Though some appliances may feel like it, they are not really meant to be disposable. 
And gone are the days when a squeaky belt was an excuse for a new dryer. Shelling out a few bucks for parts rather than setting up a payment plan for a replacement, just makes common sense. It can be affordable to repair appliances, depending on the problem of course and whether you need a service personnel to do the work.
When it comes to a small appliance, sometimes repairing is not cost efficient, especially if you have to pay for shipping back and forth to the service depot. But it really depends on the price of the appliance, how old it is and the likelihood that once repaired, you'll enjoy it trouble free for awhile.
As for large appliances, the same logic of age, repair costs and so on is still a good rule of thumb when trying to decide whether to fix it, but don't forget the energy efficiency that you might gain if you replace it. That aside, figuring out what the problem is, how much the replacement parts might be worth and where to get them is usually the difficult part.
PartSelect.com has designed a helpful diagnostic infographic that can help you troubleshoot your appliance problem by giving you the estimated cost of repair and replacement, so you can make an informed decision whether to keep and fix the appliance, or toss it. Though not foolproof, this troubleshooting tool could come in mighty handy the next time one of your large appliances breaks down. Find this graphic tool in their What to do With Your Broken Appliance - Repair or Replace. If you click on the little pulsing buttons in this graphic, you'll get cost estimates, symptoms and other information.
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