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Buying a used car for £8k - what should I get?

I have £8000 to spend on a used car and have been toying with a 2005 Volkswagen Touareg, with 92,000 miles on the clock. However, my friends say this will be a bad idea as the running and repair costs will be huge. I also like the Porsche Cayenne, but again my friends say I’d be better off buying something cheaper and newer. What do you think?

Asked on 12 December 2013 by rizzyq

Answered by Honest John
A car you buy for £10,000 that originally cost £50,000 comes with repair bills based on a £50,000 car, not a £10,000 car. And there will be bills. Your friends are simply being sensible.
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