Another thing that you want to keep in mind in your decision making is the age of the stove or oven that you’re looking to repair. The average lifespan of an electric stove is 13 years, and a gas stove is 15 years. Those are pretty long-lasting appliances—longer lasting than refrigerators or dishwashers or washers and dryers or freezers. In fact the stove and oven is one of the longest lasting pieces of equipment in your home. If you’re wondering whether you should replace a relatively new stove or oven when the repair bill is low, the answer should be a resounding no. You should definitely pay for a repair, because that appliance has a lot of life left in it.