Black Friday is right around the corner, so it’s time to get thinking about what deals you want to take advantage of. This time of year tends to see big diamond ring discounts. So, if you’re planning on gifting one to someone special, you’ll want to think ahead.
Since Christmas and New Year’s are right around the corner, and Valentine’s Day is a short two months later, buying an engagement ring during Black Friday is a wise decision — even if you plan to store it in your dresser drawer for a few months. Search online to find the best deals being offered on engagement rings this Black Friday.
Urilux / Getty ImagesWhen to Buy an Engagement Ring
While there are certainly sales at different points in the year, the Black Friday weekend is one of the best times to make a purchase. In fact, Lesley Harris, VP of sales at Brian Gavin Diamonds, states “the most competitive time for diamond purchases is going to be Black Friday/Cyber Monday weekend.”1 As a result, retailers often offer deep discounts to entice shoppers to choose their brand over others.
Just know that if you don’t move quickly, the particular diamond you were eyeing may be sold already.
Where to Buy an Engagement Ring
From online shops, to local jewelers, to big malls, there are many places to purchase an engagement ring. However, online stores can sometimes offer better deals. This is because they don’t have the overhead of a storefront, a cost that is often passed on to the customer through higher prices and limits their ability to offer deep discounts.
Here are some of the best places to purchase an engagement ring this Black Friday.
Costco
Costco is America’s favorite retailer to save big on just about any purchase you can think of. This includes engagement rings. While the average person spends $5,500 on an engagement ring, Costco offers a variety of options priced substantially lower.2
As part of Costco’s 2022 Holiday Savings Event, the retailer is offering $100 off a Round Brilliant 7-Stone Platinum Band. This brings the price down to from $4,999.99 to $3,999.99.3
Be sure to keep checking back on Costco’s website as Black Friday draws near. You can expect even better deals as the big day draws closer.
Zales
Zales is a go to pick to find an engagement ring as they are literally known as “The Diamond Store”. Zales is the best place to find an affordable engagement ring this Black Friday as they are currently offering discounts of up to 50 percent off!4
With this sitewide deal, you can get high value engagement rings for great prices. Such as this 1 CT. T.W. Quad Princess-Cut Diamond Bridal Set in 10K White Gold for $1,315.30, which is over $500 off.5 As if that wasn’t good enough, you can get the 1/4 CT. T.W. Diamond Past Present Future Engagement ring for $399.98, a 60 percent discount.6James Allen
James Allen is a reputable online jeweler with an amazing selection of engagement rings. Moreover, the retailer gives customers the ability to design a ring to their liking. Don’t worry about not liking your custom-made ring since James Allen offers free 30-day returns and a lifetime warranty on most of their engagement rings.7
James Allen has taken to their blog to announce the site-wide discount that’s going live on November 25. This BlackFriday, get ready to save 25% off everything on sale at jamesallen.com. Yes, that includes engagement rings, but it also includes tennis bracelets, diamond pendants and more.7Kay
As one of the largest jewelry stores in America, Kay is offering some of the largest deals this Black Friday on all their jewelry. As such, they are offering 25 to 50 percent off sitewide. In addition to this sitewide discount, you can also get up to 60 percent off on select items.8
Engagement rings are of course included in this sitewide sale. You can get their Diamond Twist Engagement Ring for $699.99, which is over 50 percent off regular price.9 Even better, they are selling their Diamond Engagement Ring 1 CT. T.W. Round-cut 14K Yellow Gold for just $1,199.99, a substantial drop in price from its original $2,999.99 price.10
Don’t Miss Out on Great Deals
Black Friday is a great time of the year to score some major deals when it comes to engagement rings. Regardless of when you plan to propose, picking up a ring during these sales can save you a good chunk of change, either allowing you to pocket that cash for the wedding or get more bling for your budget.
In addition to the deals we’ve shared here, don’t forget to search online for other sales as we get closer to Black Friday and Cyber Monday.