Repair Cost vs Value – Is It Worth Fixing Your Appliance?

Got a broken oven, washing machine, or fridge and wondering if a repair will pay off? You’re not alone. Most homeowners face the same question: spend cash now on a fix, or put that money toward a new unit? The answer isn’t one‑size‑fits‑all, but the right approach can save you time, stress, and money.

First, figure out what the repair actually costs. Get a clear quote that includes parts, labour, and any travel fees. Don’t settle for a vague “£100‑plus” – ask for a breakdown. Next, check the age of the appliance and its original price. If it’s a 10‑year‑old fridge that cost £500 new, you’re looking at roughly £50 of value left each year. Compare that to the repair price. If the fix eats up most of the remaining value, it’s probably time to replace.

Calculate the real cost of repair

Start with the quoted price. Then ask yourself these quick questions:

  • Will the same part likely fail again within a year?
  • Is the problem covered by any warranty or insurance?
  • Do you have the skills to do a DIY fix safely?

If the answer to any of these is yes, you might be looking at extra hidden costs. A cheap fix today can turn into another call to the technician next month, which adds up fast.

Know the typical break‑even points

Industry guidelines give a handy rule of thumb: if the repair costs more than 50 % of the appliance’s current market value, replace it. Here are a few common examples:

  • Electric oven: Replacement usually runs £400‑£800. If the repair quote hits £250 or more, think about a new oven.
  • Washing machine: New models start around £350. Repairs over £150 often aren’t worth it.
  • Dishwasher: A full replacement costs £300‑£500. If the fix is £200+, look for a replacement.
  • Extractor fan: New fans are £60‑£150. Repairs that cost £80 or more usually make a replacement the smarter choice.

These numbers aren’t set in stone, but they give a clear picture of where the cut‑off usually sits. Keep in mind energy efficiency – a newer appliance can lower your bills, which adds extra value beyond the purchase price.

Finally, consider how the appliance fits into your daily life. A broken fridge means food waste, a faulty oven can ruin meals, and a noisy washing machine may affect your peace of mind. If the inconvenience outweighs the repair cost, replacement is often the better route.

Bottom line: gather a detailed quote, compare it to the appliance’s remaining value, and think about future reliability and energy savings. Follow these steps, and you’ll make a confident decision whether to fix or replace, without second‑guessing later.