Why you shouldn’t buy a Christmas tree on Cyber Monday

Want a Christmas tree on the cheap? You’re not going to get a good deal on Cyber Monday.

The most expensive time to buy a tree is Cyber Monday, when prices increase to an average of $81, according to a study from payments company Square

SQ, +3.29%

and the National Christmas Tree Association. Black Friday wasn’t far behind at $77 on average.

Christmas Eve, meanwhile, is the cheapest time to buy a tree with an average price of just $47.

It may not suit everyone to wait until the last minute to buy a tree, but Yuletide revelers can save roughly 22% by waiting until the week before Christmas to purchase their trees.

The study’s results were based on Square sales data collected from Christmas tree farmers and sellers across the United States in 2017.

Also see: How couples should handle the sticky business of where to spend the holidays

Christmas tree prices have risen 17% in recent years, from an average price of $64 in 2015 to $73 last year. The National Christmas Tree Association expects 2018 prices to hold steady with last year, thanks in large part to a bountiful supply of trees.

Of course, some people have found even better deals on trees. Last year, a woman reportedly managed to take advantage of Costco’s

COST, +0.74%

notoriously lax return policy when she successfully got a refund on a tree weeks after the holiday claiming it was dead.

Those looking to avoid the hassle of driving somewhere and lugging a large tree home are also in luck. Amazon

AMZN, +2.79%

 is selling real, 7-foot tall Christmas trees this year.

Amazon’s trees, which will include Douglas firs and Norfolk Island pines, will be sent out to buyers within 10 days of being cut down to maintain their freshness. The online retailer previously has sold smaller trees under 3-feet tall.

Jacob Passy is a personal-finance reporter for MarketWatch and is based in New York.

We Want to
Hear from You

Join the conversation

الموقع يستعمل RSS Poster بدعم القاهرة اليوم