I’m sure all of us have experienced having a broken or old furniture that needs to be repaired. We also used to do that. However, don’t bother for repairs when the furniture is pretty old. We learned of the cost of repairs when we did some computations and came up with the decision that it is better to buy a new furniture than have the old one repaired. Although the cost of repair vis-a-vis the new is just 20% to 30%, it’s still a substantial amount considering that the furniture remains old unlike when you buy a new one.