good money into older cars or waste of money ??

Helen27

Exclamation Urgent.. Throwing good money into old cars please help !

Hi my current mini is over 100 000 miles just. Next service in 5000 miles £300 at dealer. There is work to be done totalling Aporox £700

The dealer value of my car is £600.
I have seen a better car Bmw v Reg for £3000 less my trade in.
The car is in mint condition 30000 on the clock.

Insurance diff is £20 a month.
Should I get this car or not or wait till it's totally knackered then look at a real cheapie?
No idea what to do please help would love your views.thanks

luvchocolate

better posted on the motoring board I think

aurorahelios

I think you will get a better response posting on the motoring board.

The posters there are pretty good at weighing up depreciation and repair costs

Badrick

Your almost certain to get a cheaper quote for your service and repairs from a local independent garage, I'd ask family or friends if they can recommend anyone.
Also bear in mind, a V reg car will be around 17 years old.
I'd be inclined to shop around on both counts.