At Nick's Appliance Repair Company, we believe that the decision to repair or replace an appliance should be based on an assessment of the appliance's age, the cost of repair, and the overall value it provides. If the appliance is relatively new and the cost of repair is less than the cost of buying a new one, then it makes more sense to repair it. However, if the appliance is old and the cost of repair is high, it may be more cost-effective to replace it.