Replace It or Repair It? How to Decide for Any Item in Your House


| 3/22/2018 10:05:00 AM


 

Whether it’s your laptop, your sofa or your washing machine, something in your home isn’t working right — and you want to fix it ASAP.  The only problem is, you can’t figure out whether it’s worth the effort of repairing. Sure, you could save yourself some money by doing it yourself, but the item itself might not be worth salvaging.

Stress no more: The following guide should help you decide whether to replace or repair every item in your home once and for all. Read on to figure out what to do with your broken fridge, drafty front door and everything in between.

Large Appliances

Before we begin, it’s important to remember your refrigerator, washing machine or trash compactor might’ve come with a little slip of paper that can solve your dilemma for you. A warranty means a qualified repair technician will repair any dysfunction for free, within a specified window of time. If you’re not lucky enough to have your problem fall within that window, here’s what you should do.

Repair: The lifespan of your home purchases will vary, of course. But large appliances are designed to last: Your fridge should function for around 13 years, while your gas cooktop will likely be around for 15 years.



Still, these guidelines don’t tell you when you should be repairing your large appliances without any doubts. Most people stand by the 50-50 rule: If your item is more than halfway through its lifespan, and the proposed cost of the repair is more than half the price of a new one, forego repairs. Otherwise, it’s worth a shot.





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