Replace refridgerator or repair?

[Mike Adams]

I wanted to get the communities thoughts on replacing refrigerators or repairing them.  It usually costs 200 - 300 to diagnose an appliance and then repair them.  Whereas we can get another 20 - 22 cubic foot brand new refrigerator for around $650.00.  On a new building we just bought a few months ago, two units had a stove issue and a refrigerator issue.  Both stove and refrigerator were made in 2005, so they are old. One of the burners on the stove was bad, so we thought it would cost a hundred or two to fix. The labor was $125.00, the tech. call was $125.00 and the part was $34.98. For that amount, we could had just bought a new stove for around $500.00.

What are your guys thoughts on replacing old, 15 year + appliances rather then repairing them? In NY/NJ/CT, repairmen are pricey, so it seems that for bad burners or leaking and not cooling refrigerators should be replaced rather than "diagnosed" and repaired.

[Jonathan Greene]

2005 appliances? Replace every time. You are tossing money away to fix something that is going to keep breaking and will need to be replaced anyway.