We use appliances every day for a multitude of tasks. These machines make our lives easier in so many ways. However, they occasionally will break down. When this happens, you will need to make the decision to have the appliance repaired or buy a new one. The key is knowing when to repair or replace. There are many factors that you will need to consider before you make that decision. Let’s take a look at some things you should keep in mind the next time one of your appliances has a mechanical difficulty and you are not sure whether to replace or repair it.
1. Age of the Appliance
When an appliance breaks down, the first thing you need to take into consideration is how old it is. If an appliance is very old, there is a very good possibility of something else going wrong with it in the near future, even if you spend money to have it professionally repaired. You want to avoid a situation where you are constantly paying money to repair an old appliance. The money that you are spending on repairs could have used towards buying a brand new machine. Of course, some appliances age much better than others. Therefore, you should go online and find out the average lifespan of the appliance you are having a problem with. If you find that your appliance is nearing the end of the road, the wise decision would be to simply buy a new one.
2. Advantages of Buying a New Appliance
When deciding whether to replace or repair an appliance, it is important to keep in mind the significant advantages of buying a new appliance. While it will cost you more money up front, you will be able to save a significant amount of money down the road. For example, new appliances are much more efficient in terms of the amount of energy they use. This will cause your electric bill to go down. As time goes by, this will amount to a considerable savings. Also, new appliances are covered by a warranty from the manufacturer. This will protect you from having to pay any more repair fees in the foreseeable future. Warranties can vary greatly depending on the manufacturer and the type of appliance you are buying. Therefore, shop around and try to find the warranty that lasts the longest and covers both parts and labor.
3. Schedule a Service Call
Before you make a decision one way or the other, it would be in your best interests to schedule an appointment with an appliance repair service. They will let you know exactly what the problem is and how much it will cost to repair it. You can them use this information to make an intelligent decision. You might get lucky and the problem is extremely minor and inexpensive to fix. If this is the case, you should have the machine repaired, regardless of the age.
4. A Good Rule of Thumb
People in the appliance repair industry have a rule of thumb they tell people to use when deciding to repair or replace their appliances. Basically, if your appliance is more than six years old, and if the price of a repair is going to be greater than half the price of a brand new unit, you should buy a new appliance.
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