Planning for replacement of large purchases (car, tv, appliances)

carefullycautious

Can't wait till our 32inch flat screen dies as I hate it with a vengeance. We watch more programmes on iPad which does not eat electricity or be 'in your face' as I feel it is.

As we are mostly downsizing I will have smaller fridge/washing machine etc. Another one here who saves and pays in full.

I do wait until the items are on their last legs before replacing. I purchased my cooker in the late 80s and they don't make them like the one I have. It is solidly built with good gas jets. Have not seen any I would entertain buying.

marisco_2

I put a certain amount away each month into an emergency fund. This is to cover anything from a car problem, house maintenance to items finally giving up the ghost and breaking. I am not one for going out and replacing things that are in perfect working order, just because a newer better model comes out.

My car is 11 years old and I plan to keep running it for as long as possible. It is a reliable little run around that is cheap to fuel and insure.

neverdespairgirl

securityguy wrote: »

Depending on how big it is and how much you use it, the payback period in terms of savings in electricity may be smaller than you think. Especially as you'll have a set-top box of some sort, probably with a switch-mode plug top power supply, handling digital broadcasts that your old TV can't receive directly. Larger CRT TVs are real energy hogs, and you might find that you're as much as fifty pounds a year better off on your electricity bill (26" CRT vs 32" LCD).

it wouldn't be cheaper - our existing TV is an 18 inch one, I think. About that, anyway. And we have it on for about 6 hours a year, so it would take a while to save on the leccie!

eschaton

No need for emergency funds, pots for this and pots for that.

Keep it simple, don't waste your money, keep saving and when something needs replaced - then replace it.

hgotsparkle

We don't put money aside for things as we can't afford it so ours is as follows:

Laptop - don't own one
Tv - my parents have plenty that never get used
Car - my car will be run to the ground whilst getting my insurance down (from accident in november) and then go on finance as its the only option for me, if my car develops a fixable fault but I can't pay it, my step-dad always offers to pay for it and I'm hugely grateful for that and pay back the generosity where I can, if OHs car, well he's pretty much screwed if his car dies
Large appliances like washing machine, fridge, drier - have to rent monthly from Hughes, can't afford to buy replacement as we paid £10 for our current washing machine, was given our fridge by OH family and oven is built in to our rented house so thats LLs responsibility
Sofa - bought our current sofas on ebay for £130 (almost brand new brown leather 3 and 2 seater sofas with footstool, bargain of my life!) so would have to find the money and do the same again.