How To Save Money On Large Appliances

How To Save Money On Large Appliances

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Washing machines, dryers, dishwashers, stoves, ranges and refrigerators are each part of the modern home, contemporary appliances our great grandmothers would have loved to had on hand during their day. Each appliance can save users time and money, allowing people to have much more flexibility with their days.

Costly Large Appliances & Your Budget

But, large appliances can get expensive and when they break, be costly to repair. Lots of American homeowners routinely swap out their older units before they need replacing, as they desire the latest features or want to keep their homes up to date.

Energy StarIf you’re planning to replace at least one of your large appliances this year, you’ll want to keep in mind a few things first including the following:

Set up a budget — How much can you pay for a large appliance? Stove prices can vary from about $400 to well over $2000. Shop locally at your big box retailer of online through companies such as AJ Madison or Rainbow Appliance to find the best deals.

Buy on sale — Besides specials, look for interest free financing, free shipping and price markdowns on select models. Weigh all of your costs including sales tax before making your purchase decision.

Go efficient — Maybe your choice in refrigerators comes down to two models, priced some $50 apart. While going with the lower cost model may seem to be the most sensible choice, consider choosing the more expensive model especially if its EnergyStar rating is higher. Over time, you’ll actually pay less for electricity when you buy the higher rated model.

Shop last year’s specials — Just like cars, many large appliances are updated from year to year. Model year 2009 stoves may be all the rage, but if you find a 2008 leftover model that has all of the features you need, take the older model and the price savings instead.

What about the warranty — Stores usually offer their own limited, thirty day warranty, but what if something breaks during the first year? Who pays? While it may not be cost effective to purchase the store’s extended warranty, it could prove beneficial to you to choose a model with a two year limited warranty over a one year warranty.

Find what you want by conducting an online search by scouring a variety of websites and stores including The Kitchen Collection and Cooking.com, sites designed to help you outfit your kitchen with a variety of products, big and small.

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Categories: Consumer Tips