Appliances are generally depreciated over a number of years

Appliances are typically depreciated over 3 to 10 years. Appliances are usually depreciated over a period of 3 to 10 years. The specific depreciation period depends on factors such as the type of appliance, its useful life, the speed of technological change and the speed of replacement of the same type of product in the market. For example, household appliances such as refrigerators, washing machines and televisions are usually depreciated over 5 to 10 years. The more high-end professional equipment such as industrial machinery, medical equipment, etc., the depreciation period may be relatively short, about 3 to 7 years.