Q:

How do you price a used refrigerator?

A:

Quick Answer

To price a used refrigerator, determine its make and model, examine its condition, research the current new value and look up the prices of other similar used refrigerators. The value of the refrigerator may also vary depending on where it is sold.

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Full Answer

To determine the manufacturer and model of the refrigerator, consult an instruction manual or receipt. If neither of those are available, move the refrigerator away from the wall, and look for a tag on the back of the refrigerator. Write down any pertinent information, such as the year it was made and the size of the unit.

Next, examine the refrigerator for damage. Check the drawers, handles and shelves for scratches and dents. Check to see if all of its electronic features, such as an ice maker or water dispenser, work properly. Once you determine the condition of the refrigerator, research what a new unit of the same type costs. You can search for the make and model online or call various retailers for a quote.

The last step is to compare the used refrigerator with similar used refrigerators. Check online classified ads and used appliance retailers. Look for local prices first because they may vary by region. If you are not able to find the exact refrigerator for sale, look at refrigerators made around the same year that are similar in size and features.

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