If you’re having fridge problems, knowing whether or not to replace it or simply pay to have it repaired can be a tricky proposition. Replacing a fridge is costly, but then again, so is repairing one and buying a new one – in some cases- can save you money in the long run. Here are some ways to tell whether or not your refrigerator should be repaired or simply replaced.
How much would the repairs cost and how many times have you gotten it fixed?
Consumer Reports states that the maximum price you should pay to repair your fridge should never exceed half of what it would cost to replace it. If it does, you really ought to consider buying a new unit. Another rule of thumb – how many times has it been repaired? If this isn’t the first time you’ve had trouble with your fridge, you should replace it.
How old is it?
Given how sizeable a purchase it is, most fridges are meant to last at least a decade or so. Sears Home Services estimates the typical lifespan is between ten to thirteen years. While that may sound like a good deal, in reality, they don’t always last that long. Forbes suggests replacing your fridge if it’s over ten years old and in frequent need of repairs. Meanwhile, Consumer Reports suggests an eight-year window for built-in fridges, but only five years for side-by-sides.
How’s the condenser?
If you have a particularly loud fridge, it could mean that your condenser isn’t working properly. A report on The Today Show notes that this may not necessarily mean the fridge is beyond repair, but it’s considered a problem that might merit replacement, as does improper cooling.
What problems might not be too serious?
Some fridge problems are less serious than others and can be easily repaired, such as doors that don’t close properly, noise stemming from the fan, or issues involving making ice. However, you should always keep in mind the potential costs and consider whether or not you’re ready to replace your fridge.