Appliances: Repair or Replace?

You love your older, reliable washing machine; it fits perfectly in the laundry room, it’s quiet, and it’s never let you down. One day, though, it just decides to quit working, and you are faced with the dilemma: repair or replace?  While many people may run straight to the local appliance store or start looking online for the newest and best replacement model, there are several factors you may want to consider that might tip the scales in favor of repair.

Cost

Cost, of course, can be the most important factor in deciding whether to repair or replace. It may cost as much to repair a microwave as to replace it, but, when it comes to larger appliances like refrigerators, freezers, washers, and dryers, you may be unable or just unwilling to spend thousands of dollars right now. Before shopping for a new model, get an estimate from a reputable … Read the rest