My husband and I purchased our home almost 20 years ago and some of the appliances came with the purchase of the home. I cannot complain because the appliances still operate; however, they are old and not energy efficient. Since we strive to reduce our carbon footprint, we have wanted to replace our old appliances with new Energy Star appliances to save energy and money. When we filed our tax returns for the current year, we decided to commit to purchasing new energy efficient kitchen appliances. The only problem was our tax refunds were not as much as we had hoped so we had to find ways to save money on new appliances. With some work and a little compromise, we were able to purchase three new appliances and save a total of $1,205 on our appliance purchases.
Ways to save money when buying new appliances
Scratch & Dent – A new dishwasher can cost between $381 and $659 depending on the model. I wanted an Energy Star certified dishwasher that had some bells and whistles if not all of the bells and whistles. I found a great sleek black model that had the MSRP of $649 and was on sale for $551. Still just a little more than I wanted to pay so I made a note of the model number and began visiting local home improvement stores and appliance stores to see if any had floor models or slightly damaged items. I found a model at the fourth store that was slightly different from the one I wanted with a 4-inch scratch on the bottom right corner. The manger knocked off 15% of the purchase price and I walked out with my dishwasher for only $469. Make sure that the damage is superficial and cosmetic in nature so it does not affect the operation of the appliance.
Using credit to your advantage – Knowing I had cash to purchase my new appliances, I thought I might be able to get a deal for paying in full. However, it seemed that most stores wanted to give me a better deal if I applied for a store credit card and used that for the purchase. After hearing this sale pitch countless times, I decided to try it at a local home improvement store. I had found a fantastic energy efficient refrigerator for $1,249 with a 15% discount for purchasing any appliance with an Energy Star rating. I added that to my addition 15% savings for applying for and using a new store account and saved $375 on my new side-by-side refrigerator.
Scavenger Hunt – My last challenge would stretch my money-saving skills to their limits – – a new stove. The MSRP of the models that I had chosen ranged from $1299 to $1650 depending on the bells and whistles. My tax refunds were running out and my normal household spending budget would not allow such a large purchase. I began to search through Craig’s List, eBay, local appliance stores and any other store that sold kitchen appliances. A friend of mine suggested that I contact local builders to inquire if they had some extra appliances they wanted to sell. I thought she was insane but after calling three builders, I found one that had a great stove they wanted to get rid of because the homeowner wanted a different color. If I picked it up within 24 hours, they would let me have it for $1000 – – a $650 savings off the MSRP. I borrowed a truck and brought home my new stove that very afternoon.
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