How to Spend Your Money Wisely When Repairing or Replacing Appliances
Large home appliances are some of the most expensive items to a person’s name, right behind their car and the deed to their house. But many homeowners don’t spend much time thinking about or caring for their appliances until the damage has already been done. Suddenly, the refrigerator or the oven stops working, and the person has no idea whether they should repair or replace one of the biggest items in their home. This is a common dilemma for many homeowners. A person can save a lot of money when dealing with a broken appliance if they’re willing to do some homework.
Know the Life the Appliance
When dealing with a broken appliance, it’s important to understand the lifespan of the item. This will tell the person how much longer their appliance will last and whether or not it’s worth spending the money to have it repaired. The National Association of Homeowners recommends using these numbers as a reference:
- Air conditioner: 15 years.
- Dishwasher: 9 years.
- Dryer: 13 years.
- Garbage disposal: 12 years.
- Refrigerator: 13 years.
- Stove: 13 to 15 years.
- Washer: 10 years.
These numbers can vary a bit based on the brand and whether the appliance has been well maintained over the years. If an appliance is getting towards the end of its lifespan, it’s probably best to have it replaced.
Check Your Warranty
Homeowners should also take the time to check their warranty information. If the appliance is still covered by the warranty, the person should have it repaired while they still can. Most manufacturers offer long-term warranties, so there’s a good chance that the item is still protected. Homeowners should also get in the habit of keeping a copy of their warranties in a safe place.
Consider Your Current Financial Situation
If the appliance isn’t covered by a warranty, the homeowner should contact an appliance repair company in their area to get an estimate. If the repairs will cost around 50% of the item’s total cost, it’s best to start from scratch and buy a new one.
If the person doesn’t have a lot of money when their appliance breaks down, they might have to have it repaired just to get by in the short-term. It all depends on what the person can afford. It usually makes more financial sense to replace the broken item sooner rather than later instead of spending money on intermittent repairs over the next several years.
Those looking for a company that provides appliance repair in Marin should contact Absolute Appliances Repair for the best customer service in town!