I was able to fix my 20 yr old dryer for $150

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That was a lot cheaper than a newer one that was smaller for $500. Plus, in the last 20 years they haven’t become more efficient so there’s no cost savings on the electric bill.
I bet you could fix your dryer yourself. I watched YouTube videos and it works like it is brand new.
I even fixed the sensor wet/dry cycle that hasn’t worked in years. I don’t care for that option because the heavy clothes never get quite dry, but it’s a choice now. Give it a try. You could learn something new and save a ton of money!