A retainer clip which is particularly useful in the environment of a dryer or other appliance to hold a pivotable toe panel stationary relative to the appliance frame as well as to locate it horizontally and vertically. The clip has a first spring portion in a U-shaped form which is received in an opening in the toe panel and a second spring portion in a V-shaped form which is received in a front panel rigidly secured to the frame. A free end of the second spring portion engages against a lower wall of the front panel of the appliance and a distal end is bent so that a tool can be used to disengage the clip from the front panel.