When an appliance starts acting up, you’re faced with a tough decision: repair it or replace it? It’s a common dilemma, especially with older units or expensive appliances. Making the right choice involves balancing age, repair costs, energy efficiency, and more. Here’s how to break it down.
1. Appliance Age: Know the Lifespan
Every appliance has an expected life span. If yours is nearing the end of its useful life, it may not be worth repairing. Here’s a general guide:
- Refrigerator: 10–15 years
- Washer/Dryer: 8–12 years
- Dishwasher: 7–10 years
- Microwave: 7–10 years
- Oven/Range: 10–15 years
A 10-year-old dishwasher needing a $300 repair might not be worth the investment—especially if a new one costs $500 and comes with better features.
2. The 50% Rule
A common rule of thumb is:
If the cost of repair is more than 50% of the price of a new appliance, replace it.
Example: If your stove needs a $400 repair and a new model costs $700, the better value is often in buying new.
3. Energy Efficiency and Utility Costs
Older appliances tend to use more electricity and water. New ENERGY STAR-rated models can significantly reduce your monthly bills. Consider:
- A 15-year-old fridge could cost $150 more per year to run than a modern one.
- New washers use less water and clean clothes more efficiently.
Upgrading might cost more upfront but pay off over time through energy savings.
4. Frequency and History of Repairs
Have you already repaired the same appliance once or twice in the last year? Repeated breakdowns are a clear sign it’s time to move on. If small problems keep popping up, the internal parts are likely wearing out across the board.
5. Parts Availability
With older or discontinued models, sourcing replacement parts can be difficult and expensive. If your technician struggles to find a replacement board or motor, that’s a red flag.
Bonus Tip:
Keep records of purchase dates and service history. That info helps you make more informed decisions when the time comes.
Conclusion:
Still feeling stuck? Call in a pro for a diagnostic. A trusted appliance technician can give you a repair estimate and honest advice on whether to fix or replace. Making the right choice now could save you money, reduce stress, and improve the convenience of your everyday life.
