Key Decision Factors

Appliance Age:
- Each appliance has a typical lifespan. If it’s nearing the end of its expected life, replacement might make more sense.

Repair Cost:
- If repair costs are more than 50% of the price of a new appliance, replacing is usually the better option.

Depreciation Rates:
- Consider how much value the appliance has already lost over time compared to the investment in repairs.

Cost of a New Appliance:
- Compare the price of repair to the cost of purchasing a new appliance, factoring in potential improvements in energy efficiency and reliability with newer models.

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Repair vs. Replace by Appliance

Here’s a general breakdown for common appliances:

Refrigerators

• Repair If: Minor issues, such as faulty thermostats or seals, and the unit is less than 8 years old.
• Replace If: It’s over 10 years old or the compressor needs repair.

Dishwashers

• Repair If: The issue is related to clogged filters or minor leaks, and the unit is under 6 years old.
• Replace If: The repair cost is over 50% of the price of a new dishwasher, or the unit is over 10 years old.

Washing Machines

• Repair If: It’s a basic mechanical problem like a belt or motor, and the machine is under 7 years old.
• Replace If: It’s over 8 years old, or repair involves major components like the drum or transmission.

Clothes Dryers

• Repair If: It’s an easy fix like replacing a thermal fuse or belt, and the dryer is under 5 years old.
• Replace If: The repair involves the drum or motor, or it’s over 8 years old.

Microwaves (Over-the-Range)

• Repair If: It’s under 4 years old and repair costs are low.
• Replace If: It’s over 6 years old or repair costs exceed 50% of replacement.

Ranges, Cooktops, and Wall Ovens

• Repair If: It’s a simple issue with knobs or heating elements, and the unit is under 10 years old.
• Replace If: Major components like the control board fail, or it’s nearing the end of its 15-year lifespan.

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Additional Considerations

Reliability of Brands:
- Consult consumer testing data (available online) to find out which brands have the best track records for durability and fewer repairs.

Energy Efficiency:
- Newer appliances often come with energy-saving features that could lower long-term utility costs.

Professional Help:
- Minor issues might be DIY-friendly, but more complex repairs often require hiring a professional. Ensure the repair costs don’t exceed replacement value.

Warranty Status:
- Check if the appliance is still under warranty, which could cover some or all repair costs.

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By weighing these factors and using online tools like repair-vs.-replace guides, you can make an informed decision that balances cost, convenience, and longevity.

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