Laundromats depend on the health and efficiency of their washing machines and dryers, so it’s important that you know when to repair and when to replace a washing machine. You’ll need to consider longevity, efficiency, repairs, overall cost, and operational costs (electricity, water, etc). Washing machines have come a long way in the past several years, and newer models have higher costs as well as higher quality. Are you ready to upgrade? Or should you work with what you’ve got?
When to Replace a Washing Machine
Has your old machine broken down? Consider your options carefully before you spring for a pricey repair. If the appliance is still under warranty, of course you should take advantage of the option. However, if your appliance is no longer under warranty, you will need to contact your distributor so that they can diagnose the problem and offer an estimate of the repair’s cost. Consumer Reports recommends replacing the appliance if fixing it will cost 50% or more of the original purchase price.
The best way to decide whether or not to replace a washing machine is to conduct a side-by-side comparison, weighing all of the costs involved and factoring in cost-related elements:
- BASIC COST. What did you spend on your old washing machine? What will a new machine cost? Remember that prices for washers have probably gone up in the years since you purchased your old washer.
- LIFE EXPECTANCY. How long will your machine last? The average life expectancy of a new washer is 11 years; older machines were not made to last as long. If a very expensive washer will last far longer than a thrifty option, it may be worth the extra cost.
- RELIABILITY. Does your current machine break down a lot? Is it difficult and costly to repair? How reliable is the new machine you’re considering? Repairs aren’t just costly and stressful; their downtime will also lower your profits.
- EFFICIENCY. Don’t underestimate the savings offered by highly efficient washers. Bearing the Energy Star seal and designed to use 10-50% less energy and water than conventional models, these washing machines have a higher upfront cost but they can save you money in the long run. Plus, some energy-efficient appliances offer tax credits and rebates. You can decrease your impact on the environment as you decrease your overall business costs. If your machine was built before 2005, it is probably using far more water and electricity than it needs.
Knowing when to replace a washing machine can be tricky, so we recommend researching your options, figuring out how much your current machine has cost, and breaking down the numbers. And if your washer is ten or more years old, it’s almost certainly time to invest in a new machine. Major breakdowns and costly repairs could be right around the corner.
We recommend choosing a product with an Energy Star label, which guarantees that the washing machine meets the strict efficiency guidelines established by the U.S. Department of Energy and EPA. In addition, be sure that your new machine comes with a great warranty so that you can avoid those frustrating repairs. Finally, we highly recommend that you work with a full-service distributor who can provide the service and supplies you need to keep your machines running efficiently for years to come. Speaking of which . . .
Are you on the hunt for high-quality commercial laundry equipment? If so, be sure to check out Laundry Solutions Company, a full-service provider of premium vended, on-premises, and multi-housing commercial laundry equipment. Since 1976, we have been providing exceptional sales support, laundry design services, commercial laundry equipment (and leasing options), and laundry equipment service and parts. Although headquartered in Springfield, MO, we also operate out of Tulsa, Kansas City, and St. Louis, and we’re proud to be the sole authorized distributor for Speed Queen equipment in the states of Arkansas, Missouri, and Oklahoma. To learn more about our products and services, please give us a call at 800-383-9274 or contact us online. We look forward to hearing from you!