Why is TV repair more expensive than buying a new one?

First of all, It depends on several factors such as the age, the cost of repairs, and sentimental value.

In general, repairing a TV could cost anywhere from a few hundred dollars to a few thousand, depending on the issue.

So the reasons for this:

1. Complexity of the Issue: The intricacy of the problem significantly influences the cost. Simple issues like a faulty HDMI port may incur a lower repair cost, while more complex problems, such as a malfunctioning motherboard or power supply, can be more expensive to address.
2. Availability and Cost of Parts: The availability and cost of replacement parts play a crucial role. If the TV requires specialized components that are scarce or expensive, the overall repair expense will be higher. This is particularly true for older or less common models.
3. Labor Intensity: As mentioned, TV repair shops charge for labor, typically ranging from $60 to $125 per hour. Labor-intensive repairs, especially those involving intricate disassembly and diagnosis, contribute significantly to the final bill.

If the TV is relatively new, still under warranty, and has sentimental value, repairing it might be worth it.

However, if the TV is already a few years old and has multiple issues, it might not be worth spending that kind of money on repairs.