Cambridge Audio CD Player Has Died


I have a Cambridge Audio Azur 840C CD player that is roughly 15 years old. A year ago the left channel went dead & was subsequently repaired. However, yesterday the audio output completely died (no sound whatsoever). Although the unit has served me well, I am reluctant to continue to put more money into repairs of an older unit.

That being said, I have a question for those of you who have more expertise than I. Is there a discernible difference in sound quality between high-end CD players & those more moderately priced? Although I do have a high-quality audio system, I would prefer not to spend a lot of money on a new CD player unnecessarily.
Thank you so much.
Kit
kitjv
Ha!Same thing happened to me with my nine year old CD player.The parts are no longer available to repair it.So reluctantly I've decided to go with separates-Benchmark transport and a very well reviewed but inexpensive Parasound dac to start.It gives me a baseline that I can compare other dacs to.The new components will be up and running tomorrow so I'll post my first impressions then.
Just so that I am educated on this subject, is it correct to say that a stand-alone CD player is essentially a DAC + a transport? Sorry for the remedial question.
Kit
basic CD Player is DAC and Transport,  sometimes  also include streaming and digital in/out...many believe there are inherent low jitter advantages in an all in one player...
Thank you. As soon as I decide what option I want to pursue regarding the replacement of my CD player, I will seek your recommendations. Many thanks.
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