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Should we sell the car?

smiler34
smiler34 Posts: 430 Forumite
Hi all just looking for some advice. My husbands parents bought us a car about 18 months ago, its a 2004 renault scenic, basically they bought it for more than is was worth from a garage and it hasn't started properly since we got it but obviously we don't say anything bout it cause it was free. Anyway over the last 6 months we have spent £1000 on repairs on it and now it needs more repairs which are gonna cost £500 (We always get it done cheap as poss).
I said to my husband I think we should think bout selling the car and try get a smaller cheaper one rather than blow another £500 on this car. We can't have anything too small as we have 3 kids but the tax is really high on our current car soon so hopefully we would be able to save a bit on that. What does everyone think?
Before anyone says, I know it seems a bit harsh to sell a car that was bought for us so soon but we just can't afford to keep up to repairs, as we've also had to pay for a wedding recently.

Thanks
Mummy to two beautiful girls and one gorgeous boy.
:D:D:D:D:D:D:D:D:D:D:D:D:D:D:D:D

Comments

  • waynedance
    waynedance Posts: 673 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    What has been wrong with it and what is wrong now???
    Google gives you answers use it.........
  • forgotmyname
    forgotmyname Posts: 32,794 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You will be selling a medium sized car that you know for an unknown box of expensive bills for the sake of £200 a year?

    Sisters kids have all grown up and she is looking for a small car to run around in. The insurance is on average £20 cheaper than her large family car. Some cars are actually dearer to insure.

    She looked at a fiesta but it had been bodged and needed a fair bit of work.

    So any savings would be spent very quickly. Sometimes larger cars can be as cheap to run as a small car.
    Censorship Reigns Supreme in Troll City...

  • Notmyrealname
    Notmyrealname Posts: 4,003 Forumite
    Whatever you buy for that money will have faults or not be long from having them.

    Once you get below the £2000 mark, you are in gamble territory.
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