Whether you are searching for a new dryer or need to replace a dishwasher, buying a new appliance can be frustrating when you don‘t have a lot of money to spend. If you know where to look, however, there are some cheap places to buy appliances.
Home Improvement Centers
There are three optimum holiday weekends to buy appliances from a big hardware store, Memorial Day, the 4th of July and Labor Day. Prices are slashed, discounts are given and often free delivery is offered as an incentive for you to make your purchase over the holiday weekend. Home Depot and Lowe’s will match competitor prices, and there are normally a wide selection of appliances at both. If you can’t wait until the next holiday to make a purchase, there are usually a couple of lower-end (priced) models you can buy that are incredibly affordable but don’t have all the bells and whistles of their more moderate or high-end counterparts.
Wholesale clubs charge a fee to become a member, but if you have a way to get your appliance home by yourself and you’re not too choosy about the manufacturer, wholesale clubs such as Sam’s and Costco are excellent places to get higher and mid-range appliance models at much lower prices. Supplies will be limited and what is there one day may not be the next. Prepare to bring the appliance home with you on the day you see it, or it may be out of stock when you return.
If you don’t mind buying a used appliance and purchasing the product “as is,” visit a local salvage store to get a workable washing machine or refrigerator at a rock-bottom price. Although some stores may offer refunds if the appliance doesn't work when you get it home, others may give your money back only if you bring it back within a certain number of days, or stores may have a “all sales are final” policy. Inquire how it handles returns before you buy.
If you don’t mind scratches, dings or dents, Sears Outlet can be a place to find a new appliance at a cheap price. Because Sears uses its outlets as clearance centers for returned, defective or damaged merchandise, savings can be substantial with discounts ranging anywhere from 15 to 50 percent off the original retail price. Selection will vary depending on what has come in, but merchandise that stays around a while will continue to be marked down, so waiting for the price to go lower can pay off, if someone else doesn’t see it and buy it first.