-
brightsmith - May 1, 2022
What do you think stresses people out the most? 34% of homeowners say they get stressed out when major appliances breakdown. More than half of these people attempt to repair the item themselves and actually make the problem worse! It’s a better idea to leave the repairs to the professionals.
Fixing appliances is not cheap and many times we are caught off guard. In all the cases we’ve talked with our clients, none of the appliances ever gave any indication that they were going to break. One day you wake up and the fridge is not running, or you start the dishwasher and all of a sudden, you are ankle deep in water. When this happens in life, we want to make sure you’ve got the money to make the repairs you need.
It can happen at any time, and we want you to be prepared when it does. Below are some common costs to repair the appliances that you’ve become dependent on to make things easier.
So How Much Does It Cost?
Unless you’re a regular fixer upper who can repair things at the drop of a hat, you’ll probably need to call someone to come out and service your appliances. No matter what price shopping you might do, calling around to different places will result in the same types of costs.
- Hourly Rates
This is the rate that a service professional will charge you to fix what is broken. Hourly rates will vary from person to person, but we highly recommend that you get someone who is licensed, and not your uncle from down the street or your brother-in-law, who sort of fixed something one time.
- Minimum Service Fees
This is the minimum a service professional will charge to cover travel, diagnosis, and estimates for the issue. It’s usually a one-time fee, but something you should always be prepared for. Again, this fee will vary from person to person.
- Parts
Whether it’s a motor, hose, latch, or hinge, all the parts required to fix your appliance will need to be ordered. Most service professionals have connections to suppliers that charge reasonable prices, and they will do their best to get you what you need for less. It’s rare that a service professional will work with a part you purchased on your own, but you can always ask.
- Type of Appliance
Every appliance is different and the costs of repairing them will differ, but there are some standard ranges you can expect to see. For example, a dryer commonly costs about $180 to repair, while a washing machine will range from $80-$400, and a refrigerator from $180-$400.
- Repair or Replace? That is the Question!
When the service professional is looking at your appliance, depending on the damage and/or age of the appliance, don’t be surprised if the recommendation is made to replace it. That can be a serious hit to your pocket, but something you should be prepared for.
Whether you need to repair or replace your appliance, the Prime Finance Loan Services team can provide you peace of mind by getting you the money you need when you need it. Our installment loans ARE NOT payday loans, instead our team will work with you to review your finances and get you an installment loan you can afford with easy monthly payments. Find a location near you and let our team provide a solution to your home appliance problems.