Layout:
Home > What would you do? Buy a new fridge?

What would you do? Buy a new fridge?

June 17th, 2010 at 12:41 am

We have a friend who works at Sears. I saw her yesterday and showed her baby DS. She showed me a new refrigerator. It is one of the models I had admired on past visits. It's 'last years' model, the floor display. It is on clearance. More than 50% off, like $1100 less. 0% Sears card financing for a year.

We are going to need a new fridge - at some point. Our current fridge is a 1991 model that came with the house. I suppose it will die sooner rather than later. Should we replace it now while we can get a great deal on the fancy fridge I really like? Or wait until it dies and buy at (likely) full price?

5 Responses to “What would you do? Buy a new fridge?”

  1. MonkeyMama Says:
    1276734598

    It depends.

    My first thought is that the same deal will be there next year, likely. BUT, if you have the cash set aside to replace it, I don't think it is the worst thing to replace it now (rather than get stuck rushing to replace it when it bites the dust - quickly with less options).

    Of course, perusing your blog, I don't see that you have the cash (or you may, but you have some debt - some for appliances). Personally, if I were in your shoes, I would not buy it. If the old fridge died tomorrow, I'd pick up a used one for $50. I'd personally pay off the debt before I bought any new appliances. I've had great experiences with used appliances - I don't think new appliances are worth going into debt over (or delaying other debt payments).

  2. HouseHopeful Says:
    1276738725

    I'm with MonkeyMama - if you have some debt & its not a need, I'd hold off. There are ALWAYS good deals. Sears is known for that. My parents worked for the company for years and I can tell you, there are certain times of the year they do those deals on the slightly 'older' models. The deal will come around again.

  3. creditcardfree Says:
    1276742062

    I wouldn't take it just because it is a deal. There are always deals to be had. If yours dies you either replace/repair with cash on had while you are in credit card debt.

  4. Elisabeth Says:
    1276783660

    I'm with MonkeyMama. You don't need the debt burden. I've also had used appliances. I got a used dryer that went on to last for 10 more years and I paid less than $100. In our brand new custom home we shopped used for kitchen appliances. Fridge, range and dw for less than $250. Once again they are still working 10yrs later. We put the money saved into a wrap around to our front porch.

  5. Looking Forward Says:
    1276800202

    You are all right. Thank you!
    I have thought about buying a used fridge if our current one dies before I have the funds to buy a new one. I could buy the new one now, but that would mean using EF and this is NOT an emergencey!
    Thank you for the frugal check. It really helps me. Big Grin

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]