A new fridge can be a big expense, so you may want to hold onto your old one for as long as possible. Sometimes though, it’s more cost effective to upgrade. Here are some signs that it may be time to replace: Your food is still warm when you take it out. Food is going off before it reaches its expiration date. Your food is becoming frozen. Ice is forming on your fridge walls. There is a build up of condensation either internally or externally. Replacing your fridge also gives you the advantage of choosing a model with a larger capacity, or helpful features. Newer models are also more energy efficient than older models, so you’ll save yourself money on your energy bill.