I know I don’t need to tell you that holiday airfares are on the rise. In fact, every day that you wait on buying plane tickets could cost you an extra $5 or more for the fare. According to Hipmunk.com, the average flight purchased last week cost just over $500. Wait three weeks to buy that same plane ticket and you could be looking at a $650 fare. Ouch.
If you still need to make plans for travel home or out of town, here are four quick tips to keep in mind:
1. Book Now: More people are expected to travel this year and prices are already up nearly 10 percent compared to last year. So, don’t wait to buy your airline tickets with the thought that later today or in a few days, the price will drop. It won’t. If you see a reasonably priced fare, hop on it straightaway.
2. Travel on Light Days: Few people want to travel on Thanksgiving Day, Christmas Day and New Year’s Day, so you may still be able to score a bargain if you’re willing to fly these days. Leave early in the day, like between 5-7 am, to save money and make it to the table by dinnertime.
3. Bundle Travel Expenses: If you’ll be staying in a hotel and maybe renting a car over the holidays, bundle your reservations along with your airfare on sites like Expedia and Travelocity. Many times you’ll see significant discounts on the overall package when you bundle your trip this way.
4. Consider Driving: Sure, this isn’t a way to save on a plane ticket, but if you’re not traveling too far away, think about all the time you’ll spend getting to the airport, waiting in security lines and enduring flight delays before the actual flight. When you add up all of this time, it may be both faster and cheaper to drive to your destination.
For more ways to save on airfares, check out a few of my previous posts:
Do you have any tips for saving money on travel expenses? Let me know in the comments section below.
Photo Credit: Thomas Becker