A broken appliance always raises the same question: is it worth fixing, or is it time to buy new? There is no single rule that fits every situation, but a few guidelines can help you make a confident decision.
Consider the Age of the Appliance
Most major appliances are built to last somewhere between 10 and 15 years, though this varies by type and brand. A refrigerator or washer that is only a few years old is almost always worth repairing. One nearing the end of its expected lifespan is a closer call.
Compare the Repair Cost to a Replacement
A common guideline is the 50 percent rule: if the repair costs more than half of what a new appliance would cost, replacement often makes more financial sense. A simple part replacement on an otherwise healthy appliance rarely comes close to that line.
Think About How Often It Has Needed Repairs
One repair on an appliance that has run well for years is normal wear and tear. Multiple repairs within a short period of time is a different story, and can be a sign that the appliance is heading toward bigger, more expensive failures.
Factor In Efficiency
Appliances built in the last several years are often significantly more energy and water efficient than older models. For an appliance that is already old and starting to show problems, the long-term savings from a newer, more efficient model can offset some of the replacement cost.
Get an Honest Opinion First
Before deciding either way, it helps to have a technician actually look at the appliance. A quick diagnosis can tell you exactly what is wrong and what it will cost, which turns a guessing game into a clear decision.
Dealing with this problem right now?
Call (615) 899-4319