This website is going to enter uncharted territory. I have been blogging about being frugal for more than 15 years. I still believe in frugality, but I completely understand if you won’t believe me anymore.
We bought a $12,000 couch.
There are no surprises. It’s not like my wife bought it, and I grudgingly went along. I was a willing participant and gave it my full support.
The History of our Last Couch
Around six years ago, I had a couch conundrum. We had a couch that was twelve years old, and the microfiber was hard to clean with the dog-sitting business.
Interestingly, in that article, one of the ideas was to go a little cheaper on the couch to save up for a new OLED television. Let’s put a pin in that and come back to it later.
We finally settled on none of the couches in that article. Instead we went with the $3000 couch here. At least we got it for the bargain price of $2200 because it was discontinued.
So, six years later, we naturally are owners of a new $12,000 couch.
How Did We Get Here?!?!
One of the great things about blogging your life is that you can go back and review your thinking.
One of the problems with blogging your life is that you can go back and review your thinking.
I wasn’t expecting to replace the old couch so soon. My mother has had her couch for at least 40 years now. It’s the only couch I’ve ever known. My 9-year-old has now known three couches.
Unfortunately, the leather couch we had started to crack. I’m not big into maintenance, and I didn’t realize that leather has to be conditioned fairly often. Also, the cushioning had gone flat in the one seat I always tend to sit at (it had the recliner and the cup holder). If we had worn the couch evenly, it would be much better.
The same could have been said for the couch that came before it.
The $12,000 Solution
We decided to go with Lovesac. (Use that link to get $100 off. I’ll get $100 off too. Of course, $100 isn’t a ton when you spend this kind of money.)
IMPORTANT UPDATE: It turns out that Lovesac shipped us a defective product! The backs of the couch should have double the filling. They are shipping us new backs.
What we liked about Lovesac is that you build the couch like Lego pieces. (My 9-year-old especially loved that.) You can rearrange the pieces to make a bed. We could buy two extra armrests and make our sectional into two separate couches for different rooms. There are many configuration options. We can rotate the seats so that the couch wears evenly. It took a full day for me and my wife to put the couch together. It wasn’t a lot of pieces, but the covers are very, very snug. I don’t think we’d change the configuration too much.
We can also replace the covers of the cushions for a different look. More importantly, they are machine washable if a dog pees or jumps on them with muddy paws.
If a dog were to scratch up an area, it would be terrible, but we wouldn’t have to replace the whole couch. We could replace just that piece for $500 – maybe even less if we shop online.
I’ve taken some liberties with the $12,000 number. That’s the sticker price. I don’t know if anyone has ever paid the sticker price on a Lovesac. There is almost always a promotion of around 20% off. If you are unlucky, it will be 15%. If you time it well, you can get 25% off. We knew about the various promotions and got the 25% off, plus another 5% for my wife’s health provider status.
Essentially, the final price came to around $9,000. However, they were also running a no-interest financing promotion for three years. Interest rates are very good now, so I calculated we could earn another $800 instead of paying up-front. So it’s almost like we paid $8,200. That’s still expensive for a couch, right?
Most Lovesacs aren’t this expensive. We bought the version with the Harman Kardon speakers on the couch. They call this SteathTech because you don’t have to have surround speakers anywhere. StealthTech can also wirelessly charge your phone on the armrest. (The only problem is that it’s a very slow charge.)
I’ve completed the full bait-and-switch now. The $12,000 couch was something like $8,200 that includes surround sound, which saves some space in our room.
It seems weird, but spending over $2000 on the last couch was a crazy, gut-wrenching purchase.
Buying this new couch wasn’t as gut-wrenching. We’re in a much better financial place nowadays. I see the value that this couch is more likely to be a “forever couch” like my mom’s (even if we do have to replace parts of it over time). The simplicity of the surround sound is great. The ability to clean is a big bonus.
With the “savings” of the couch, we bought a 85″ Hisense ULED Television. The LG OLED television that I mentioned above got terrible burn-in very quickly. I probably could have gone through some warranty, but that was a project that I never had time to research. The Simpson characters would look green. I’m in the minority, but I don’t think OLED is worth it. The Hisense we have now is much better.
To finish the room, we had an electrician put in recessed lighting. That’s a much cleaner solution than the floor lamps we had. Well, it’s not finished yet. As you may be able to see in the picture we need to paint from where the old couch scraped the walls.
So, let’s get back to the title. Are we crazy to buy a Lovesac couch this expensive? We were frugal for a long time, and this is completely the opposite. Let me know in the comments.