That can depend on a number of factors. Here are some things to consider:

1. What kind of motor is it? Large, expensive or highly specialized motors are almost always cheaper to repair than to replace.
2. Is time of the essence? Can you get a new motor right away, or will it be faster to repair it than to order a replacement? If the well pump or other critical piece of equipment goes down, repairing it now may be the best way to get it back up and running quickly.
3. Is the rest of the machine the motor powers in good shape? If the motor’s the only thing wrong with a $200 compressor, or a $2000 treadmill, getting it fixed makes sense.
4. How attached are you to the thing the motor powers? If you take pride and pleasure in still using your original table saw or your grandmother’s classic 1952 Singer sewing machine, if you just love an all-metal antique fan, or if that stand mixer in a now-discontinued color went perfectly in your kitchen, why not repair or replace the motor and give that object many more years of useful life (assuming number 3 applies, of course).
5. Is the cost of the motor repair less than the cost of a new one? Fixing a $150 sump pump for the price of a new switch and a little labor? Totally worth it. Doing a complete motor rebuild on a $30 blender? Probably not (unless number 4 applies).

We’re always happy to take a look and give you an estimate on repair costs to help you decide.