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MOT fail and car finance

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  • MinuteNoodles
    MinuteNoodles Posts: 1,176 Forumite
    1,000 Posts Name Dropper
    marew said:
    to the above comments the cost of repair £633 and that's just to get it past it's MOT, there are also other faults with the car which don't need to be done straight away. The amount owed to pay it off £436.62.

    we are now looking to purchase another car.
    For the £1100 you've got with the MOT and outstanding amount to pay you're going to be getting something with probably less MOT and with it's own problems either needing doing straight away or in the near future. Worst part is you're likely not to find out until you've used it a few weeks.
    How much were you looking to buy one for?


  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    marew said:
    to the above comments the cost of repair £633 and that's just to get it past it's MOT, there are also other faults with the car which don't need to be done straight away. The amount owed to pay it off £436.62.

    we are now looking to purchase another car.
    Yes, buy another car to run into the ground.  Use cash not finance so at least you can scrap it at a time the suits you rather than having to pay the remaining finance.
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