Repairs or new car dilemma?

[warbler]

Hi. My 7 year old Ford fiesta needs �300 worth of repairs to pass its MOT. For the future, am I better off getting a loan to buy a used car or keep the Fiesta and keep paying for repairs until it dies on me? Thanks.

[adecco1975]

I would do the repairs and keep the car, �300 is an average garage repair bill these days.

[funkymoped]

300 notes isnt too big a bill for an mot..
the cars ONLY 7years old. easily worth the cost of getting it mot`d...

ive spent days under a car that wasnt worth the cost of the welding rods.. at 7 years, your car is an easy fix.
:-)

[mr rusty]

Yes, keep it: �300 is less than a bus pass for the year!

[DirtyHabit]

Keep it. A new car will loose 4 or 5 times that much in value in the first year.

[fiesata]

Repair it - our last Fiesta was sold at 14 years still as a runner old and our current one is 9 years old
It should will go on for many years yet!