A homeowner keen on improving the quality of life in their home will consider spending on new appliances. There are a variety of reasons why one will plan on upgrading their appliances. One such reason is that homeowners are increasingly becoming environmentally conscious. More homeowners are looking for eco-friendly appliances that help conserve the environment. Rising utility costs are also another reason to choose newer models.
Choosing to replace your old washing machine, refrigerator, or microwave might prove crucial to reducing your energy costs. Modern appliances are energy-efficient. The technological advancements mean modern appliances use less energy and deliver better performance than their older counterparts. A modern cooking stove, for instance, is 85% efficient, compared to old models that are about 32% efficient. A new wash and dryer machine uses about 25% less energy as well as 33% less water in comparison to the old models.
Hire purchase for appliances
Cost is always one of the primary considerations for a homeowner when they intend to buy appliances. Most appliances are expensive, especially the best brands and quality. Some homeowners opt for cheaper models, but end up compromising on the quality of appliances. However, if you do not have the finances to make a cash purchase, it is advisable to find financing options available. One such option is a hire purchase contract.
How to use hire purchase to acquire appliances
Hire purchase remains a favorable option for a homeowner keen on financing options available to them. A hire purchase agreement allows a homeowner to acquire appliances at only a fraction of the cost as a down payment. After the down payment, they homeowner acquires and uses the appliances as they continue to make payments to clear the balance.
Considerations when purchasing appliances on a hire purchase deal
Before signing a hire purchase deal, it is advisable to consider the reputation of the company selling you the appliances. One can only enhance their chances of benefitting from quality services when they choose a reliable hire purchase company. To learn the reputation of a hire purchase dealer, find comments, reviews, and ratings from their past customers.
It is advisable to spend time reading the hire purchase agreement before signing it. Investing effort and time to review a hire purchase contract helps you determine hidden charges or costs. This will save you money in the long run.
Kenya Credit Traders is the leading hire purchase dealer for home appliances and furniture in Kenya.
