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Real Estate News and Advice |
December 5, 2008 |
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How To Find Appliance Bargains
by Broderick Perkins
If rising energy costs find you beating the bushes for more energy efficient appliances or if you are simply looking to replace aging models, you can save some money knowing when and where to purchase what. But first, a caveat to shopping for bargains for the who -- you. Certain appliances (and a host of other household items) typically go on sale at certain of the year, but unless you do your home work, you won't know if it's really a sale or you are just being taken by a retailer who marks up to mark down. As a home owner who will eventually have to replace major appliances it's a good idea to comparison shop prices of identical models of a given item, at as many stores as possible, from time to time, before you need to actually buy the item. If you know the going price of an item when the retailer announces a sale you'll really know a bargain when you see one. This brings us to one more caveat. Comparison shopping for appliances can get dicey, because manufacturers frequently change models. You'll have to begin your comparison shopping as near as possible to your actual buy time, but before the sale. Luckily, Consumer Reports helps takes some of the guess work out of when to shop. It recently revealed that certain appliances typically hit the sale floor at times you can pretty much count on. When your fridge dies, a sale isn't going to help, but if you've done your home work you can still shop for a bargain. Here's the deal.
CR also examined a survey from 6,000 readers and found that where you buy your appliances can also make a difference to your bottom line. CR found that none of the major retailers (Best Buy, Costco, Home Depot, Lowe's, Sears) could beat local independents for prices on ranges, refrigerators, and other large appliances, and only Costco and Sears beat smaller retailers' prices for smaller appliances such as grills and vacuums. Mom-and-pop store prices even won out over mighty Wal-Mart and Target, both of which only sell smaller appliances. As well as putting a grimace on Wal-Mart's "Always low prices. Always." happy face, independents also took it to the chains in other shopping categories.
Published: August 26, 2005 Use of this article without permission is a violation of federal copyright laws. Related Articles:
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