In the competition of big box home improvement stores, there’s a big battle for which is cheaper: Lowe’s vs. Home Depot. Both have their own loyal fans as well as pros and cons to shopping at each.
But which store has better tool prices? Which one should you choose for truck rental? Are Home Depot appliances better than Lowe’s? Let’s find out where you should go.
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1. Go with Lowe’s truck rental as it beats out Home Depot.
Between Lowe’s and Home Depot truck rentals, one is the clear winner. Let me break it down for you:
- The Home Depot Load N’ Go truck gives you 75 minutes for $19, and $129 for the full day.
- The Lowe’s pickup truck gives you 90 minutes for $19, and $89 for the full day.
If you have an all-day moving job and want to save $40, definitely go with the Lowe’s truck.
2. Rent tools with Lowe’s instead of Home Depot.
It’s important to note that despite price differences, The Home Depot does have a much bigger selection when it comes to tool rental.
3. Remember that Lowe’s and Home Depot price match each other.
Just keep in mind that the item has to be the exact same make and model to be eligible for price matching. So don’t expect the price to match a Ryobi power drill at Lowe’s. (See tip #5.)
4. Buy Lowe’s or Home Depot appliances—it’s a tie.
When I compared Lowe’s and Home Depot appliances, I noticed that almost every appliance was priced the exact same. And, whenever one store would beat the other, it would be by roughly $50. For example:
- Lowe’s Whirlpool Electric Dryer $599 vs. Home Depot Whirlpool Electric Dryer $649
- Home Depot Samsung Electric Dryer $777 (Special Buy price) vs. Lowe’s Samsung Electric Dryer $799
Due to this back-and-forth price war, you can still get the lowest number at either store thanks to price matching. Just bring in proof of the other store’s lower price and they’ll adjust the total for you.
5. Buy Home Depot tool brands as they tend to be cheaper.
When it comes to Home Depot and Lowe’s tools, both have exclusive brands. For example, Home Depot carries Ryobi and Ridgid while Lowe’s carries Kobalt and Metabo HPT. But which one is cheaper?
Like appliances, many of the same items cost the exact same at both stores, despite being different brands. More often than not, though, if I saw a tool priced lower, it was usually at Home Depot. But this is the best example:
Buy 1 Ryobi 18V Brushless Cordless ½ in. Hammer Drill/Driver Kit with Battery and Charger $79, regular price
Final price: $79
Buy 1 Metabo HPT 18V Brushless Cordless Drill with Battery and Charger $129, regular price
Final price: $129
A $50 price difference is definitely nothing to scoff at. While plenty of other tools had the same price point regardless of brand, I also found better Home Depot brand prices on tools like miter saws.
6. The Special Buy of the Day at HomeDepot.com beats out Lowe’s Daily Deal at Lowes.com.
Final price: $197.60
And here are a few others I’ve seen lately:
- 41% off the Shark Navigator Vacuum
- 39% off the Husky Air Compressor
- 25% off entire Husky cabinet sets.
But Lowe’s is no slouch either. Here are some of the Daily Deals I’ve seen recently:
- 37% off Lowe’s 3-Tool Combo Kit
- $400 off Royal Garden Patio Set
- 30% off DuroMax Gas-Powered Generator
7. Check online because The Home Depot has more coupons available.
While both Home Depot and Lowe’s offer coupons, Home Depot has plenty available immediately. Here are a few you can get right now:
- Home Depot email list coupon for $5 off
- Home Depot Garden Club coupon for $5 off
- Home Depot workshop coupon for 15% off
Lowe’s, on the other hand, doesn’t have any immediately available coupons outside of the 10% off moving coupon from the USPS moving packet.