New Appliances vs. Used Appliances In Rentals

[Bobby Valcin]

I'm a property manager in Palm Beach County and I've grown increasingly frustrated with the costs associated with appliance repairs in recent months. This is causing me to reconsider only using used appliances in our units and switching to installing new appliances if the price is right. I'm wondering at what point from a price perspective does it make sense to go with new vs used? We can usually get used stoves for about $200-$220 including delivery, install, and removal of the old stove. A new stove seems to be in the $400-$450 range just doing a quick search online. The price difference seems to be the same when it comes to dishwashers and microwaves, but much greater when it comes to refrigerators.  

I just want to get some thoughts from BP and maybe some strategies that others have found to work well when it comes to appliances.