Sunday, May 4, 2008

Shopping for Cookware

I knew it would happen sooner or later, I was hoping for a September time-frame. My wife was cooking a couple days ago and the handle came off while she was cleaning the sauce pan. Another sauce pan is now leaking at the handle and I suspect it's going to have the same fate.

Here's our choices:

1. One of our roommates has a set in their room they brought with them, we all use in the house (but I'd hate to damage their set).

2. Purchase a couple of cheap pieces to tide us over. Our current set we bought 3 years ago from IKEA.

3. Purchase an entire set with 10 year warranty. I'm looking at the Simply Calphalon Stainless 10-Piece Cookware Set for $139.99. They are the 18/10 stainless steel kind I've heard recommended, though they have the aluminum core versus copper.

4. Purchase a high-end set with a lifetime warranty. These normally are in the $300+ range, have the copper core instead.

For now I'm leaning toward a mix of #1 and #3. If I get paid for my work this weekend quickly, then I'd be looking at us purchasing #3 at the end of the week. If they're slow at paying, I'd be looking at #3 next month and we'll go with #1 until then.

One interesting item I did comparing the 10 year warranty and the lifetime warranty was saying "If I had $300 today, what would be the best purchase in the long run?". I took the difference between the two options ($160 on the low end), decided to put it toward something making or saving 6% (i.e. my mortgage) and figured out how much I would have after 10 years. For the Saving 6%, I came up with $96 after 10 years (and my original $160). For the investing at 6%, I came up $126.54 (and my original $160). At a higher investment rate (8%), I could buy another set every 10 years without touching the principal and having extra leftover ($45).

2 comments:

Dedicated said...

My new Calphalon cookware is worth every penny. I will NEVER buy another pan in my life time.

I purchased my set at Bed, Bath and Beyond. And paid just over $400 for the complete set. For that Calphalon gave me a free Wok. And Bed Bath and Beyond had cash gift card. I grabbed a 20% coupon. And used the gift card to buy the larger pan that completes my set.

You will love this "non-cancer" producing cookware!

Dan said...

If you are looking for function, quality but not bells and whistles go to your local restaurant supply store for cookware.

They are cheap to buy, last forever and the quality is as good as all-clad without all the shine.