Home Appliance Protection Alternative – What is the Cost of Repair?

Let us for a minute look at the alternatives to appliance protection in the home and try and estimate what it would cost to do the repairs on our own by selecting the right technical support that we can find for the different items that we have in the house. Let us start with your … Continue reading “Home Appliance Protection Alternative – What is the Cost of Repair?”

Let us for a minute look at the alternatives to appliance protection in the home and try and estimate what it would cost to do the repairs on our own by selecting the right technical support that we can find for the different items that we have in the house.

Let us start with your heating systems. If it suddenly gave up on you then research shows that it would cost you upwards of $1,000 to replace. This is assuming that you get the right advice and somebody does not fleece you for extra as some heating systems companies are notorious for doing.

What about your hot water system. Chances are that it would cost you no less than $400 to repair.

When it comes to plumbing repair charges the figure varies widely depending on what the problem is. However there are also hidden costs. For instance if the plumber repairs the symptom rather than the cause what will happen is that the problem will recur after a very short time and you will again need to pay for the new repairs. You would of course need to be a plumber yourself or have plenty of experience in this area to make sure that your problem has been fixed in the right way and will not recur again in a hurry.

Moving to the electrical in your house, some of them would put you back several thousand dollars to repair or replace when you add up the costs in the space of one single year.

So would the alternative to home appliance protection be worth your while? You answer that question for yourself.

Home Appliances – How Do I Know When to Repair OR Replace My Home Appliance?

To Repair OR Not to Repair Your Major Home Appliance… That is the Question!

Not quite the old Shakespearian question, but close enough in today’s modern time of expensive appliances. What do you do when your fridge is running, but NOT as cool as a cucumber? Or your oven’s heating capacity is pretty similar to the baking power in your daughter’s Easy-Bake-Oven. Ever heard of wet ice… it’s funky name for water, meaning your icemaker is broken. If the dishes look worse than when they went in the dishwasher, you’ve got a problem and it doesn’t take an expert to figure it out. Obviously there’s a lot of stress involved with online research for you specific appliance, advice from friends and family, manufactures giving you the runaround, and conflicting product reviews. Whether you like it or not, it’s a major household decision when it comes to Repairing OR Replacing your Kitchen or Laundry Appliance. Here are a few pointers to consider when it becomes crunch time to make your final, gut wrenching decision.

1) How Old is Your Kitchen or Laundry Appliance?

If it’s beyond the kitchen or laundry Appliance’s Life Expectancy, then it is probably time to put the home appliance out to pasture. Only exceptions are when it comes down to antique or top-of-the-line expensive appliances that have greater worth than just your standard residential appliance.

National Averages for Your Household Appliance’s Life Expectancy:

Refrigerators: 14 years

Freezers: 16 years

Gas Stoves or Ovens: 19 years

Electric Stoves or Ovens: 16 years

Range Hoods or Vent Hoods: 14 years

Microwaves (not countertop models): 8 years

Dishwashers: 12 years

Washing Machines: 12 years

Gas Clothes Dryers: 13 years

Electric Clothes Dryers: 14 years

Garbage Disposals and Trash Compactors: 13 years

2) Cost to Repair Broken Appliance VS the Purchase Price of a Brand New Appliance

Sorry, sentimental value does not factor into this cost. If the Cost to Repair is greater than Half the Value (50%) of the Price to Buy a Brand New Appliance, it’s probably a wiser choice to invest in a new home appliance. Also, the cost to run a newer appliance is also Much Lower and Eco-Friendly, than your older laundry or kitchen appliance in most cases. In some circumstances, the Energy Savings per year can actually pay for the full cost of the newer appliance. These Energy Saving Appliances are labeled with a big yellow “Energy Guide” tag that can be found on some new appliance in local stores or online. The government even offers a tax credit on some refrigerators, dryers, washers and more with this tag. Once again high-end, expensive, commercial or antique appliances are an exception to the rule.

National Averages on the Cost of a NEW Residential Appliance

Refrigerator: $800-$2700

Stove/Oven: $400-$1300

Non-Countertop Microwave: $300-$600

Dishwasher: $400-$1300

Washer: $600-$1100

Dryer: $500-$1200

3) Check the Manufacturer’s Warranty, Before You Call an Appliance Repair Company

You should always check with the manufacturer or reference the appliance’s user manual first. You can see if the appliance is under warranty or if there were any recalls that you may have missed. Most manufacturers even keep replacement parts for at least 10 Years Beyond the date the laundry or kitchen appliance was made. This will give you a relative idea of how available the parts are to repair your appliance in the future.

So I hope this helped with your “Repair VS Replace My Home Appliance” decision. Just remember to ask yourself these 3 Simple Questions above and I’m sure that you’ll come to an easy, stressless, affordable conclusion. Also, keep in mind that an honorable and trusted appliance repair company might be able to provide more indepth information to your specific household needs. Thanks for reading and take care!