View Single Post
Old 06-05-12, 02:23 AM   #5
RobertSmalls
Journeyman EcoRenovator
 
RobertSmalls's Avatar
 
Join Date: May 2009
Location: Buffalo, NY
Posts: 344
Thanks: 3
Thanked 17 Times in 15 Posts
Default

Regarding the bonus question, add up the total cost of ownership, and try to account for the intangibles. Perhaps you want to account for the environmental impact of having a new fridge manufactured, so apply a $50 penalty to the "new" option. You don't like buying electricity, so bill that at a higher rate than you actually pay.

I ran some quick numbers, assuming you're going to buy the unit now, operate it every day for 5 years, then sell it. You'll have to plug in your own numbers, but my spreadsheet says you should buy new if you can get it for within $200 of the used price.
RobertSmalls is offline   Reply With Quote