Lowe’s Price Adjustment Policy (All You Need to Know)

With regular deals and discounts, Lowe’s is one of the leading hardware retailers in the United States. To give customers the best prices on desired products, Lowe’s can price match other retailers.

If you’ve already purchased an item from Lowe’s that you have found cheaper elsewhere, you may be wondering if you can get a price adjustment from Lowe’s. I’ve done the research, and here’s what I have learned!

Lowe’s Price Adjustment Policy In 2022

To claim a price adjustment from Lowe’s, you must do it within 1 day of purchase, and you must have proof of the lower price at another retailer or Lowe’s as of 2022. Also, you can make price adjustments at Lowe’s both in-store or online through Lowe’s Customer Care team. The previous policy of 30 days for a price adjustment and since been discontinued.

Keep reading for more information about Lowe’s price adjustment policy, including how it works, how you can receive a price adjustment, and what items are excluded!

How Does Lowe’s Price Adjustment Policy Work?

The Lowe’s price adjustment policy is similar to its price promise, which means it can adjust the prices of its products to match the lower prices of competitors to give customers the best deals.

With that, for your item to qualify for a price adjustment, you must have already bought it either in a Lowe’s store or online.

For example, if you purchase a tool from Lowe’s for $10 and a week later you find the exact tool priced at $7 in a competitor’s store, you can claim a price adjustment from Lowe’s and be refunded the $3 difference.

Also, Lowe’s offers price adjustments for its own products.

For example, if you purchase a $10 tool from Lowe’s and a week later the price is reduced to $5, you can receive a partial refund of $5.

How Do I Get A Price Adjustment at Lowe’s?

Receiving a price adjustment at Lowe’s is similar to receiving a price match, meaning you receive a price adjustment in-store or online at Lowe’s.

Getting A Price Adjustment In-Store

Visit your local Lowe’s store and explain how you would like a price adjustment.

However, make sure you have a valid proof of your purchase from Lowe’s, such as a receipt, and evidence of the lower price at a competitor’s store.

Then, a Lowe’s cashier will verify the lower price at a competitor’s store. If the price adjustment is eligible, you will receive a partial refund on your purchase.

However, you must visit Lowe’s within 30 (now 1 day to the updated policy) days of purchase to be eligible for a price adjustment.

Getting A Price Adjustment Online

If you cannot make it to your local Lowe’s store, you can contact Lowe’s Customer Care team at 1-877-465-6937 to discuss a price adjustment.

Again, you need your proof of purchase and proof of the lower price on a competitor’s website to receive a price adjustment from Lowe’s.

What Can I Not Get A Price Adjustment On At Lowe’s?

What Can I Not Get A Price Adjustment On At Lowe's?

Unfortunately, there are some exclusions to the price adjustment policy at Lowe’s. For example, products that aren’t eligible for a price adjustment include:

  • Service pricing
  • Out-of-stock items
  • Clearance items
  • Financing or credit offers
  • Free items
  • Bundled items

Also, you cannot get a price adjustment in conjunction with other officers at Lowe’s, including coupons, discounts for seniors, military, or employees.

Moreover, any items with pricing errors or unverifiable prices at Lowe’s also cannot be given a price adjustment.

Finally, you cannot receive a price adjustment at Lowe’s if it has been more than 1 day since you purchased the item at Lowe’s.

Which Stores Can Lowe’s Price Match?

There are several physical stores that Lowe’s can provide price matches for, including:

  • Home Depot
  • Menards
  • Ace Hardware
  • Tractor Supply Co.
  • Walmart
  • AutoZone
  • Northern Tool and Equipment
  • Harbour Freight Tools

Additionally, Lowe’s may price match with local hardware stores or retailers exclusive to your area that sell similar products.

In addition to physical stores, Lowe’s can also match online retailers, including:

  • Amazon.com
  • Wayfair.com
  • Walmart.com
  • Target.com
  • HomeDepot.com
  • BestBuy.com
  • Macys.com
  • AceHardware.com
  • BedBathandBeyond.com
  • Jcpenney.Com

Will Lowe’s Give You A Refund If The Price Drops

As well as matching competitors’ prices, Lowe’s offers price adjustments on its own products.

For example, if you’ve purchased an item from Lowe’s that has been reduced in price within 30 (now 1 day) days of purchasing, you are entitled to a partial refund to match the new lower price.

To be eligible to receive a price adjustment, simply take your proof of purchase to Lowe’s and evidence of the new Lowe’s price.

How Long Do I Have To Get A Price Adjustment At Lowe’s?

You have 30 (now 1 day) days since the date of purchase to claim a price adjustment at Lowe’s.

If you are outside the 1-day window, Lowe’s has the right to reject your request for a price adjustment.   

To find out more about Lowe’s, you can also see our posts on whether or not Lowe’s price matches Home Depot, if Lowe’s price matches Costco, and if Lowe’s price matches Amazon.

Conclusion

Lowe’s can offer price adjustments on its own products that later drop in price, and competitors selling identical products.

With that, you can do a price adjustment in-store or online at Lowe’s.

To receive a price adjustment, you need proof of your purchase at Lowe’s, such as a receipt and evidence of Lowe’s or a competitors’ lower price.

Finally, you must make a price adjustment at Lowe’s within 30 days of your original purchase. Otherwise, Lowe’s has a right to deny any refunds or price matches.

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Marques Thomas

Marques Thomas graduated with a MBA in 2011. Since then, Marques has worked in the retail and consumer service industry as a manager, advisor, and marketer. Marques is also the head writer and founder of QuerySprout.com.

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