Hi, I’m Warren Oberholser. I’m a realtor in the East Bay Tri-Valley area in Northern California. My goal is to help both buyers and sellers get maximum results for one of their biggest investments, their home.
Homeowners, stop overpaying on your appliances. I’ve got 5 ways you can save money on your next appliance purchase!
Have you priced appliances recently? They’re all over the map. Some dealers offering far less are more than others for the same model. And yes, prices most likely have increased substantially since you purchased your range back in 1998.
Much of this has to do with demand. The pandemic brought on a rash of folks performing home improvements and appliance sales skyrocketed. According to Leslie Brinkley at abcnews.com, “some retailers are reporting a two-month wait for certain brands of refrigerators and dryers”. So, if you’re in the market for one or two new appliances, take the time to strategize the price. In the end, it’s the preparation that will save you money.
Here are the 5 ways you can purchase appliances for less
Number One: Know your needs
While the bells and whistles of those smart appliances are really cool, do you really need them?
If you’re on a budget, keep in mind that these features provide “… no basic performance benefit,” according to Andrea Waroch at clark.com.
Check out what’s on offer to get an idea of the features you truly need, such as a timer on a range or a microwave. Make a list of features you truly need and stick to it, this way you’ll save money on appliances.
Number Two: Consider used appliances
One of my clients recently purchased a brand new, never-used Whirlpool range. She found it posted on her local nextdoor.com neighborhood by a couple who bought a new home and wanted stainless steel instead of black appliances.
So, this client checked out the home improvement stores and found that the same model her neighbor was offering was double in price. Yes, she snatched it up and it’s in her house now.
Just a little side note, if your area has nextdoor.com, you might consider joining it. Not only will you be able to keep up to date on what’s happening in your area, but you’ll get to know your neighbors as well. And for the sales section, you might find some other items you’re interested in purchasing.
You’ll also find used appliances for sale online at:
Also, don’t forget to look at brick-and-mortar stores that specialize in selling used appliances.
There are a few things I want to bring up when purchasing something used is you have to make sure you have transportation for the item from the store to your home. How will you get rid of the item in your house? So, do you have a service that will pick that up? And make sure you find out if there are any disposable fees. Certain things like refrigerators may charge a fee at the dump for removal.
Tack these charges onto the price of the appliance when comparing the price to the cost of new appliances. Although, quite often, the big home improvement stores charge delivery and take-away fee as well as for installation.
Number Three: Scratches and dents
If you don’t mind cosmetic defects, many retail stores offer what are known as out-of-box, scratched and dent, and customer return appliances at a reduced price.
Now, how much reduced?
According to Andrea Waroch, (clark.com) you may save “… anywhere from 10 to over 50 percent on the retail price of appliances.”
Number four: Negotiate for a discount
According to Consumer Reports, only 33% of shoppers will negotiate on large appliance deals. For those who are brave enough to haggle, 75% of them received at least $100 off the price of the appliance. Now, there may be other concessions besides lower prices. If the sales associate or manager is unable to lower the price on the item you want, they may be able to offer you something complimentary like delivery or installation or a free Holloway. So, again, it doesn’t hurt to ask.
Number Five: Steer clear of the extended warranties
This is the advice offered by the experts at Consumer Reports, and it’s the easiest way to save money on appliances.
So, when the salesman offers this to you, just smile and say, “No, thanks.”
Warranties are a big moneymaker for retailers. “According to Consumer Reports, only 33 percent of surveyed shoppers negotiated on large appliance deals,” according to Waroch.
In fact, sales of these warranties have become a $40 billion business, according to Consumer Reports.
“The chance that your refrigerator or dishwasher actually needs a repair during the extended warranty period is pretty low,” HomeAdvisor.com’s Dan DiClerico tells Consumer Reports.
Appliances typically come with a manufacturer’s warranty, which usually offers sufficient protection.
Well, this wraps up this BLOG. By taking a few extra steps could save you hundreds to thousands on your next appliance purchase.
I hope you enjoyed this article. Please let me know if you have any questions. Warren
Hello…I work with both buyers and sellers in the Tri-Valley area of Northern California. The Tri-Valley is comprised of 6 cities: Pleasanton, Livermore, Dublin, San Ramon, Danville, and Alamo. To better understand what each city has to offer, I have created a Pros and Cons video and BLOG for each – (Pros & Cons for Pleasanton, Pros & Cons for Livermore, Pros & Cons for Dublin, Pros & Cons for San Ramon, Pros & Cons for Danville and Pros & Cons for Alamo). If you are thinking about purchasing or selling a home, please reach out to me by text, phone, or email. If it is convenient, I can schedule a Zoom chat so we can discuss your home goals. Wishing you all the best on your home journey. Cheers!
DRE # 01861944
ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED THROUGH SOURCES DEEMED RELIABLE BUT CANNOT BE GUARANTEED AS TO ITS ACCURACY. SUBJECT MATERIAL MAY HAVE ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ANY INFORMATION OF SPECIAL INTEREST SHOULD BE OBTAINED THROUGH INDEPENDENT VERIFICATION.