Buying a large scale appliance can be a major endeavor, and the thought of buying a new appliance at full price can be a downer.
However, there are many ways to save money when buying major appliances.
In This Post:
1. Purchase the display
You can save a lot of money on costly appliances by shopping the appliances that are kept as floor models. Look for appliances with minor dings and dents; but also be sure your sales rep discloses anything that might be wrong with the appliance. In rare cases, appliances can be missing shelves or other parts, and the warranty will not cover a replacement.
In most cases, buying an appliance with a small scratch is a fantastic way to save hundreds of dollars. You may even get a more expensive model than your budget allows.
2. Buy gently used appliances
Appliance repair shops sell gently used appliances. These are appliances that were purchased used, repaired or updated, and are now being re-sold. Used appliances are often a fraction of the price of a new model.
Though a used appliance may not be as pretty as a brand-new one, generally speaking, they are just as functional. Many appliance repair shops will also offer a warranty or affordable repairs at a small fee.
3. Get an extended warranty
Speaking of warranties, whether you buy new or used, it’s always a good idea to know whether your appliance will come with a warranty. Contrary to how it might seem, not all appliances come with extended warranties.
Small deep freezers, for example, don’t always have a manufacturer’s warranty, and the store that sells it may not offer a warranty of their own, either. Never assume; it’s always wise to double-check before making that final purchase.
4. Get appliance insurance through a home warranty
Did you know that your appliances can be covered through a home warranty plan? This type of appliance insurance is a valuable backup plan that covers the cost of repairs for a yearly premium.
You can get the most out of your money by looking for warranty companies that cover additional repairs, such as pest control, water heater, jetted bathtubs, roofs, doorbells, duct work, and more. Extra coverage could save you a lot of money if your appliance breaks down and the repair isn’t covered by the manufacturer’s warranty. Plus, it could even help you save on unanticipated home repairs.
5. Know which hook-ups you have at home
If you’re buying an appliance like a washer, dryer, or dishwasher, it’s important to know what kind of set-up you have at home. For example, if you’re buying an electric washing machine or dryer, you’ll need to know which types of electrical outlets you have at home.
For dishwashers, depending on your kitchen layout, a standard appliance technician may not be able to install the machine. Confirm with the salesperson whether you will need a plumber to come to your home; most vendors will send a plumber at no additional charge.
6. Ask for a deal
When it comes down to it, buying major appliances feels much better when you know your options. Shop around, don’t limit yourself to a single retailer. And don’t be afraid to ask for a deal; often times, sales representatives are more than happy to find an appliance within your budget. If you express your desire to shop around, they’ll be even more eager to help you save. Price comparisons are also a great way to help you save money.
7. Appliances are often cheaper after major sales
It sounds crazy, but Black Friday might not be the best day of the year to buy a major appliance. Due to the lack of shopping traffic after the holiday, it’s common for retailers to drastically mark down prices between Thanksgiving and the week or two before Christmas.
The same is true right after other major sales throughout the year; the weekend after Memorial Day and Labor Day, for example.