As an expert in the appliance repair industry, I am often asked whether it is worth it to fix an old refrigerator. The answer is not a simple yes or no, as there are many factors to consider before making a decision. However, our research has shown that in most cases, repairing a refrigerator that is less than 10 years old is more cost-effective than replacing it. To help homeowners make an informed decision, we have created a handy tool that compares the cost of repair versus replacement. This tool takes into account the average lifespan of a refrigerator, which is 10 to 15 years.
So, if your refrigerator is still relatively young, it may be worth repairing. One of the main factors to consider when deciding whether to repair or replace a refrigerator is the cost. In many cases, the cost of repairing a refrigerator is significantly lower than buying a new one. However, if the repair cost is more than half the price of a new refrigerator, it may be time to start looking for a replacement. When considering the cost of repair, homeowners should also take into account the price of labor and materials. This is especially important for older model refrigerators, as they may require more expensive parts and specialized labor. The age of the refrigerator also plays a role in determining whether it is worth repairing.
According to wikiHow, built-in refrigerators are generally worth repairing, as well as those that are two years old or younger. Adjoining refrigerators that are five years old or less and lower freezer refrigerators that are seven years old or less are also good candidates for repair.