As you might have guessed, we got a new washing machine. Two kids in cloth diapers means doing a lot of laundry. It cost $700 regular price (same price at Lowe's and Best Buy). All told, it cost us less:
- -$35: On sale. Lucky us.
- -$50: I asked. Mind you, I am a terrible negotiator. However, I have two things going for me that help a lot. One, I'm willing to ask. Two, I know what I'm willing to pay, and I'll walk away if I don't get my price. The corollary is that I'm ready to buy if I do get my price; I'm not just playing games, and I want the salesman to know that. Apropos, the NY Times just had an article about negotiating at big box stores (the gist is: you can). I told the sales guy: "This can be the easiest sale you make all day. Take $50 off and I'll buy it now."
- -$60: Free delivery and installation promotion (in-store only). Luckier us. I did ask if we could skip the installation for a discount, but no dice.
- -$85: I bought gift cards at a discount ranging from 8% to 20% on eBay, Craig's List, and Card Avenue.
- -$50 (forthcoming): City of Austin water rebate for buying a high-efficiency washer.
- -$50 (forthcoming): Texas Gas Service rebate for same.
- -$50: sale of our old washer, which was perfectly good, just not very efficient. Best Buy offered to take it away for free; while convenient, that gets no moneys.
Note that you can also use coupons. Sometimes they have restrictions, so make sure they're valid for what you want to get. You can get these coupons on eBay or elsewhere. Little known fact (even to employees): some stores will take competitors' coupons; I've saved about $60 over the last few weeks using Lowe's coupons at Home Depot.
Overall, our net hit will be something like $380, after figuring in taxes and such. We're currently on a rate of 2-3 loads of laundry per day. High-efficiency front-loaders save you money by using less water, but they also save money because your clothes are less sodden when you put them in the dryer. In the current economy, getting a 5% yield on a safe investment is pretty good; 10% is great. I estimate we'll save between $60 (very conservatively) and $120 (more likely) each year, which is a yield of 15%-30%.
We're also saving money by getting our detergent 1 through Amazon's "Subscribe & Save" thingie; that gets us down to $0.15/load2 (which still costs more than we were paying before, but that's because we were using the super-cheap (and quite good) Purex).
¶ 1704 Posted at 08.58 AM ⇒
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