Option 1- Buy It Used
If you want to buy something used online you don't have to look that hard with sites and services like Craigslist or Offerup. They allow you to see what people are selling used, or sometimes new, in your area. Used appliances sometimes pop up at stores like Goodwill but may be in rough condition. I have seen them when I'm looking for furniture to make my own. I even have used appliance stores in my area, I'm sure you do to, that may come with a warranty which may put you at ease.
Option 2 - Black Friday
Another option to finding cheaper appliances is waiting until Black Friday. I looked at some of the deals this year and didn't think they were that much better than normal deals. I was looking around in early August and a lot of the stores had a sale and those prices matched what they had when Black Friday came around. Plus, there is always a "sale" whether that be Labor Day, Veteran's Day, President's Day, or heck, I'm sure Arbor Day even has something.
Option 3 - Outlet Store
In my opinion this is your best option and the one I use the most consistently. Outlet stores, like Sears take damaged units, displayed units, or ones that have been returned and allow you to buy them for a steep discount. Be aware that buying from an outlet store means they will be damaged and you need to be okay with that. For me it makes sense to buy them this way because they are for rental units or what will be a rental unit. This means at some point they will get damaged, they might as well come that way and I get a discount for it!
Here are some examples of the purchases I've made.
My price - $773.94
Retail- $1100 - $1500
My Price - $320
Retail - $719.99
My price: $404.98
My price: $404.98
Retail: $750 - $800
My Price: $305
If I am going to have to buy a new appliance I've been using an outlet store. For me, it makes the most sense because I am able to get something that is brand new but is half the price. Yes, it will be out of the box, or had been used as a display, heck it'll probably have a few scratches on it but it is still brand new and nice quality. I mean, my washing machine has WiFi!
Personally, I don't want a used appliance that may break in a few years or an older product. I understand a counter argument if I'm buying damaged appliances and willing to spend and extra $200 over the used one I might as well spend the extra $400 and get a non damaged one. I see that point and it's valid, but for me with these either being in rental units, or going to be, at some point they will be damaged. It's not a matter of if, but when. In the long run it doesn't affect me if they are already coming with a few scratched or dents on the side that I can't see and don't impact functionality because either a renter will do that or I will at some point.
HELLO AND WELCOME!
I'm Jake, a dude interested in personal finance and travel creating the life I choose.
In 5 years I went from living in a basement with Craigslist roommates to paying off 90k of debt, backpacking 3 continents, getting a house for myself and 5 rental units.
Read my story in the about me section.
All photos on the blog are from my travels
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