Should I repair or replace my appliance?

I'm trying to decide if I should repair my old washing machine or just buy a new one. What should I consider?

You should consider the age of the washing machine, the cost of repairs, and the price of a new one. Generally, if repairs exceed 50% of the replacement cost, it might be better to replace.

My washing machine is 8 years old, and the repair estimate is $400. A new one costs $800. What do you think?

Since the repair cost is 50% of the replacement cost, it's a tough call. If the machine has been reliable, repairing might be worth it. But if it has had issues before, replacing could save you future headaches.

What about energy efficiency? Would a new machine save me money in the long run?

Yes, newer models are often more energy-efficient, which can lead to savings on your utility bills. You might want to calculate the potential savings over time to see if it justifies the cost.

Thanks! That helps a lot. I'll think about it.

You're welcome! If you have any more questions or need further assistance, feel free to ask.