Have you considered the additional costs associated with major appliance buying? These set-up costs can add up and you should consider how you will manage these additional charges.
Delivery Charges
Some merchants will deliver large appliances free of charge, but others will apply a shipping charge even if you reside locally. These will vary according to their store policy and shipping distance, so you should inquire before making your purchase. If you're thinking of buying another appliance shortly, you may want to combine purchases to save on shipping.
In some cases, a high shipping charge at one outlet could render your savings at that particular store less than at another merchant where delivery is free. To avoid any delivery charges, you may opt to pick up your purchase if you or someone you know has a vehicle that can handle that type of merchandise.
Extended Warranties
Large appliance prices have doubled if not tripled, due to new innovations and high tech features. Warranty periods unfortunately have generally not increased. If your appliance investment is substantial you may want to consider an extended warranty. This could add $100 or more to your purchase price but may be worth it in the long run.
Pros & Cons of Extended Service Contracts
Why You Should Register Your Appliances
Installation Labor & Material Costs
These would be any costs required to bring your new appliance to operation mode. For example, a refrigerator with a water/ice dispenser will require plumbing materials and labor; a new range could require a gas or electrical connection; a built-in microwave with range hood feature may require a dedicated electrical outlet and custom work to inset; a dishwasher requires plumbing and electrical hook-up; and a tall replacement refrigerator may require custom work to remove or rebuild upper cabinets.
Consider where and how you will install the appliance and review the product guide or procedures which you may be able to download from the manufacturer's site. This may enable you to estimate any associated costs. When remodeling or replacing appliances that require plumbing, it's not unusual to find that some of your existing plumbing connections have corroded and need replacing. The word 'built-in' usually means that extra work will be needed to install it. This shouldn't deter you but just be prepared for the extra costs involved. You may possibly need the services of a woodworker if cabinets or moldings needs to be customized to accommodate a home appliance.
Required Components & Accessories
If you're buying a dishwasher for the first time, you'll need dishwasher detergent and rinse agent. A high efficiency washer will require HE detergent, and a stacking washer and dryer may require a stacking kit to enable its installation. Ask the salesperson if other components are required for operation. You may also want to consider optional accessories and features that could enhance this purchase. Reading your appliance manual may answer questions you might have, inform you of other available components and provide important manufacturer recommendations.
Buy Now - Pay Later Charges
Deferred payment plans can be convenient but usually have an administration charge payable at the time of purchase. Pay promptly for your purchase when the deferred date approaches as late payment charges for these types of plans are usually extremely high. Although deferral plans may be a good idea when you're in urgent need of an essential appliance, deferring the cost to later may result in a heavier burden later.
Disposal/Removal of Old Appliances
When buying a replacement appliance, if your old model has no re-sale value, try and negotiate with the merchant to have them dispose of it for you. With this kind of arrangement, they will often pick up old appliances while delivering your new one.
Old Appliance Disposal and Donation Options
If you need to dispose of it yourself, many landfills have regulations in place that refrigerators and freezers have to be prepared and tagged by a certified heating and ventilation specialist before they can be disposed of. You will have to locate such a person and pay for this service. Landfills often charge a tipping fee for large appliances and you may also need to contract someone with a truck to do the hauling for you.
Read More About Buying Appliances:
What to do After You Bring the Appliance Home
How to Handle Appliance Problems & Why Manufacturers Need to Know
10 Reasons to Read Your Product Manual
Buying tips and resources for:
- Dishwashers
- Laundry Appliances
- Microwaves
- Ranges & Cooking Appliances
- Refrigerators & Freezers
- Buying Tips for Other Home Appliances
