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Lower end white goods, in my experience, have a shelf life of about 8 to 10 years. If you are confident enough to diagnose the fault and source replacement parts yourself then you may be able to eek another few years from it. Personally I'd never get an engineer to look at something that old when there is a decent chance you'll be calling on them in 6 months to repair something else.
Looking at it from an environmental standpoint if you make sure it's properly recycled, then the act of buying a new machine will be better for the environment and your wallet as running costs and energy consumption are MUCH lower. Especially with the more spendy (A rated and upwards machines). We had to buy all new white goods when we moved a year ago as our old ones had to stay at the flat for the tenants. We went for the best we could afford rather than the base models and Mrs Bobbo's spreadsheeting skillz have decreed that we recovered the extra outlay after about 9 months because they consume that much less energy.
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Bobbo
@CYOA
Just been informed washing machine isn't functioning (just as I've gone away for a few days on a shoot). From the description it sounds like the bearings have gone. Idea on cost to repair? Not sure I trust myself doing it. It's an old (from the look of it I'd say 8-10 years) hotpoint but I can't recall model number. Was there when we bought place. Prefer to repair rather than replace for reasons of 'the environment' but is this throwing good money after bad at this stage?
We're also after a dishwasher so could be an opportunity to just buy both new and have done with.