10 Secrets to Getting the Best Deals on Appliances

FOXYOXIE.com 10 Secrets to Getting the Best Deals on Appliances

We first got into property investing in 2015 – without even realizing it at the time. As you can imagine, we’ve bought quite a few appliances since our first renovation in 2015. Appliances are a major purchase, no doubt. As promised, today I’m sharing 10 of my biggest secrets for getting the best deals on appliances. If you’re in the market, you’ll want to bookmark this post for reference!

So, let’s get to it.

FOXYOXIE.com 10 Secrets to Getting the Best Deals on Appliances

1. Wait for holiday sales and promotions.

This information is likely obvious for most, but there are certain times throughout the year you’re more likely to get the best deals on appliances.

Depending on our project timelines, we typically try to purchase major appliances around Memorial Day, Independence Day, Labor Day and Black Friday, the latter of which has the biggest sales of the year. You can find more moderate savings around Christmas, President’s Day, Martin Luther King Jr. Day, and Columbus Day.

Having said that, most retailers have sales and promotions at all times of the year that are sometimes just as good as the holiday sales; you just have to check consistently.

For example, last week I purchased a refrigerator for the Greystone House at $700 off. We bought the same refrigerator for the Greenfield Remodel last Black Friday for approximately the same price.

All that to say, if you need an appliance now, don’t wait until a holiday sale to purchase it; the discount may not be that much bigger than current promotions.

FOXYOXIE.com 10 Secrets to Getting the Best Deals on Appliances

2. Know the best time to buy your particular appliance.

If you’re not after the latest model, the best time to buy older-model appliances is when the new models roll out. It differs based on the appliance type, too.

So, the best time to buy washers, dryers and dishwashers is in September and October. If you’re in the market for a new refrigerator, the best time to buy is in May. Last but not least, ranges and ovens have the best deals in January. These are all general guidelines to consider if you’re in the market.

FOXYOXIE.com 10 Secrets to Getting the Best Deals on Appliances

3. Buy seasonal appliances in the off-season.

The secret to getting the best deal on seasonal appliances like air conditioners, heaters, furnaces, boilers, and outdoor grills is buying them in the off-season, or during periods when those appliances are not frequently used.

To make up for low demand, retailers typically discount seasonal appliances in the off-season. For example, the best time to buy an outdoor grill is in September or October, when summer comes to an end. Similarly, the best time to buy an air conditioner or heater is September through November or from March through May – two periods when HVAC demand is low and supply is high.

FOXYOXIE.com 10 Secrets to Getting the Best Deals on Appliances

4. Compare prices online.

I’ve previously shared an entire blog post on finding the best deals online, so if you’re big on online shopping then be sure to check that out.

Another more-recent and super helpful tool I use all the time is Google Lens. It’s available on desktop through Chrome, as well as on the Google app. Google Lens is basically a tool that lets you search any image you come across on the Internet.

Say you found a refrigerator you like. In Chrome, just right-click on the image of the refrigerator and select “Search Images with Google Lens.” Google will then display all other websites that have that photo, along with prices where applicable.

FOXYOXIE.com 10 Secrets to Getting the Best Deals on Appliances

5. Shop pre-owned or refurbished.

Craigslist, Facebook Marketplace, and eBay’s Refurbished Program are all great places to find the best deals on appliances that have previously been used. As long as you know what you’re doing, the savings are unmatched.

We’ve had great success buying pre-owned appliances on Marketplace; we once scored a brand new refrigerator for the Edgmon kitchen at half-off the retail price! If you’re not hard-pressed by project timelines and have time to search, you can score some really good deals on Marketplace on new or almost-new appliances.

eBay’s Refurbished Program is another great option for buying pre-owned, because all appliances are tested for proper operation prior to being sold. That extra level of confidence makes me that much more comfortable purchasing pre-owned appliances for newly renovated properties.

Buying refurbished appliances is a great option if you’re in the market for high-end appliances, seeing how there’s currently a shortage on them and shipping estimates can be as long as 12-24 months!

Keep in mind, though, that some retailers allow you to return refurbished items while others do not. Familiarize yourself with the return policy beforehand to avoid potential issues.

FOXYOXIE.com 10 Secrets to Getting the Best Deals on Appliances

6. Bundle.

Say you’re remodeling your entire kitchen and looking to upgrade most or all appliances. You can save up to 20 percent by bundling four appliances!

When we were purchasing appliances for the Greystone House, we were looking for a refrigerator, range and dishwasher. We did not, however, need a microwave, because the microwave at the Greystone House is small and hidden inside the appliance garage. But instead of buying the 3 appliances separately, it was more cost-effective for us to add a microwave to the bundle.

In other words, the price for a 4-piece appliance bundle was less than had we bought 3 appliances separately. We then ended up using the microwave at our Bennett Rental, but even if we had no use for it, bundling was still the smartest choice.

FOXYOXIE.com 10 Secrets to Getting the Best Deals on Appliances

7. Buy floor models.

Retailers constantly update their showrooms as seasons change. Older floor models get replaced by new models. So the next time you’re at Lowe’s or Home Depot, speak with the store manager and ask what floor models will be switched out and when.

Our local big box stores also have heavily discounted appliances in the back of the store; maybe yours does too!

FOXYOXIE.com 10 Secrets to Getting the Best Deals on Appliances

8. Sell your old appliances to offset costs.

I’m always a big fan of doing away with the old in order to make room for something new, whether that’s appliances, furniture, decor, clothing, the children’s toys, etc. Selling the old can help offset the costs of the new, so if your appliances are still functioning, give Facebook Marketplace a try!

When we were renovating the Greenfield kitchen, the original appliances were in decent shape, so we were able to sell them all on Marketplace to help offset some of the cost of new ones.

FOXYOXIE.com 10 Secrets to Getting the Best Deals on Appliances

9. Consider scratch and dent retailers and open-box deals.

Scratch and dent retailers sell appliances that have cosmetic damages. Look for products with the damage in places that aren’t typically visible, like the side or back of an appliance. You can score major discounts shopping scratch and dent stores! Just google “scratch and dent” with your city name, and I’m certain a couple will pop up.

Other retailers offer open-box deals, which are discounted appliances in conditions ranging from excellent to fair – and priced accordingly. Best Buy has an amazing open-box selection of appliances, although some are limited by location.

FOXYOXIE.com 10 Secrets to Getting the Best Deals on Appliances

10. Consider high-end appliances for bigger discounts.

Sometimes, higher-end appliances will have larger discounts than lower-end ones. So if you expand your search to include items slightly out of your budget, you can sometimes find a higher-end product at a price that isn’t that much higher than a lower-end product.

For example, the average promotion for lower-end laundry machines — $649 and under — is 10 percent. For units priced from $650 to $900, discounts typically average 12 percent. It’s only when a unit is priced at $1,650 or more that consumers are likely to see price drops of 22 to 23 percent, according to Consumer Reports.

Tell me: Did you learn anything new today? Any tips you’d like to add?

If you end up using any of these appliance shopping strategies, I’d love to hear what you bought and how much you saved! Leave a comment, below.

Looking for more inspiration? Check out the following:

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