written by: Lynn•edited by: Rebecca Scudder•updated: 6/4/2010
When is the best time to buy appliances? There is a simple answer but there are many things to consider before making the commitment to buy. Appliances are a major purchase and one that you should research carefully.
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The best time to buy new appliances for your home is early Fall. Every year during September and October manufacturers will unveil their new line of appliances in the latest colors and designs. As a result retailers will need to clear space in the warehouse and on the sales floor. If you are not the type to be wooed by the latest and greatest this could be prime buying time for you. However, before you head out the door, take the time to do a little research. You can start by reviewing circulars at sites such as sundaysaver.com. Not only can you review circulars but you can compare prices and print coupons as well. Next, make a list of must-haves in your new appliance. This will keep you from being distracted by flashy and often costly bells and whistles.
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Even though the best time to buy new appliances is in the Fall you should always be on the lookout for hidden fees. There are several questions that you will need to ask your retailer. Start with asking if your purchase will include free delivery and if there is a fee for set-up and installation. Some retailers will waive these fees, especially if you are using a store credit card. If this is the case, make sure the interest you will pay to your credit card company does not cut in to your overall savings. Another alternative is to take the do-it-yourself approach. Just a word of caution here, this can be easier said than done. I have the dent in my own refrigerator to prove it. Make sure that you have the proper tie downs and vehicle needed to do the job. Take measurements and clear a path ahead of time. Finally, make sure that you have the tools that will be needed as well as the additional parts, accessories and connectors. Do not just assume that they will be the same as what was used on your old appliance.
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The next decision to make will be whether or not to purchase the extended warranty on your new appliance. Typically, your appliance will come with a standard one year warranty and you will have the option of purchasing an extended warranty. There is a lot of debate on this subject. If your are purchasing an unusually expensive appliance, think restaurant quality, then you may need the extra security that an extended warranty would offer. Personally, I have never had a problem with my appliances that would justify the high cost of this type of coverage.
The best time to buy appliances is before your old one stops working properly. If you wait until your old pea-soup green range bites the dust leaving you in a desperate situation you are more likely to pay a lot more for a replacement. Finally, do not forget to look for the energy star sticker on your new purchase, this will save you even more money over time by lowering your electric bill.