Now, is it worth putting $400.00 - $500.00 into a $500.00 appliance that's already 10+ years old, well again that kinda depends on the appliance but probably not. Will I do it? If that's what you want then yes, but would probably not recommend it. Now if you have an old Maytag Dependable Care
set then YES
, by all means fix it if the rest of the unit is in decent shape. That was a good appliance. Some of the Whirlpool direct drive washers are worth keeping since they stopped producing them.
On refrigerators, most of them are worth repairing until you have a "Sealed System" problem, ie: bad compressor, refrigerant leak or until they are just rusting out.
My opinion on these new appliances is that a really expensive appliance will do about the same job as a not so really expensive appliance. All the pretty lights and bells and whistles will not make it last any longer or really perform any better.
As I tell my customers: If a $600.00 appliance needs $400.00 to $500.00 in repairs one will probably replace the appliance, but if the same part goes bad on a $1500.00 appliance one will generally fix the appliance..... Does that mean the $1500.00 appliance is any better or is it because one has more money tied into it?
Either case, please don't hesitate to call or email me with any questions I may help you with. Allow me to come out and take a look and see if its worth repairing or replacing.