8 Ways to Save Money on New Kitchen Appliances
You have aging kitchen appliances or maybe you’re building a new home. Either way, when you’re in the market for new appliances, the options can be overwhelming. Just mentally adding up the potential cash outlay may be enough to send the project straight to the back burner. By knowing what features you need and when to buy, you can score top-performing appliances with out blowing the bank and make your dream kitchen a reality.
1. Consider Last Year’s Model
Newer Models are usually loaded with lots of features, but are expensive. More often than not, it’s just a change in the last letter of the model number, or the manufacturer is phasing out a particular model. Either way, it’s likely a minor upgrade that you would’t even miss. As soon as the new models hit the store, the older models are reduced.
If owning last year’s model isn’t a problem, you can save hundreds of dollars on your appliance purchase. The best time to shop for these appliances is September through November, when retailers are looking to clear out space for new arrivals.
2. Shop Scratch and Dent Appliances
A small scratch or dent could save you big bucks on an appliance purchase. Most major appliance dealers have a small stock of appliances which have sustained some minor blemishes. These products may have been scratched or dented during shipment or sent back because it didn’t fit the space, or the customer decided against it after all.
While most prefer their appliances to be brand new and from the box in perfect condition, chances are it might not stay that way for long anyway. An average of 3-5% of merchandise arrives at the store damaged and your chances of scratching it increase when you move it around your home to position it.
If a superficial flaw doesn’t bother you, scratch and dent appliances are a great money saver. With scratch and dent appliances, you should always inspect to make sure the damage is only cosmetic and does not affect appliance performance. Also check that all warranties still apply.
3. Focus on What you Need
Appliance prices increase based on all the bells and whistles they feature, so sticking with appliances that have just the features that matter most to you will help save you money. Keep yourself in budget by making a list of what you need before you venture into the stores. Start by assessing your life style. If leftover pizza is your go-to meal, you’ll want to avoid purchasing a refrigerator that’s so narrow the box has to be stuffed in vertically.
Some of the frills may be essential for your lifestyle, such as the programmable setting on a coffee maker, or delay start on a washer if you’re on time-of-use electricity rates. However, many of the higher-end appliances feature functions that you may never use and can live without. Watching Top Chef doesn’t automatically make you one — if softly boiling sugar into carmel sauce isn’t in your future, you probably won’t miss a precise simmer burner.
So avoid the glam and stick with function. Just remember, that refrigerator with the LCD screen and wifi apps isn’t going to keep your food any colder.
4. Wait for Sale
Waiting a week or two could be all it takes to reduce your purchase price by 25%. If there are big appliance sale events (like Black Friday) around the corner, be patient and watchful for great deals on what you need. Kitchen appliances often go on sale toward the end of fall, just before Thanksgiving. This is commonly when homeowners look to spruce up their home in anticipation of guests.
Aside from using holidays, you can often achieved considerable savings by purchasing appliances at the end or after it’s typical usage season. You can get some decent discounts while avoiding the holiday sale madness.
Ultimately, swapping compulsive purchases for a wait and snatch strategy will help you save money. Check out the Factory Builder Stores Annual Sale for great discounts on name brand appliances.
5. Buy a Package Deal
Even if you only have one or two kitchen appliances currently in need of replacing, chances are they were all purchased at the same time and the others will likely fizzle out soon. Either way, an appliance package could be your biggest source of savings when it comes to purchasing appliances. Manufacturers often bundle appliance products into suites to boost sales, and these packages can offer significant savings when compared to purchasing each item individually. Moreover, package purchase prevent you from ending up with an unsightly collection of mismatched appliances.
6. Purchase a Floor Model
Don’t mind if your new appliance comes with a box? Consider purchasing an appliance that’s been on display. Floor models come with the same warranty you’d get with a new-in-box item, without the new-in-box price. You’ll save yourself the cardboard clean-up and a load of cash.
7. Research Reliable Brands
When you pay more for reliability and skip all other unnecessary features, it’ll pay for itself when the appliances lasts many years instead of one or two.
Quality over price is always better — Would rather get many years out of a $800 model or a few out of a $500 model?
8. Avoid Expensive Accessory and/or Maintenance Costs
For appliances with accessories such as air cleaners and purifiers, replacements costs can add up. Go for appliances with washable or permanent filters but, be careful not to sacrifice efficiency, which will increase costs in the long run.
Also consider extended service contracts and warranties when buying new kitchen appliances. They’re not always a good deal; there are positives and negatives to purchasing one, but under the right circumstances, it could save you money in appliance repairs down the road.