Should You Repair or Replace Your Gaming Console? UK Guide

Did You Know?

Quick answer: As a rule of thumb, repair makes sense if the cost is less than 40-50% of the console's current value. Most console repairs cost £50-£130, making repair almost always more economical than replacement.

Pro Tip

Console Repair Economics: Our 2024-2025 Data

• • 847 console repairs completed across PS5, Xbox, and Switch
• • Average repair cost: £73 - roughly 15-20% of replacement price
• • 92% of customers chose repair after receiving diagnosis quote
• • Estimated savings: £180,000+ vs replacement for our customers
• • Only 3% returned with repeat issues within warranty period

When your gaming console breaks, you face a decision: repair or buy new? This guide breaks down the economics, considering repair costs, console values, and what makes sense for different scenarios. For specific repair information, see our guides on PS5, Xbox, and Nintendo Switch repairs.

The Economics of Console Repair

Gaming consoles hold their value better than most electronics. Unlike phones that depreciate rapidly, a PS5 or Xbox retains significant value years after purchase. This fundamentally changes the repair equation.

Cost comparison

• New PS5 (disc): £479
• New PS5 (digital): £389
• New Xbox Series X: £449
• New Xbox Series S: £249
• New Nintendo Switch OLED: £309
• Average console repair: £60 - £120

Even at the higher end of repair costs, you're spending 25-30% of replacement cost to restore a console to full function.

Console Value Retention

Gaming consoles depreciate slowly because:

• Long software support - Games work for the console's entire lifespan
• No subscription requirements - Hardware keeps working independently
• Consistent gaming experience - No performance degradation over time
• Limited supply - Consoles maintain demand throughout their generation

Approximate value retention

• Year 1: ~85% of purchase price
• Year 2: ~70% of purchase price
• Year 3: ~55% of purchase price
• Year 4+: ~40-45% of purchase price

This means even an older console represents significant value worth protecting through repair.

Repair Cost Thresholds

Use these guidelines to decide when repair makes sense:

• Under 30% of new price - Always repair (no-brainer)
• 30-50% of new price - Usually repair (unless other issues exist)
• 50-70% of new price - Consider carefully (factor in age and condition)
• Over 70% of new price - Replacement often makes more sense

PS5: Repair vs Replace

For detailed repair information, see our complete PS5 repair guide, plus specific guides on HDMI port repair and overheating fixes.

Xbox: Repair vs Replace

For detailed repair information, see our complete Xbox repair guide and HDMI port repair guide.

Switch: Repair vs Replace

For detailed repair information, see our complete Nintendo Switch repair guide and Joy-Con drift fix guide.

Decision Framework

Factors favouring repair

• Repair cost under 50% of replacement
• Console otherwise in good condition
• Downloaded game library attached to the console
• Sentimental value (special editions, etc.)
• Environmental considerations

Factors favouring replacement

• Multiple issues present
• Console already has other problems
• Near end of console generation (new consoles coming)
• Repair cost over 60% of replacement
• Previous repairs haven't lasted

Frequently Asked Questions

What about insurance claims?

If your console is covered by home contents insurance or accidental damage cover, check your policy. Some insurers will pay for repair; others replace the item. The excess on your policy might make repair more economical even with coverage.

Does repair reset the warranty clock?

Third-party repairs come with their own warranty (typically 90 days). This only covers the specific repair performed. The original manufacturer warranty is typically voided by third-party repair.

Should I sell a broken console instead?

Broken consoles have value to repair shops and hobbyists. A PS5 with HDMI issues might sell for £150-£250 on eBay. Compare this to repair cost + functional value to decide what makes sense.