Appliance Repairs: Fix or Replace?

It can be tricky when deciding whether it is best to fix or replace a broken appliance. There are several factors to consider when it comes to the decision between appliance repair or replacement. At Total, we help people purchase, protect, and replace appliances every day, so our experts can help you determine whether to repair or replace when your appliances malfunction.

Appliance Repair vs. Appliance Replacement

It can be very stressful when an appliance stops working properly, and many consumers don’t know if they should call a repairman or head to the store for the purchase of a new one. Here are some points to consider when deciding whether to repair or replace a broken appliance:

  • Do you have a warranty? Check to see if your appliance is still under the manufacturer’s warranty, in which case repairs might be covered for the first year or two. If you have an extended warranty or service contract, it will likely be more cost effective to repair rather than replace.
  • Age of the appliance. Using the average lifespan of an appliance is a good reference point when determining whether to repair or replace. The average lifespan of refrigerators, washers, dryers, and dishwashers is 10 to 13 years. Also keep in mind whether the appliance is on the higher end, which can lengthen its lifespan. The amount of maintenance and usage of the appliance can also impact its longevity.
  • Cost, cost, cost. Weigh the cost to repair vs. replace, especially if you no longer have a warranty or service contract. As a rule of thumb, if an appliance is more than halfway through its lifespan and the repair costs more than 50% of the price of a new one, you should consider replacing it. Most of today’s appliances are on the higher end and costly, so it often makes more financial sense to repair them several times before replacement.
  • What do you need out of your appliance? If your appliance is several years old and gets the job done, you can probably just make repairs that will keep it going past its average lifespan. If you want to take advantage of newer features, energy efficiency, or the sleeker look of high-end appliances then you might consider getting a new one.

As you can see, there are many things to consider when determining whether to repair or replace your appliances. Whether your refrigerator, microwave, or garbage disposal breaks, factor in the age of the appliance and the cost of repairs vs. replacement. If you have a warranty or service contract, it is likely more cost effective to make repairs, especially if you have higher-end appliances.

Total has been providing appliance repair services and service contracts to homeowners in Miami-Dade, Broward and South Palm Beach since 1970. We also offer customizable and affordable service contracts to ensure your appliances keep working for years to come.

Click here to learn more about our appliance repair services and view our specials page to review our current offers.