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Kitchen Appliances; Repair or Replace?
With the high cost of new kitchen appliances today, many people are turning to repair rather than replacement. There are some things to consider, however, when deciding which option is best for you. It may be that the cost of repairing the problem is not much less than the cost of replacing the entire appliance. Here are some factors to think about when deciding to repair or replace.
When to repair kitchen appliances
Repairing kitchen appliances may be a good choice for you if the item is still under warranty. Not only does this mean it's fairly new, but it is more than likely that the repair will be covered by the manufacturer. It's important, though, to check out the details of the warranty before having any repairs done. Another good guideline to look at when deciding whether repairing is the best option is the price of the repair; if the cost is greater than 50% of buying new, it's probably better to replace. Finally, if the model is an older one, it may be harder to find parts. If the parts are available, they will probably be more expensive and may be harder to install, as well. This means higher labor costs that will be included in the cost of repair.
When to replace kitchen appliances
The biggest factor for most people when deciding to repair or to replace kitchen appliances is the cost. If the cost of replacing is less than 50% of the cost of repairing, it's probably worth looking at a replacement. Energy efficiency is another consideration when making this choice. Older model appliances are notoriously inefficient, and often the newer models will pay for themselves in energy savings in a matter of a few years. Obviously, if the non-working item is a discontinued model or an older version, it is time to replace. If the cost of buying new is too much for your budget to handle, consider buying used or re-conditioned appliances.