How to Save Money When Buying Appliances

Date Added: November 14, 2009 03:12:39 PM

In today's economy, the last thing you need is to have to run out and purchase a new washing machine or refrigerator. Appliances are an expensive little investment and are bound to put a dent in anyone's well-constructed savings. But, did you know you could actually save money even when you are making such a huge purchase? Well, if you didn't, here are a couple of tips that may help you get a great appliance for less and give you the tools to make an informed decision.

  1. Call around to your local appliance stores and see if they are offering sales or discounts on any specific brands. You should take into consideration what kind of features you are looking for and what kinds of warranties are available with that appliance.
  2. Compare prices online. Instead of calling around, you might be able to find savings and compare prices online.
  3. Don't be afraid to purchase a floor model. While it may show a few scratch a dents, you can usually get a great discount by buying off the floor and you usually get the same warranties as a brand new model.
  4. Be sure to buy ENERGYSTAR appliances. These will save you a ton on your utility bill, plus they are good for the environment. So, why not go green and save yourself some money.
  5. Don't be afraid of the one-year same-as-cash or other payment incentives. This is a great way to get a new appliance, especially if you don't have the money up front to pay for it. These types of incentives give you one year to pay off the appliance at a very reasonable payment rate. But, be sure to pay it off in a year, because if you don't usually they hit you with a huge interest rate.

If your current appliance hasn't bit the dust, but you have a feeling that it's going to, the best advice is to start doing your research now. The best time to purchase a new appliance is right before it quits or when you feel like you are paying someone to fix it all time. If you wait until it quits, especially if its deep freezer or refrigerator, you run the risk of not only trying to purchase something at the last minute without a good deal, but you also may end up throwing away hundreds of dollars in food. So, if you feel like your appliance is on its way out, don't run the risk of costing yourself even more money. As with any big purchase, the best way to get a good deal and not get scammed is to do your research on the product, and go armed with your information. Not only will it help you to make a wise purchase, but also it will allow you to feel more confident in your purchase. A confident purchase is always a good purchase, no matter what the cost.