Goulds submersible well pumps like the 18GS series are installed deep in a well and supply pressurized water to the home, making service labor-intensive because pulling the pump can require specialized equipment. Repairs are often worthwhile when the issue is in the control box, pressure switch, capacitor, or wiring-components that can be addressed without pulling the pump.
Replacement becomes more attractive when the submersible motor is failing, the pump is sand-damaged, or the unit must be pulled anyway and is near typical life expectancy. If you're already paying to pull the pump, replacing rather than repairing can be cost-effective because labor dominates the bill.
Also evaluate well conditions: sand, low yield, or frequent cycling from a failing pressure tank can shorten pump life. If pump performance is declining (low pressure/flow) and troubleshooting points to worn impellers or motor issues, comparing total cost to the threshold helps guide the decision.