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Wednesday, February 2, 2011

Money-Saving Tips: Where to Find Discounted Home Appliances

Appliances don't have to be expensive and there are many discounts available. For the price of one new premium fridge a new home owner could by 5 appliances that all work and have a warranty on them. There are many ways to achieve discounts on appliances, and this articles will outline several of them starting with the retailer discounts then moving to the more obscure and harder to find discounts.
Retail discounts
Retail discounts comprise reductions in price provided by the end distributor of new appliances in the logistics chain. By the time appliances reach these retailers prices have been marked up to include shipping, storage, manufacturer and retailer costs and profits. The retail store is likely to be the most expensive place to purchase an appliance but even retailers need to update their goods and cycle out their products. A few of ways retailers do this through the following methods.
• End of year clearance sales
• Store credit card discount
• Multiple purchase discounts
• Going out of business sales
The savings obtained through retail outlets generally range between 5-20% of the retail value which can be significant especially if one is intent on purchasing a new appliance.
Used appliances and repair shops
Another way to obtain discounted appliances is to purchase them through various private retailers who specialize in used and/or repaired appliances. These stores may be found in the yellow pages, word of mouth, lower class neighborhoods and sometimes through knowledgeable Realtors and/or real estate agents. The prices obtained through used appliance and repair shops may be very good and discounted as much as and sometimes more than 50% with a 6 month warranty in some cases.
Direct from a manufacturer or wholesaler
Depending on where one lives and what kind of transportation one has, an appliance or appliances may be obtained direct from a wholesaler or manufacturer. Wholesalers may be the manufacturer who sell appliances to retail outlets but may also have certain agreements that allow them to sell directly to the public.
In such cases the appliances may be discounted due to lower transportation costs, less amount of time in storage and because there is no retailer mark up. One may have to either pick up the appliances with a truck or have them freight delivered. In the case of freight delivery, the cost of the delivery may outweigh the benefit of the discount.
Alternate sources of obtaining discounted appliances
 In addition to the retailer discounts, used and wholesale sellers, there are also a few other methods to obtain discounts on both new and used appliances. Those methods include the following:
• Shopping clubs
• Garage and Estate Sales
• Newspaper classifieds
The disadvantage of private purchases is there may be no warranty with the purchase but the cost may be very good. One might be advised to have a little knowledge of appliances and some knowledge of what to look for before purchasing through this method. Also, when using shopping clubs, one should carefully consider the amount of the membership fee in comparison to one's expected amount of purchases with the shopping club discount.
If one doesn't need to buy anything or much, the shopping club fee, product prices after discount may not be worth it. Shopping clubs may be useful for newlyweds, new home-buyers and individual business owners who need to furnish property often.
In summary, an appliance shopper really doesn't have to buy appliances at the most expensive retail price. If one is willing to shop around, do a little research and spend a little time, the savings can be enormous. The appliances one obtains can also be the one's wanted especially if they are purchased through a retail closeout or going out of business sale.
Depending on one's priorities, even the most finicky of shoppers can save money on appliances. The above methods can all yield significant discounts, some of which have the potential to offer more savings and reliability in terms of warranty and /or service agreements.

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