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The five things to know when buying appliances

Monday - 10/24/2011, 5:03am  ET

WASHINGTON - It's that time of year again when appliance stores are lining up for your money.

But before you buy, WTOP saves you money.

Consumer Reports has a list of the five things appliance stores don't want you to know.

  • Extended warranties typically don't pay. On average an extended warranty winds up costing the same as the repair bill.

  • Price is always negotiable. If you've never haggled over the sticker price of an appliance, you're missing out on possible big savings. Find the manager and ask if what you want can be had at a cheaper price.

  • Energy Star doesn't guarantee energy savings. While the federal labeling program is a good starting point, you can't just choose an Energy Star model and assume you're getting maximum efficiency.

  • Free haul-away can cost the planet. Those free disposal programs usually mean a one-way trip to the landfill.

  • Small appliances are often cheaper online and on TV.Amazon.com and the QVC shopping channel had some of the best prices, and Amazon stands alone in terms of selection.

WTOP's Del Walters contributed to this report. Follow WTOP on Twitter.

(Copyright 2011 by WTOP. All Rights Reserved.)