When an appliance breaks, you are left with a simple question: should you repair or replace the broken appliance? It can be a hard decision to make, and it greatly depends on your situation, among many other factors. What type of appliance is having issues? Should you repair or replace it? Start by asking these questions.
How Much is the Cost of the Repair?
Sometimes, it only takes a cheap repair job to get an appliance back up and running. Modern appliances have a lot of moving parts and electrical components. The repair could be something as simple as a loose wire. On the other hand, there could be something seriously wrong with the appliance, leading to a repair job that, when combined with the cost of the parts needed, amounts to more than half of the cost of a new machine. If this is the case, it might be time to start considering having the unit replaced.
How Old is the Appliance?
The age of your appliance is the second thing you should think about when deciding whether to repair or replace it. If it’s a machine that is fairly new, and possibly just outside of warranty, repair is a very good option (unless the cost is almost that of replacing the machine). However, if the appliance is significantly old, it may be at the end of its lifetime. If you’ve had the appliance 10, 15, or 20+ years, it may be time to have the unit replaced for a newer model.
Newer appliances can have more features, be more energy efficient, and operate more quietly.
Do You Have a Warranty?
Don’t forget to check the status of your warranty on the appliance. Do you have one? Is it still in effect? Will it cover the issues you are having with your appliance? If it’s still under warranty, it’s almost always worth it to fix. If it’s not, it may be time to replace it.
If you don’t have any type of extended warranty or protection plan for your appliances, now is a great time to invest in them. Prices of new appliances are on the rise, so homeowners are always looking to repair old units rather than replace them. But the costs of repairs can often be too expensive to stomach, which is why appliance protection plans are so useful.
When you purchase an appliance protection plan with Everything Breaks, you get excellent coverage that includes mechanical and electrical breakdowns. This protects most common issues that can occur with an appliance. You get to choose between five appliances in your home to protect all for one low monthly or annual rate. When something goes wrong, and it always does, we can help you with same-day scheduling of repair services. This means you won’t have to go long without a washing machine, dryer, oven, dishwasher, or many other appliances that you rely on every single day.
We cover all major appliance brands. Best of all, it doesn’t matter how old your appliances are! Whether you are just outside the standard warranty or have a unit that is 10 years or older, we will protect it. Protect yourself with an appliance protection plan with Everything Breaks today!
