When the washing machine malfunctions, it can easily disrupt our daily lives and cause chaos. Whenever this happens, it comes down to this eternal question: Is it worth repairing an old washing machine?
In this era of single-use products, it has become an expected normality to simply replace our appliances when they malfunction to avoid dealing with any trouble regarding repairs.
However, there are certain occasions when investing in a solution for our washing machine can be a beneficial decision.
Are you uncertain if it’s worth repairing your washing machine or buying a new one? If so, this article is here to help. Read on for advice that will assist you in making the best decision for your needs and budget!
Considering Whether to Repair or Replace Old Washing Machine
In considering whether to repair or replace your washing machine, there are a few factors you need to examine. Be sure to consider these factors when making your assessment:
- Original purchase price: Comparing the purchase price with the cost of the repair can give you a better indication of the right decision to take.
- The number of repairs done: If this is not the first time you’ve had to repair your washing machine, it may be best to purchase a new one instead.
- Availability of replacement parts: If the necessary replacement parts are not readily available, it may be more cost-effective to purchase a new washing machine.
- Increasing repair costs on parts: Depending on the brand, the cost of parts may be increasing, making it more sensible to purchase a new machine instead.
- Depreciation of the unit: The older your washing machine, the lower its value. In this situation, it may be best to purchase a new one as you will get more for your money in terms of features and overall performance.
- Probability of further repairs: If your washing machine has undergone several repairs and the likelihood of further problems is high, it may be best to purchase a new model than opt to repair it.
- Increased labour cost for older models: The labour cost for repairing washing machines is increasing, and this may add to the overall expense.
Washing Machine Repair Costs VS New Washing Machine Cost
When examining whether your should repair or replace your washing machine, the most usual answer is to compare the cost of the repair versus that of a new washing machine.
But this doesn’t stop here. Let’s dive in and take a closer look at the financial implications involved:
Know Your Washing Machine Lifespan
The average expected lifespan for most washing machines is around 8 to 10 years. Washing machines that are older than this would require more frequent repairs, which can end up costing more than the overall value of the appliance itself.
The Cost-Benefit Rule
To decide whether it is worth repairing or replacing your broken washing machine, it is important to weigh out the costs and benefits associated with both repair and replacement options. Take into account the overall efficiency, performance, features, and cost of both solutions to determine which is the most beneficial.
What is the Cost of Repairing an Old Washing Machine?
The overall cost to repair a washing machine averages $150 to $400. The repair cost is usually determined by the parts required and the labour involved in troubleshooting and replacing those components.
What is the Cost of Buying a New Washing Machine?
Purchasing a new washing machine can generally range between $300 to $2,000 depending on type, size, brand, and features. The higher-end models can have more features and a longer expected lifespan, making them a worthwhile investment.
Washing Machine Repair Cost by Project Range
- Simple Fix: Simple fix like replacing a belt or agitator will cost around $100.
- Replacing Wiring: If the wiring needs replacing, you should expect to pay around $200.
- Motor Replacement Parts: Replacing the motor can be expensive and can range from $300-$400 depending on the type of washing machine and replacement part.
- Replacement of Control Board: Replacing the control board can cost between $400-$500.
- Replacement of Motor or Water Pump: Replacing a motor or water pump can cost up to $600.
Washing Machine Repair Cost by Type
- Portable: The average cost to fix a portable washer is between $85 and $150. Portable washing machines usually require repair for common issues such as hose leaks, broken wheels, and faulty motors.
- Compact: The average cost to fix a compact washing machine is between $150 and $400. Common repairs include replacing the water pump or drum motor.
- Full-Size: The average cost to fix a full-size washing machine is between $150 and $400. Common repairs for full-size washing machines are replacing the agitator, water pump, or drum motor.
- High-End: The average cost to fix a high-end washing machine is between $200 and $1000. These machines often require more expensive parts such as control boards, drain pumps, and valves.
Washing Machine Repair Cost by Brand
- Kenmore: This brand has a wide range of washing machines, and the average repair cost can range from $150 to $800 depending on the type of repair needed.
- Whirlpool: Whirlpool also offers a wide variety of washing machines, with an average repair cost ranging from $100 to $600.
- Maytag: Maytag washers typically cost between $150 and $400 for most repairs.
- Samsung: Repairs for Samsung washers typically range from $200 to $500.
- LG: Common repair costs for LG washers range from $100 to $600.
- GE: Repair costs for GE washers range from $150 to $500.
Washing Machine Repair Cost by Problem
- Water Leak: Leaking is just one of the most common appliance problems. Generally, issues like this will cost $150 to $200.
- Motor Issues: Motors can be quite expensive to replace and will generally cost about $300 – $400.
- Drum Problems: Replacing a washing machine drum typically costs between $250-400 depending on the type of washing machine.
- Control Panel Problems: Control panel problems, such as faulty displays, can cost anywhere from $150 to $400.
- Soap Dispenser Issues: Replacing a broken or malfunctioning soap dispenser usually costs between $100 and $200.
- Door Lock Issues: A faulty door lock may require replacement parts costing up to $300.
- Spinning Problems: Spinning problems can range from $200 to $500, depending on the parts needed.
Other Considerations and Costs
- Purchase Agreement: When purchasing a washing machine, you may be offered an extended warranty or purchase agreement for the appliance. These agreements can help protect you from future repair costs and give you peace of mind in case of any issues with your appliance.
- Qualified Technician: It is important to hire a qualified technician to fix any issues with your appliance. A reputable appliance repair company can help ensure that the job is done correctly and in a timely manner. Depending on the issue and complexity of the repair, labour charges can range from $50 to $100 per hour.
- Professional Installation: If you are replacing a washing machine entirely, it is recommended that you hire a professional appliance technician. Installation fees can range from $50 to $100 depending on the type of washer being installed.
- Life Expectancy: The average life span of a washing machine is about 8 to 10 years. If your appliance is within this range, it may be more economical to replace the entire unit instead of attempting repairs.
- Discounts and Referral Credits: Appliance repair companies often offer discounts or referral credits for customers who refer their services to friends and family. Be sure to ask your technician if they offer any promotional offers before getting started.
Will You Repair or Replace Your Washing Machine?
If you are thinking, “Is it worth fixing my washing machine” review all the factors involved. Consider the initial purchase price of the washing machine, the number of repairs done in the past, the availability of replacement parts, the likelihood of further problems, increasing repair costs, and the expected depreciation of the machine.
In that way, you can weigh the value of repairing or replacing your washing machine and make an informed decision. It is important to keep in mind that while repairs may be cheaper initially, they may be costly in the long run. The decision is ultimately up to you!