Save Money On Appliances

Need to replace one of your appliances but afraid you can't afford to? Consumer Reports can help you find the best deals and save, save, save.

When Cathy Workman's dishwasher broke, she needed a new one fast. But she still took time to compare prices.

"I called one store, another local store that I know has competitive prices, and I just made sure that the price was not out of line," said Workman.

Consumer Reports says if you're not in a rush, you can save even more.

"Retailers have sales throughout the year, so you need to keep an eye out." said Consumer Reports' Don DiClerico. "You can check newspaper ads, or even better, sign up for e-mail alerts that'll give you a heads up."

But Consumer Reports says be aware, sales aren't usually across the board.

Sears in particular employs what's called a hi-low strategy. It lists some items at sale prices, while marking up others.

And it pays to register on manufacturers' Web sites. You can save through mail-in rebates and other special offers.

GE recently offered free stainless-steel upgrades on select appliances.

Maytag offered cash back of up to $500 when purchasing multiple appliances.

"Tax credits and rebates on energy-efficient appliances like washing machines and refrigerators are another great way to save," said DiClerico.

You can also use online deal finders like MySimon.com and PriceGrabber.com to find the best deal.

"You should print out the lowest prices you find, and take that to retailers with low-price guarantees so you can negotiate for a better deal," said DiClerico.

Home Depot, for example, promises to beat a competitor's price by 10% on in-stock items.

Another way to save on appliances-forget shelling out money for an extended warranty.

Consumer Reports' surveys reveal most appliances don't break during the extended warranty period, so you're likely wasting your money.


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