Confused when buying a microwave from a group of three: first costing $85, second $150, and the third $65? Apparently, the one costing least seems the best deal.
But wait, and scroll down before making a decision: Location of Delivery: The distance between the point of service and the destination point is a major factor that controls the cost of ovens.
If you feel like going an extra mile would not make much difference in terms of quality, it is better to look for them in the vicinity.
This would help in cost management and make it more convenient to bring it home.
If bought from a nearby store, the ovens cost much less to the shopkeeper.
Ultimately, you stand first to avail the profits.
Apart from that, the chance of mishandling is also in direct proportion to the distance traveled, not by you but by the microwave.
Maintenance Cost: Every machine is known to wear down with the flow of time and this raises the issue of maintenance cost.
This cost is affected by a certain number of variables like the type of equipment used, the guarantee/warrantee period, and the control circuits.
Consumption of Electricity: The less power an oven consumes, the lesser would be the number of zeros in the electricity bill.
Buying a microwave only because its maximum retail price is less may prove you a short-sighted fool in a very small time period.
Be smart, ask for the one that clearly mentions the rate of power consumption.
In doing so, you not only stand to save money but also become a friend of the environment.
Saving money and saving environment simultaneously can really be a very good deal.
'Time is Money': It is not just an expression, it has ample meaning.
For example, suppose you bought a cheap microwave for $100, say, and it takes 30 or more minutes to prepare you a cake.
These 30 minutes may drive you late to office on a certain day, leading to a salary cut plus the lecture from boss.
And, this can amount to a net loss of more than 100$, which adds to the cost of microwave.
To counter the previous example, let us consider another case where you buy an oven for $150, which takes just 5 minutes to make you a tasty cake.
The taste of the cake improves your mood.
And, you get to office on time, perform better, and get an incentive of $100.
That makes the cost of the oven zero.
Now calculate the value of time, I am sure you are good at it!