If you've always wanted to add a hot tub to your home, now is the time act. The economic downturn is hitting retailers hard, particularly those who deal in luxury items such as hot tubs. Compounding the problem is the credit crunch; many people who would have qualified for financing for a home spa only a year ago are no longer able to get credit. For those with a little cash on hand, that means you can find incredible deals on hot tubs right now.

Because the economy seems to be in a serious funk, many spa dealers, as well as other retail businesses, particularly in the luxury market, have had to lower their prices or reduce their inventory to make it through the recession. As unfortunate as these circumstances are, it gives you the opportunity to comparison shop to find the best deal on a hot tub.

 

You might be able to get a hot tub at a very reasonable price by checking local ads for sales. Spa dealers who are able to weather this economic slump may still be willing to negotiate their price. If you can't get the deal you want, you may want to check back at a later time in case circumstances change. In these uncertain times, always make sure you get a manufacturer's warrantee when you do make your purchase.

Retailers aren't the only ones suffering the unfortunate effects of the economy. When the housing bubble burst, residential construction slowed to a crawl, leaving many contractors with very little work. Your spa dealer may offer installation for a fee, but you might be able to find a better deal on your own. Contact a few electrical contractors for estimates. Chances are you can save even more money by shopping around.

US News & World Report, Luxury Retailers Attract Customers With Rare Discounts, by Kimberly Castro, December 8, 2008