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At What Point Do You Get It Fixed?

Do you still darn socks?

Most small appliances and electronics are designed to become obsolete quite soon after purchase.

Just like the new car that depreciates considerably when you drive it off the lot, most spiffy-looking toasters, coffee makers, printers, tablets and the like that cost just a few hundred dollars new are not worth getting repaired after the warranty period.

My Rule of Thumb:  If it costs $200 to get a new one... and, $100 to get the old one fixed... Buy a new one.

Note: Realize that the cost of an item usually relates to the cost of any repairs.  High end appliances and luxury cars often cost twice as much to repair than all the others. 

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

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