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Would you buy an old car back?

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So last week i sold my 2008 MK5 GTI on ebay as spares and repairs as it had a running problem kept cutting out and i was already £400 in on repairs and still had the problem so decided for ebay auction. The guy who bought it off me for £1120 last weekend has messaged today saying he has repaired the car (faulty throttle body) and put new coil packs in and do i want to buy it back for £2k. I had owned the car since July 2014 and did love the car and was attached to it still am obviously lol. I am tempted to buy it back what would others suggest? i know i will regret it if i don’t lol.

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  • As you say, you’ll regret it if you don’t. If you can afford it, go for it. 
  • born_again
    born_again Posts: 20,519 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Gam2015 said:
    So last week i sold my 2008 MK5 GTI on ebay as spares and repairs as it had a running problem kept cutting out and i was already £400 in on repairs and still had the problem so decided for ebay auction. The guy who bought it off me for £1120 last weekend has messaged today saying he has repaired the car (faulty throttle body) and put new coil packs in and do i want to buy it back for £2k. I had owned the car since July 2014 and did love the car and was attached to it still am obviously lol. I am tempted to buy it back what would others suggest? i know i will regret it if i don’t lol.
    No...
    You wanted rid having spent £400, yet are thinking of buying it back & spending another £880 on it, in the hope it is fixed.

    How much do you think the parts they bought (maybe 2nd hand) cost?
    Life in the slow lane
  • Arunmor
    Arunmor Posts: 602 Forumite
    500 Posts First Anniversary Name Dropper
    No...
    You wanted rid having spent £400, yet are thinking of buying it back & spending another £880 on it, in the hope it is fixed.

    How much do you think the parts they bought (maybe 2nd hand) cost?
    That's called opportunity cost.  The guy has taken the risk and used his knowledge to fix the problem and derves a turn on the car.  If the OP doesn't buy it then someone else will.  The OP can check the car out and make and offer and then haggle from there.


  • Gam2015
    Gam2015 Posts: 162 Forumite
    Ninth Anniversary 10 Posts Name Dropper Combo Breaker
    Arunmor said:
    No...
    You wanted rid having spent £400, yet are thinking of buying it back & spending another £880 on it, in the hope it is fixed.

    How much do you think the parts they bought (maybe 2nd hand) cost?
    That's called opportunity cost.  The guy has taken the risk and used his knowledge to fix the problem and derves a turn on the car.  If the OP doesn't buy it then someone else will.  The OP can check the car out and make and offer and then haggle from there.


    So would you buy it back if you was me? I could easily get a couple of year out of it if is fixed. 
  • I'd look to buy the same type of car again, if it was what I wanted and ticked the boxes.

    Would I specifically buy THE EXACT SAME ONE? Not necessarily. If it was the right one, at the right price, but only because of that.

    If it's something as generic as a middle-aged Golf (I assume it's a Golf?), then there's going to be plenty to choose from.

    Mind you, given that you only sold it last weekend, having owned it a decade - and it's had the problem you sold it for fixed in the meantime...
    (But if you were so attached, why wouldn't you have just got it fixed? If you buy it back, you're effectively paying £900 for an hour's labour and a couple of hundred quid of parts to replace the coil packs and a throttle body...)
  • HillStreetBlues
    HillStreetBlues Posts: 6,122 Forumite
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    edited 16 September 2024 at 12:02AM
    First thing i would look at is how much are they going for in same condition.
    If it's a private sale you have little comeback if fix doesn't work, unlike if you took it to the garage yourself.
    Let's Be Careful Out There
  • Grumpy_chap
    Grumpy_chap Posts: 18,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    How much would those repairs have cost if done by a Garage?

    This person who bought the car, fixed it, now wants to sell it back, is effectively charging you £900 to do the repair.
  • Arunmor
    Arunmor Posts: 602 Forumite
    500 Posts First Anniversary Name Dropper
    Gam2015 said:
    Arunmor said:
    No...
    You wanted rid having spent £400, yet are thinking of buying it back & spending another £880 on it, in the hope it is fixed.

    How much do you think the parts they bought (maybe 2nd hand) cost?
    That's called opportunity cost.  The guy has taken the risk and used his knowledge to fix the problem and derves a turn on the car.  If the OP doesn't buy it then someone else will.  The OP can check the car out and make and offer and then haggle from there.


    So would you buy it back if you was me? I could easily get a couple of year out of it if is fixed. 
    I might be tempted.  In that price bracket you just don't know what you are going to get for £2k but you must buy it back with your head and not your heart.  Just be logical about it,
  • DullGreyGuy
    DullGreyGuy Posts: 18,613 Forumite
    10,000 Posts Second Anniversary Name Dropper
    It could be a great deal that works for both of you... or it may be overpriced or they've only bodged a fix and it will be broken again in 3 months. 

    Step one is to check the offer price against what buying a different secondhand one would cost.
  • droopsnoot
    droopsnoot Posts: 1,871 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you know that the rest of the car is good, and you can find a way to confirm that the only thing you didn't like about it before has now been fixed properly, it might be better than just buying another similar model for the same price that might have all sorts of problems that you either didn't have, or had already fixed. The £900-odd to fix the problem would just be a nagging reminder to persevere with trying to fix it next time something goes wrong.
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