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The Best Ways to Save Money on Tools

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Beat the Competitors’ Prices

Not everyone has the patience to go out of their way for a bargain, but if you’re the kind of person who likes to investigate, then this tip is for you. Search for an item you want, and do some digging to see if there’s a lower price on an identical in-stock item at a local competitor’s store. The Home Depot, for instance, will match the price, and take 10 percent off. Here are the 8 best value hand tools you can find at The Home Depot.

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customer loyaltyArcady/Shutterstock

Use Loyalty Programs

Manufacturers have loyalty programs much like airlines. Joining one or some will ensure you reap the benefits of various rewards the more you buy from the brand. And you’ll earn points regardless of whether you buy a product online or at the store.

Try the Klein Loyalty Rewards Program, which you can access via the Klein Tools app for iPhone or Android. When you purchase one of the brand’s products, mark the item on the receipt. Then, go to the Klein app, enter your associated email address and upload a picture of the receipt. You’ll earn one point per dollar spent, then go to the Klein Tool’s Tradesman Club to redeem points for branded merchandise.

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Tool RentalQualityHD/Shutterstock

Rent It

Did you know the average power tool is only used for about 30 minutes? Surely renting isn’t for the contractor who uses a certain tool over and over again. But if you’re DIYing and aren’t sure you’re ever going to use the tool again, or at least in the foreseeable future, rent it! The Home Depot and Lowe’s have very affordable rental options.