box stores like Lowe's and Home Depot also sell power tool sale tools. Online retailers like Amazon offer a variety of brand-name and generic-branded power tools at a reasonable price.

Generally speaking the best deals on power tools can be found during major holiday sale events. Black Friday is in November, Father's Day is in June and Labor Day is in September. Sales can also be found during the summer and spring especially when retailers are trying to cut down their inventory.

In addition to traditional power tools sales, certain retailers such as Home Depot and Lowe's offer package deal discounts for pro cordless tools. Dewalt's 18V or 20V Max combo kit, for instance it is available for less than $500. It comes with essential tools for the workshop such as a drill, circular saw, impact driver as well as a reciprocating saw and a multitool. This combination can save up to 30% compared to buying each tool separately.

The same is true for bundled tool kits that feature multiple tools from the same brand such as Milwaukee and Bosch. A nine-piece kit including a drill, impact driver, hammer drill, oscillating tool, circular saw two high-capacity 5.0Ah batteries and a quick charger can be had for around $800, which is typically half the price of purchasing the tools separately.

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

Returns on power tools are another excellent way to get a deal. Although this isn't an option for every tool, top-quality tools like Dewalt drills can be restored and sold for less than half of the cost of the original.