I had recently submerged my phone when I fell into a pool

I jumped out and immediately ripped apart my phone to let dry, obviously it doesn't work as before, muffled voice, some buttons don't work, etc, etc. My only question is if anyone knows, would it be cheaper to buy a new phone or send it out for repairs. I have never sent any other phone out to get fixed, heck I don't even know if they will fix a water logged phone. I have no insurance on it so I honestly don't know what way would be cheaper, thanx for any replies, chuck