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The best power tools deals often come around the spring and summer months, including Father's Day and post-Father's Day discounts, along with summer renovation sales. Keep an eye on prices at different retailers such as Lowe's and Home Depot.

Kits that are priced competitively from top cordless brands typically offer the best deals. Find them in home improvement stores, and on Amazon, too.

Home Depot

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

HD sells its tools in special packages or as individual tools. Sometimes, they're part of a set with less quality or not designed for HD however they are still high-quality and warranted from the manufacturer.

Home Depot has the tools you'll need to finish any project, whether it's making furniture, constructing 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 frequently have deals on all the tools and supplies you need to complete tasks around the house. Savvy shoppers can take advantage of promotional offers including bulk discounts credit card discounts, and MyLowe's rewards and offers to save money on everything from paint to power tools.

The chain has a wide assortment of storage solutions that can aid you in organizing your belongings and declutter. Lowe's offers the best flooring prices, with options for every budget. You can save on new cabinets and countertops by taking advantage of Lowe's sales on kitchen and bath and get the best bang for your buck on lawn equipment and buy power tool tools during the Spring Black Friday event in April or Labor Day sale in September.

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

If you discover a lower price for the same item from a competitor in your area or online, Lowe's will match it. You can request a price match by contacting customer service or visiting your local store with the web page or advertisement you found. Price matching in-store only applies to items that are sold and shipped by Lowe's, not items bought from third parties on websites like Amazon.

Lowe's offers a 90-day returns policy for most items purchased in stores or online. You can return your purchase by providing an original receipt or proof of purchase, including the order number or credit card slip or MyLowe's account barcode. Certain exceptions apply, such as flammable or dangerous items.

Lowe's has Pro Rewards, a program for trade professionals that offers special savings, free shipping and dedicated Pro parking and loading spaces. The program also provides tool rentals and special financing solutions, in addition to customized offers and services. You can also sign-up for protection plans that cover major appliances, powertools and grills. These plans go far beyond the manufacturer's warranties and guarantee the replacement or reimbursement if something goes wrong.

Amazon

In its annual Prime Day shopping event, Amazon offers some of the best deals on tools available. These deals are not available elsewhere and are usually only available for a brief period of time. You can find great power tools deals from DeWalt, Makita and other major brands. 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.

For instance, you could save 29 percent off the DeWalt cordless sander, which has an excellent customer rating and comes with a variety of accessories. The tool is small and lightweight and the battery is designed to have a long lifespan. You can use it to polish furniture, scrape paint or remove grout. It's a great addition to any home-based store.

You can also save money on DeWalt 20V MAX batteries, with a long track record of being durable and light. This two-pack of batteries will keep your tool running for a long time and includes an LED fuel gauge to inform you of how much power tool shop remains.

Another excellent Amazon bargain is a DeWalt cordless multi-tool, which can cut, slice, sand, polish and trim with the right attachments. It's quiet, powerful and efficient and can be used to replace standard corded tools. This model is a cult and Prime Day offers 56% off.

If you don't want to wait for the Prime Day sale, you will find a wide selection of fantastic bargains on tools at other online retailers and stores in-store like Lowe's and Acme Tools. Comparing prices with these retailers and Amazon's Prime Day sale will save you money.

When you are looking for deals Be sure to check the quality of the tool with the price. Avoid purchasing tools from non-authorized sellers and auction sites such as Ebay. Instead, look for an assurance that is solid. This will protect you against counterfeit or refurbished goods and ensure that your warranty is valid. Use FakeSpot and ReviewMeta tools to verify whether the retailer is licensed.

Other Retailers

While the top home improvement retailers lead in both outlet sales and dollar share however, they're not the only ones to look for good power tool deals. Big-box retailers like Lowe's and Home Depot also sell power tools. Online retailers like Amazon sell a range of power tools featuring brands and names as well as generic brands at affordable prices.

In general, the best bargains on power tools can be found in major sales for the holidays. 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 reduce their inventory.

Some retailers, such as Lowe's and Home Depot, offer bundle deals for pro cordless tool brands. For example an Dewalt 20V or 18V MAX combo kit can be had for less than $500, which includes essential tools for the workshop, like a drill, an impact driver along with circular saw, a reciprocating saw and a multi-tool. This combination can help you save up to 30 percent compared to buying each tool separately.

The same can be said for kits that feature multiple tools from the same brand such as Milwaukee and Bosch. A nine-piece kit including a drill, an impact driver, hammer drill oscillating tool, circular saw, two high-capacity 5.0Ah batteries, and a rapid charger is available for around $800, which is typically half the cost of buying the tools individually.

It's difficult to know when and where tools will be available for sale, but it is worthwhile to check prices at home improvement stores, as and online retailers like Amazon, eBay Walmart and Woot. A comparison site such as Google Shopping can also help shoppers track prices and keep track of the most competitive products.

Another option to find deals on power tools is to purchase used tools that have been returned. While this isn't an option for every tool, high-quality tools such as Dewalt drills can be repaired and sold for less than half the original price.