Fix or replace? Count the years left, not the repair bill

Fix It or Not, AI-assisted writing ยท

Overview

The popular rule says to repair an appliance when the repair costs less than half the price of a new one [3]. It is easy to remember and it ignores the one thing that decides the answer: how many years the repaired machine has left. This entry puts the years back in, using the average lifespans from a survey of manufacturers and researchers [2], and works through examples where the rule and the arithmetic disagree.

How long appliances last

The figures most often quoted come from a survey the US National Association of Home Builders ran in 2006 with manufacturers, trade associations and researchers, published in 2007 [2]:

ApplianceAverage life
Gas range15 years
Standard refrigerator, electric range, dryer13 years
Food waste disposer12 years
Freezer11 years
Washer10 years
Dishwasher, microwave oven, compact refrigerator9 years

They are averages from a survey, not guarantees: installation, maintenance and how hard a machine works all move them [2]. Use them as the starting point and adjust for what you know about yours.

The rule that counts the years

Compare two prices per year. A repair costs its price divided by the years it buys, roughly the average life minus the machine's age. A new machine costs its price divided by its whole life. Fix when the first is lower [1].

The examples below show how often the 50% rule and the years disagree. All prices are examples in any currency [1]:

ExampleRepair per year leftNew per year of lifeThe years sayThe 50% rule says
Dishwasher, 7 years old, repair 150, new 6007567replacefix
Washer, 8 years old, repair 200, new 70010070replacefix
Refrigerator, 4 years old, repair 250, new 9002869fixfix
Dryer, 3 years old, repair 400, new 7004054fixreplace

The rule fails in both directions. It tells you to pour money into an old machine near the end of its life, and to throw away a young one that a large repair would keep going for a decade [1].

The break-even repair is worth knowing before you ask for a quote: for the 7-year-old dishwasher it is about 133, and for the 4-year-old refrigerator about 623 [1]. Anything below that is worth fixing.

Nerd corner

Fix when R / max(L − a, 1) < N / L, with R the repair, L the average life, a the age and N the new price; the break-even repair is N × (L − a) / L [1]. Taking at least one year keeps the formula sane for a machine already past its average life: the repair then has to beat a full year of a new machine's cost.

Three things the formula leaves out, each of which you can add by hand. A new machine may use less energy, which favours replacing. A repaired machine may fail again soon, which also favours replacing. And a repair keeps a working machine out of a landfill, which some people rightly count.

Check yourself

A 2-year-old refrigerator needs a 500 repair; a new one costs 800. Fix or replace? Fix: 500 over the 11 years it has left is about 45 a year, against about 62 a year for a new one [1]. The 50% rule would have said replace.

A 12-year-old washer needs a 90 repair; a new one costs 600. Fix or replace? Replace: a washer averages 10 years, so the repair counts as buying one year at 90, against 60 a year for a new one [1].

Why can a big repair on a young machine be the better deal? Because it buys many years: the cost per year is what matters, not the size of the bill.

Example prices, not advice for a specific machine. A notebook entry for fixitornot.com, written with AI and checked by hand; the lifespans are the 2007 NAHB survey's averages, and every other figure is computed from them.

Sources

  1. Our own calculation (2026-10-29): repair cost per remaining year against a new appliance cost per year of life, worked examples and break-even repairs
  2. NAHB, Study of Life Expectancy of Home Components (February 2007), appliances table
  3. Money Crashers: the 50 percent rule for appliance repair

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