I've got an LG oven (model EM530S) which is about 8 years old. As most things these days, its electric with a LED screen and everything, but is now reporting a fault (runs for 10 minutes, then turns itself off, with no heat). I called LG, they referred me to their local repair contact, who recommended I may want to look at purchasing a new oven instead of trying to repair it, given the cost of parts (PCB, interface, etc) and service ($176 call out fee), and the fact the replacement parts, if they're available, are not guaranteed.
Is that what most people do these days - replace their oven every 10 years or so? Seems like such a waste - planned obsolescence. Mind you, my fridge is 22 years old and still ticking along. Have often wondered if it would make sense to replace the fridge too if newer model ones are more energy efficient (if that's true).
I'd vote Replace if there were a Poll.