What Appliances Should Cost

Every day, consumers get ripped off buying home appliances during end-of-year sales. While it may seem like a good idea to jump on any opportunity to buy an appliance for less than what it typically costs, it’s also important to make sure you don’t waste any money on a lemon just because a sale seems enticing.

appliancesConsumer research company Canstar Blue recently released the results of their studies on top-rated appliances in all categories, demonstrating how much shoppers tend to pay on average and how that correlates to how long you can expect an appliance to last.

“It’s easy to get lost in the moment when you’re surrounded by all those sales signs and low prices, but before you splash out hundreds of dollars on new household appliances this June, ask yourself whether you’re really getting a bargain,” advises Megan Doyle, head of Canstar Blue.

“Just because something is cheap, doesn’t mean you’re getting a deal,” she continues. “It’s always tempting to buy the cheapest washing machine, dishwasher or clothes dryer you can find, but if that appliance end sup giving you grief a few months later, you might come to regret your decision.”

Canstar Blue surveyed over 30,000 people and in doing do found the standout brands that lead in customer satisfaction: Fisher & Paykel and Miele. Both brands topped two categories each.

“The fact that two of the more premium brands have stood out in the ratings speaks volumes. It’s quite often the case that you get what you pay for,” concludes Doyle.

That’s not to say that all cheap appliances are garbage, but customers who spend a little extra upfront are generally more satisfied with their purchases in the long run.

“That’s something to keep in mind when you’re out bargain-hunting.”

bargainsCanstar found that another reliable way to ensure that you’re getting a good price is to research and keep in mind what the average shopper pays. For example, for front-load washing machines, the average shopper pays about $879. Top-loading machines tend to cost a little less, somewhere in the ballpark of $680. Clothes dryers average $531, while dishwashers are closer to $848. Refrigerators are by far the most expensive appliances, tending to cost an average $1224 each, while ovens stay in the $878 range and microwaves typically cost a measly $223.

“These are just the average amounts” reminds Doyle, “but they give you a good idea of how much you can expect to pay for these appliances… Really it’s a trade-off between cost and quality. Generally speaking, the more you’re willing to pay, the better quality you’ll get, and the longer your appliance will last.”

It’s worth noting that front-loading washing machines tend to last between six and seven years, while top-loading machines last nine or ten years. Clothes dryers and dishwashers each last somewhere in the seven- to eight-year range. Refrigerators last about a decade, and ovens last a little longer than that, scoring around 12-13 years.

“When you’re bargain-hunting this end of financial year, this is great information to go armed with,” assured Doyle. The better informed you are, the happier you’re likely to be with your new appliance.

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