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Repair or replace?
A quick check using the 50 percent rule: if a repair costs more than half the price of replacing, and the item is past half its expected life, replacing is usually the better use of your money.
Result
Enter your numbers
- Repair as share of replacement
- Share of expected life used
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Before you decide
- Safety first. A leaking water heater tank, a cracked furnace heat exchanger or anything involving a gas leak means replace or call a pro now, whatever the math says.
- Running costs. A much more efficient replacement can lower monthly bills, which shifts the math toward replacing.
- Get two quotes for each option. Replacement quotes vary even more than repair quotes.
- Your plans. If you're selling soon, a solid repair often makes more sense.
Lifespans are rough national averages. Read the full guide: Repair or replace? The 50 percent rule.