Here is an answer to a similar post  https://justaskal.info/topic/life-span-of-kitchen-appliances/

I would buy a new one, a thermostat isn’t the hardest thing to repair but that stove in general has been problematic and i am afraid of other problems with the panel down the road. Not a very reliable brand

It is one of the best and most reliable units on the market. Kind of a hidden gem,  simple basic yet robust and reliable. A no frills brand that packs a punch, some people complain its to small meanwhile their on washer #3 and the speed queen owners still washing away!  Thumbs up from me -Al

Here is an answer in one of the forums https://justaskal.info/topic/gas-or-electric/