When it comes to repairing or replacing any home appliance, it’s a stressful situation, isn’t it? Since replacing can be a major expense, we think of repairing it as a better alternative. At the same time, we also think if the problem still remains after repairing, it will be a loss.
If you are struggling to decide what to do when your home appliances are not working, consider these factors mentioned in this article below. Be it a freezer, or your pizza oven, or anything else, if you think repairing is not worth it, get the appliance replaced so that you don’t make any wastage of money.
Things to Consider Before Replacing your Appliances
After going through this article, you will get some clarity on whether you should repair your appliance or spend money on replacing it.
1. Consider the Cost of Repairing
First and foremost, you need to consider the cost of repairing the appliances. Estimate how much it would cost to repair. If the cost of repairing exceeds 50% of the price of a new appliance, you shouldn’t repair it. While deciding on repairing, don’t forget to consider the cost of any replacement parts. Explore how an appliance repair service provider can help you.
Sometimes you don’t have any option other than replacing because the parts which are damaged can’t be produced. If you decide to replace it, don’t forget to include the transportation and installation cost of the appliance.
2. How Old Is The Appliance?
The next big factor while deciding to replace an appliance is age. Here also you can apply the 50% rule, which says if the appliance is halfway through its estimated life span, you can go for replacement. Every household appliances have a different lifespan, and you should consider it while estimating their age.
Remember, if you are trying some DIY techniques for repairing your appliance, you should not try things that can potentially damage your appliance. Another important thing is to consider the warranty period of the appliance. If it’s still under warranty period, repairing is the better option.
3. Is It Consuming A Lot of Power?
Another important factor that comes into the picture while deciding on the repair or replacement of an appliance is the energy cost. If your old appliance consumes more energy than the latest model available in the market, you can go with a replacement.
Go through the energy cost guide for an appliance before making a purchase. With the development of advanced technologies, new appliances can significantly reduce your energy cost. So, it’s an important consideration while deciding to repair and replacing an appliance.
4. Do You Think Maintenance Will Extend The Life Of An Appliance?
Do you properly take care of your appliances? Do you think that maintenance can extend the life of your appliance? No matter whether it’s new or old, if you don’t clean them and do periodic maintenance, your appliance will not last long.
So, you should also consider if you can improve the life of your appliances by taking proper maintenance after repairing. For instance, cleaning the debris and dust from the coils of the refrigerator, inside, top, and bottom surface of the oven can improve their lifespan.
5. Do You Want to Purchase the Latest Model?
It’s a final point on deciding to replace your appliances. However, it’s a personal preference, and you should ask yourself whether you want to give a new look to your kitchen with the latest design appliances.
Don’t forget about your budget and whether it allows you to afford the new appliance. If yes, you can replace it; otherwise, repair the older one if the cost of repairing is less than 50% of the price of a new appliance.
The Bottom Line
Even though it’s a personal choice whether you want to repair or replace your appliance, the above checklist will help you make an informed decision. So, you will spend your money wisely and feel happy about your decision later. Building an emergency fund helps you to stay prepared when your appliances need to be fixed or replaced.