Equipping the kitchen with modern appliances is convenient and a practical investment in everyday life. From compact food processors to advanced coffee makers and multifunctional stoves, small devices have become highly efficient helpers that save time and elevate home cooking to a new level. However, quality comes at a price: many devices cost $200 or more, a noticeable expense for a family budget.
If you are planning to update your kitchen appliances, it is important to approach it wisely. Instead of spending a large sum all at once, it is worth determining in advance which appliances are truly necessary, waiting for seasonal sales, or choosing models with basic functions. This approach helps save money without compromising quality. And if expensive appliances are essential, you can consider a loan up to $500 with flexible repayment terms — enough to purchase more functional devices, especially if the old ones are no longer working.
Learn how to save money on appliances and maximize the value of your kitchen appliance purchase.
Look for Discounts and Seasonal Sales on Kitchen Appliances
One of the easiest ways to save money is to take advantage of discounts and big sales events. Retailers offer huge price drops during certain times of the year. Here are the best times to shop:
- Black Friday and Cyber Monday. These are two of the year’s biggest shopping events, usually in late November. Retailers like Walmart, Best Buy, and Amazon offer discounts on small kitchen appliances. Air fryers, coffee makers, and blenders have seen up to 50% price cuts during these sales in recent years.
- End-of-season sales. Stores often clear out old inventory to make room for new models. It means you can find cheap deals on last year’s appliances in January (after the holidays) or at the end of summer.
- Prime day and other special retail events. Amazon Prime Day (typically in July) is another great time to find discounted kitchen appliances. Many other retailers also offer special savings during these events to compete with Amazon.
By planning your purchases around these sales, you can get high-quality appliances for a fraction of their original price.
Buy Refurbished or Open-Box Items
Another great way to save money is by buying refurbished or open-box items. Many people return products shortly after buying them, and retailers resell them at a discount. Here’s what you need to know:
- Certified refurbished products. These appliances have been inspected, repaired (if needed), and certified by the manufacturer or retailer. They work like new but cost much less.
- Open-box items. These are products that were returned but never used. They might have damaged packaging, but the appliance is usually in perfect condition.
Retailers like Best Buy, Amazon, and Walmart often have sections for refurbished or open-box appliances. Buying these can save you 20-50% compared to buying brand-new items.
Use Cashback and Rewards Programs
If you shop regularly, utilizing cashback and rewards programs can help you save money over time. Many credit cards offer cashback on purchases, so using one that provides 3-5% cashback on shopping can save you money whenever you buy an appliance. Retailers like Target and Walmart offer store loyalty programs, which reward customers with points or discounts on future purchases.
Cashback apps such as Honey also provide cashback for online shopping. They automatically search for discount codes, helping you save even more. While the savings may seem small initially, they accumulate over time, significantly impacting when purchasing expensive appliances.
Compare Prices Before You Buy
Never buy an appliance without checking prices at multiple stores. Different retailers may offer different prices, and some may have special promotions. Here’s how to compare prices easily:
- Use price comparison websites. Websites like Google Shopping, PriceGrabber, and CamelCamelCamel (for Amazon) help you see price trends and find the best deals on kitchen appliances.
- Check multiple retailers. Look at major retailers like Amazon, Walmart, Best Buy, and Target to find the best price.
- Wait for price drops. Some websites and apps allow you to set price alerts to be notified when an appliance goes on sale.
Buy Bundles or Multi-Function Appliances
Buying a bundle or an appliance with multiple functions can help you save money in several ways. One way is to look for kitchen appliance packages, where some stores offer discounts when you purchase multiple appliances together. For instance, you might get a special deal when buying a toaster and a coffee maker as a set.
Another option is to choose multi-function appliances. Instead of buying separate devices for different tasks, look for one that serves multiple purposes. For example, an Instant Pot combines a pressure cooker, slow cooker, rice cooker, and more in one device, saving you money and freeing up space on your counter.
Consider Financing Options When Necessary
Sometimes, you need a kitchen appliance right away, but your budget doesn’t allow for a big purchase. In these cases, financing options can help:
- Store financing plans. Some stores offer financing plans with 0% interest for a set period. These plans let you pay for your appliance in installments without extra fees. Just be sure to pay off the balance before the promotional period ends to avoid high interest rates.
- Buy Now, Pay Later (BNPL) services. Companies like Affirm, Klarna, and Afterpay let you split your payment into several smaller payments over time.
- Small loans. If you need extra money to buy an appliance, a small loan can help cover the cost. Online services offer quick, easy loans with minimal credit checks.
- Credit card purchases with 0% Intro APR. Some credit cards offer 0% introductory APR for a period (usually 6-18 months). If you pay off the balance before the introductory period ends, you can have time to pay off the appliance without accruing interest.
- Retailer payment plans. Many large retailers provide their payment plans, often with flexible terms. Depending on the promotion or your credit profile, these plans let you pay in installments, sometimes with low or no interest.
It is important to choose the right option based on your budget and repayment ability. Financing can be a great tool, but make sure you can afford the payments to avoid unnecessary debt.
Final Thoughts
Small kitchen appliances can be expensive, but you can make them affordable with the right strategies. Shopping during big sales, buying refurbished or open-box items, using cashback programs, and comparing prices can help you save a lot of money. If you need an appliance immediately but don’t have enough savings, financing options like store plans, BNPL services, or small loans can help bridge the gap.