How to Find the Best Refrigerator for the Money

When you are purchasing new home appliances, you want to find the best possible appliance for the money. This is especially true when purchasing a refrigerator. Refrigerators are "big ticket" items that can range in price from about $150 for small office or dorm rooms to more than $2,000 for larger kitchen models. When purchasing a new refrigerator, the cheapest one is not always the best, and there are other factors to consider.

  1. Choose the type of refrigerator that you wish to purchase based on your needs and the amount of space you have for the appliance. There are a variety of styles and types of refrigerator on the market, such as top-freezer models, bottom-freezer models, side-by-side models and french-door models. Some refrigerators come with ice makers and ice and water dispensers on the door. Refrigerators can be stainless steel, white, black or designed to look like your cabinets. There are also a variety of sizes of refrigerators ranging from the small office or dorm refrigerator of about 4.5 cubic feet to larger models that are more than 27 cubic feet.

  2. Check sources such as Consumer Reports and cnet.com for reviews of particular refrigerator models and types. These reviewing sources will often give you recommended choices based on quality for the price, as well as listing features on all models and their prices. This will allow you to narrow down the types of refrigerators in which you are interested.

  3. Set your price limit. Once you have researched the various types of refrigerators, you must determine the maximum amount that you are going to spend on the refrigerator and use the number as a benchmark for negotiating price.

  4. Research home appliance stores. Check with Best Buy, Sears, Lowe's, BrandsMart USA and other home appliance stores to find the retailers who stock the refrigerators that you are interested in purchasing. Write down the prices and see how they stack up against your price limit. Make sure you are comparing refrigerators that offer the same or similar features that you need--such as size, style and color. At the store, look for floor models and the last item in stock, which are often bargain priced. Negotiate with the salesperson to obtain the best price.

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