Chances are very slim your toaster oven is repairable anyway if the heating element burns out. A replacement part is not available, and there's no way to reliably repair a break.
Even if it could be fixed, the low replacement cost makes it uneconomical. Parts and labor would run close to $50, maybe even exceed that price.
Unless you can find a part and do the repair yourself, small appliances today are throw-away items.
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