Bottom-freezer refrigerators should be repaired within seven years and considered for replacement after that. Top-freezer refrigerators should be repaired within three years, considered for repair within three to six years, and replaced if older than seven years.
Consider Replacement: Refrigerators typically have a lifespan of around 10-20 years, and yours is already 23 years old. If the issue is related to significant components like the control system, it might be more cost-effective in the long run to invest in a new refrigerator that is more energy-efficient and reliable.
One factor to consider is the age of your refrigerator. If it's more than fifteen years old, it may not be worth repairing because the cost of parts and labor may be more than that of a new fridge. However, if your fridge is under the fifteen-year mark, it's almost always worth the cost of repair.
A 20-year-old refrigerator could use 1,700 kWh of electricity every year, compared with about 450 kWh for a similarly sized new ENERGY STAR model. At an electrical cost of 12 cents per kWh, that represents a savings of $150 per year and a potential payback of about 7-9 years.
The average lifespan of a fridge is around 12 years; however, some refrigerators can last up to 20 years or more. This average lifespan varies across different refrigerator brands, the refrigerator's maintenance, and the homeowner's willingness to make repairs.
Some of the most long-lasting refrigerator brands come from GE, LG, and Bosch. These refrigerators come at different price points, whether you are looking for a standard model or high-end appliance.
Generally, homeowners should go by the “fifty percent rule”, which simply means that if your appliance is more than 50% of its lifespan, or the appliance repair is going to cost more than 50% of what replacing the appliance would be, then going ahead and replacing the appliance is usually the more cost-effective ...
For example, overloading the fridge with too much food can put extra strain on the motor, which will cause it to work harder and potentially fail sooner. Similarly, frequently opening and closing the fridge door can also lead to premature wear and tear.
Our Top Pick: LG produces excellent refrigerators that perform well in our tests and receive high satisfaction ratings from consumers, including our survey participants. The Smart French Door Refrigerator with Dual Ice Maker stands out for its simple, user-friendly design and customizable features.
The lifespan of a typical fridge ranges from 10-15 years, and if you are still within the first half of this range, you should have plenty of time before needing to replace it. If it is on the upper end of that range, it's likely on its last legs.
Compressor Issues
The compressor is like the heart of your fridge. If it breaks, it's one of the most expensive parts to replace. Fixing a compressor can cost anywhere from $200 to $650.
Buying a new refrigerator altogether might be more cost effective than repeated maintenance and replacement for your fridge's compressor as your refrigerator gets older. A new refrigerator might just be cheaper than several compressor replacements!
Your refrigerator starts making strange noises. A gentle hum is normal as the fan motors inside your refrigerator do their job. Unusual sounds like grinding, scraping, knocking, or rattling are signs of bigger issues. You should also check your ice maker if you hear strange noises coming from your fridge.
Older refrigerators may not be worth the cost of repair, especially if you're experiencing recurring issues. Most fridges last 10 to 15 years, and upgrading to a newer and possibly more energy-efficient model may be more cost-effective.
On average, technicians charge about $45 to $120 per hour, plus a one-time service fee between $150 and $200. When you call a refrigerator repair service near you to look at a fridge, they may charge a diagnostic fee that runs about $60 to $100 to figure out why your fridge is failing.
Which refrigerator brand is most reliable? All three of the appliance experts we spoke to for this roundup said Whirlpool and LG were the most reliable refrigerator brands due to their durability, reliability and ease of repairs. Samsung and GE were also mentioned by our experts as high-quality fridges.
If your 20-year-old fridge has been running well, and only needs minor repairs once in a while, then it is worth keeping it, instead of replacing it. Though, if it ends up needing a major repair, then you should think about replacing the fridge.
One major culprit is the switch from mechanical to electrical systems powering the appliances. “There are a lot more sensors in appliances,” says Darin Williams, owner of Reliable Appliance in Anchorage. “Now, you have digital integration into motors versus strictly mechanical motors.
Age of the Fridge: If your fridge is over ten years old, has major problems, or is just past its refrigerator lifespan, then it might be time to upgrade it. Warranty Status: Check if your fridge is still under warranty, which could cover some repair costs.
If you purchased a high-quality refrigerator for your home initially, you can expect that it will last anywhere from ten to twenty years with the right maintenance. This means that it might be time to think about replacing it once it hits the 15-year mark.
How Long Do Refrigerators Last on Average? Estimates range in terms of how long fridges last; some sources say 10 years while others say as long as 25 years. According to the United States Department of Energy, refrigerators last approximately 12 years. At that point, it's likely time to replace it.