Purchasing major appliances can be expensive, but it doesn’t have to be. With a little savvy shopping, you can find top-quality home appliances that fit your budget. Some appliance manufacturers set minimum advertised prices, a policy known as Minimum Advertised Price (MAP). This keeps prices relatively similar at various stores.
Check Online Coupons
Shopping for appliances can feel overwhelming. Appliance tags spout features you’ve never heard of, while manufacturers and retailers use confusing marketing to encourage customers to spend more. Discounts like Samsung coupons and other smart shopping strategies can help you save money on kitchen appliances.
If your refrigerator, dishwasher or oven is starting to show its age, buying a package deal with matching appliances can save you money. Many retailers offer discounts when purchasing a package of appliances from the same manufacturer and brand. These offers are often available at certain times of the year, such as after Labor Day, during retail holidays, or model-year turnover periods.
Another way to save on appliance packages is to shop for scratch and dent appliances, which are used but in good condition. These models typically have minor cosmetic damage that does not affect functionality or performance. Some retailers also have price matching policies, meaning they will match the same item if you find a lower price at a competitor. This can help you save time and energy shopping around town.
Consider Your Needs
Investing in premium kitchen appliances is a smart way to add value to your home, especially if you plan on selling it in the future. But it’s important to consider your needs and not just your budget. Compulsive purchases can quickly deplete your savings and even lead to additional costs, such as higher energy costs or costly repairs.
Before heading to the store, assess your cooking and laundry needs and list the functions most important to you and those who regularly use the appliance. This will help you determine what features you need and what to skip, saving you money in the long run.
Another smart strategy is to shop around for the best prices. Many retailers offer seasonal sales and model-year-end events, which can provide significant discounts on high-quality appliances that may not have the latest setting features or accessories. You can also look for online and consumer-to-consumer marketplaces to find pre-owned appliances at a fraction of their original price.
Look for Rebates
When you’re a homeowner, a multifamily property owner or a contractor renovating a home or building a new house or accessory dwelling unit, kitchen appliance bundles can offer significant discounts compared to purchasing appliances individually. Some retailers even allow you to customize a package with specific brands and models, further cutting costs.
Another way to save is to look for appliance rebates. Two major kinds of appliance rebates are available: instant and mail-in. Instant rebates happen at checkout, with the resulting discount reflected in your total purchase price on the receipt. Mail-in rebates require you to complete an official application and jump through some hoops to get your money back – but they can still be worth it.
Finally, you can haggle to lower prices at traditional stores that adhere to a commissioned sales model.
Avoid High-End Appliances
It would help if you always shopped for appliances at the lowest prices possible. You can do this by shopping online and comparing prices between retailers and appliance depots. Some of these businesses offer a price-match guarantee and other special deals that help you save even more.
The savvy consumer also looks for discounts outside of the peak sales season. Some retailers may offer end-of-financial-year or other discounts at other times of the year to clear out inventory and make room for new models. And if you’re patient, you can find refurbished appliances that are like new and often cost significantly less.
But be careful when shopping for luxury appliances. In general, you get what you pay for in the long run. Cheap appliances break more often and require costly repairs or early replacements, which can easily offset any savings you have achieved using a lower-end model. So, before investing in a luxury appliance, ensure it fits your needs and design style. And don’t be afraid to ask for discounts and rebates.
Time Your Purchases
Fancy features like smart ovens and Bluetooth-enabled washing machines can add a lot to the price tag of household appliances. Determining which features you need and what you can do without is important. Unless you plan to upgrade your entire kitchen appliance set, consider purchasing a budget model with the most essential features.
Appliance sales, typically around national holidays and large store events, are a great time to score discounts on kitchen appliances. But you can find deals year-round by comparison shopping.
Another great way to save money on household appliances is by buying them in bundles. Many retailers offer significant rebates when you purchase multiple appliances together. You can also find deals on refurbished appliances, which have been returned to the manufacturer for repair or update and sold at reduced prices. These tips can help your appliances last longer and make them more affordable. This will ensure you have the appliances you need while spending less money on unnecessary features that will increase the functionality of your home.
