When it comes to designing a luxury kitchen, high-end appliances are a must. But are they really worth the investment? In many cases, luxury appliances are designed to last even longer than their average-priced peers. They offer cutting-edge features with a modern design, higher return on investment, and generally last longer. Luxury kitchen appliances use better parts and undergo more rigorous testing to ensure your product lasts.
So, do high-end appliances depreciate? Yes, but an interesting thing about luxury appliances is that they do not depreciate as much as cheaper models. In fact, it's not even close. Most high-end appliances hold their values extremely well, which is really good considering how much they cost. While cheaper appliances are worthless once they have been used, luxury brands such as Viking, Gaggenau and Miele have some of the best resale values of any household appliance on the market.
The average service life of a generic kitchen appliance is 5-10 years, however more than 85% of luxury appliances manufactured in the last 100 years are still in use today. There is a significant difference between the lifespan of a luxury appliance and one you can buy at an average retail store. When it comes to designing a luxury kitchen, how can you not buy high-end appliances? They have some of the best resale values of any high-end range on the market, mainly due to their name recognition, incredible quality and reliability. With Gaggenau, you have a distinctive industrial style designed by Bang & Olufsen.
As with all of these luxury brands, they will argue that they have a much better value than standard appliances. However, here in the United States they are not as well-known as other brands such as Wolf, Viking and Subzero, which can make reselling a little more difficult. But with brands like Miele it's not so bad. Do high-end appliances increase the value of the house? The answer is yes and no.
You can expect reliability and longevity from luxury appliances, as they are made with expert craftsmanship and high-quality parts, contributing to lower maintenance, fewer repairs, and overall a more durable appliance. Appliance packages can easily cost us 50 thousand dollars, but after 20 years, homeowners could sell those appliances for 30 to 40. Most luxury appliance manufacturers offer many colors, moldings, handles and knobs so you can design the look of your appliances to suit your style. While high-end appliances are priced higher, you can count on them to outlast standard appliances to offset the higher upfront cost. If you've had your eye on the latest cutting-edge, professional-quality luxury appliances but you've been trying to convince yourself not to pull the trigger - here are five reasons why you should indulge in the best high-end appliances on the market:
- They offer cutting-edge features with a modern design
- They have higher return on investment
- They generally last longer
- They use better parts and undergo more rigorous testing
- They hold their values extremely well
We talked about what makes luxury appliances last so long - so let's talk about some of the things that differentiate them from other cheaper appliances that we're used to seeing.