Yes, because Inflation has affected every sector in the world. New materials and parts are expensive due to increased manufacturing cost, but on the other hand average repair cost is one-tenth (1/10th) the cost of a new refrigerator. Beside this your old repaired refrigerator is more durable than the current new models and they have less life time because modern manufacturers use small parts to perform functions in order to make their refrigerators more energy efficient but they are not long lasting as old models manufactured on the principle of durability not energy efficiency.

There are number of factors that can cause a refrigerator to stop cooling. Some of them are dirty condenser coils, inadequate ventilation, improper installation, faulty or dirty gasket seals, disorganized food storage, appliance placement, and malfunctioning internal parts. Sometime low voltage due to electrical fault is one of the fault too.

The factors that affect refrigerator efficiency is room temperature. A refrigerator works best in a temperature less than 70 degree Centigrade. Above this temp the refrigerator uses more energy to cool things inside it and does not remain energy efficient causing increased electricity bills.

The normal lifespan of a refrigerator is 10 to 15 years depending upon its working environment. A refrigerator with a freezer too can last upto to fifteen years. But you shouldn’t rely solely on its age, the condition of the refrigerator and its proper maintenance can double its life.