If you want a toaster oven but aren't ready to give up your toaster, consider a toaster/toaster oven combo that gives you two appliances in one unit.
Our Best Reviewed Hamilton Beach Toastation Toaster and Oven (*Est. $40) is an all-in-one appliance that doesn't require much counter space. The top of the oven has an extra-wide slot for toasting two slices of bread or bagels; two easy-to-reach knobs control oven temperature and toast shading. It's ideal for heating pizza slices, appetizers and other small portions.
Owners say it takes some getting used to, however; you must adjust cooking instructions and watch food closely because it's placed so close to the heating elements. After a brief learning curve, users find that the oven cooks and browns evenly.
The Toastation converts from toaster to toaster oven by simply sliding a lever, which seals the toaster slots to trap heat for baking. It has no timer, but shuts off automatically after two hours. Reviewers like that the oven comes in red, silver or black. If you need a space-saving appliance just for making toast and cooking single servings, the Hamilton Beach Toastation is a versatile and highly affordable option.
Our runner-up Waring Pro Toaster Oven & Toaster (Est. $100) is another popular multi-use appliance. Its toaster oven bakes, broils and toasts up to four slices of bread, and the attached toaster can simultaneously prepare two slices of bread, English muffins or bagels. It's a good choice for those who want to prepare multiple foods at the same time. However, reviewers say it takes longer to cook than comparable ovens and is less intuitive to use.
The Waring Pro's easy-to-access controls are located on the front of the oven. One dial selects the function, another adjusts the thermostat to the desired temperature, and a third is a timer/ toast shade control that sets the cooking time for up to 30 minutes and then automatically shuts off the oven. It has an attractive retro appearance that gets good reviews.