Many appliance owners have trouble deciding whether they should replace or repair their broken down appliance. Some don’t realize that there are multiple factors to consider when faced with this dilemma, so read about these tips to find out what the best option is for you!
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Is it really broken?
When appliances stop working, figure out what the problem is. Although it may be something you can’t fix on your own, other times, it is just a minor problem. Before taking any other action check for some common but easy to fix issues. These include: whether it’s plugged in or not, circuit breakers have not tripped, or clogged vent and filters. For more information on troubleshooting, you can check out our blog.
Is it still under warranty?
Check your manual to see if your broken appliance is still under warranty. Many major appliance warranties cover labor and parts over a year or two. If so, schedule a call to get it fixed.
What is it’s life expectancy?
Major appliances have an average useful life depending on what they are. If they’re already past the useful life, it might be better getting a new appliance. If not, it’s probably best to get your appliance repaired instead of throwing away an appliance with a minor problem that can be easily and cheaply fixed.
Here are the lifespans of some appliances:
- Dishwasher: 9
- Dryer: 13
- Freezer: 11
- Range, electric: 13
- Range, gas: 15
- Range, oven hood: 14
- Refrigerator: 13
- Washer: 10
The 50% Rule
One thing to consider when faced with the option of repairing or replacing is the 50% rule. If an appliance is less than 50% through its lifetime and the repair costs less than 50% of a new appliance, a repair should be made. This is a general guideline to ensure what the best investment is in the long run.
DIY when possible
There will be repairs that are very simple to do and ones that can be easily learned online. Other things you can do is to maintain your appliance by following tips on your manual and keeping your appliance clean in general.
However, there are risks when fixing your own appliance, and it should be fixed by professional technicians. Some risks to consider:
- Some parts are non-refundable. Should you make a mistake, you’ll be wasting money
- You risk electrocution with electrical appliances, and you risk injury due to the heavy machinery
- Warranties can be voided if you decide to fix your appliance on your own.
Newer appliances save you money and energy. You may want to consider buying a new appliance if it’s going to save you on your energy bill if you plan to use it in the long run. Otherwise, a new investment might not be worth repairing your old appliance.