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In general, yes, it's worth repairing an appliance over replacing it. If the repair will give you more years of reliable service from the oven and the repair costs less than buying a comparable new model, then yes, get it repaired. If, on the other hand, the oven is reaching the end of its life and needs a costly repair, you're likely better off buying a new oven.

Refinishing an appliance is often less expensive than buying a new appliance. But if your appliance is heavily dented, refinishing it won’t cover that damage. Also, for old appliances that aren’t in good working order, a coat of paint won’t help. It’s a safer long-term solution to replace old, faulty appliances

You might also consider refinishing your appliances if you want to achieve fun colors. For example, you might not be able to find a cobalt-blue refrigerator for the funky, retro kitchen of your dreams, but refinishing the fridge can help you achieve that aesthetic.

Removing the original paint or stain before refinishing is a good idea, as it ensures the new finish bonds strongly to the wood. If you skip the stripping or sanding step, the new finish may peel or flake away from the railing easily. Using a wood stripper will completely remove the old stain or paint while sanding will help to prime the surface.

Refinishing typically takes 1-3 days, allowing for adequate drying times between coatings to ensure a durable finish.