Buying a kitchen appliance can be expensive, but shopping smartly could save money
It’s NO secret a kitchen appliance is a major purchase, so you might be surprised to learn about clever money-saving tips from industry insiders.
Don’t focus on seasonal sales
You don’t want to wait until your refrigerator or oven breaks before replacing it, but you also don’t need to time your purchases around Black Friday or other sales events.
“If you look at advertisements for appliances, you’ll see they are always on sale,” says Kevin Brasler, executive editor at Consumers’ Checkbook.
“It’s one sale after another, but when you look at the prices they’re offering, they’re roughly the same.”
A 10-month investigation by Checkbook’s mystery shoppers found that the sales prices on home appliances at many stores are more often than not the usual prices.
Brasler recommends consumers begin shopping for kitchen appliances when they’re ready to buy them instead of waiting for “deals”.
Read: Kitchen now man cave
Get quotes via email
Many consumers make the mistake of physically going to stores for quotes when they should be obtaining them through email, Brasler says. Doing so will not only help you save time, but also protect you from succumbing to a salesperson’s face-to-face negotiating tactics. Plus, “it forces stores to compete for your business”.
Look past advertised prices
Most appliance manufacturers dictate the minimum prices at which stores can advertise their products. Just because something is listed at a certain price doesn’t mean you can’t get a better deal.
Don’t rely on haggling
Some shoppers bargain with retailers over appliances, but that doesn’t always lead to the best deal. A better approach, Brasler says, is to simply ask stores for their best price upfront when gathering quotes.
Make sure you’re getting the “all-in price” that includes installation, delivery costs and taxes. “A lot of online-only retailers don’t factor in delivery and installation.”
Compare policies on price-matching
If you have a favourite retailer, see whether the shop is willing to match the best price you obtained. When hunting for deals, look at online and in-store promotions – they don’t always match.
Resist extended warranties
Extended warranties are profitable for stores, but rarely a good deal, Brasler says. The chance of having an issue during the extended warranty period is low and the cost of the repair often doesn’t exceed the cost of the extended warranty.
If you’re buying more than one appliance, you can save by bundling. Buying three or more appliances together could reap a big discount.
Hire a contractor for installation
A number of retailers charge steep fees for installation services. Try hiring a licensed plumber, electrician or other contractor to install appliances at a cheaper price.
Buying used appliances can be a great way to cut costs, but you have to shop smart. You’ll want to buy from a used-appliances store that sells refurbished products with warranties rather than off a website, where you don’t really know what you’re getting. – Washington Post