what to do when your vacuum cleaner breaks down? - 2 what to do when your vacuum cleaner breaks...
Post on 09-Sep-2019
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FROM A CONSUMER PERSPECTIVE ECONOMIC IMPACT ANALYSIS
buy additional warranty & repair minor failures
replace whole product without repair
repair all failures without additional warranty
buy additional warranty & repair all failures
WHAT TO DO WHEN YOUR VACUUM CLEANER BREAKS DOWN?
VITO and KU LEUVEN investigated the economical feasibility of four different repair strategies in a project for the Benelux Union.
For each consumer strategy, the total monetary costs related to the purchase, use, repair and disposal of the appliance is modeled. This is called the Life Cycle Cost or LCC.
Comparing the LCC’s for the different scenario’s shows that all three repair scenario’s are favourable compared to the replace scenario.
REPAIR OR REPLACE?
MODELING THE AVERAGE COST FOR ALL SCENARIOS & THREE PRODUCT TYPES
For each of the repair strategies, the average Life Cycle Cost (LCC) was modeled. The LCC is expressed in €/year indicating the total cost of owning and using a product in a certain reference period.
investment cost: purchase price, warranty cost,...
operational cost: energy, service, auxilliaries,...
repair cost: depends on type of repair, warranty period and willing- ness to repair
disposal & replacement cost: disposal cost of old product that broke down & investment cost of new product to replace it
canister vacuum cleaner
upright vacuum cleaner
22 21 18 19
33 32 32
1 2 3 4 1 2 3 4 1 2 3 4
REPAIR OR REPLACE? REPAIR IS CHEAPER!
THREE REPAIR & ONE REPLACE SCENARIO
*based on a normalised purchase price of 100€
FULL REPORT AVAILABLE AT
http://www.benelux.int/files/7915/2896/0920/FINAL_Report_Benelux.pdf PROJECT PARTNERS
PROJECT COMMISSIONED BY BENELUX UNION
© Benelux, VITO, KU LEUVEN