At that annual mileage I can't see why it shouldn't last another 16yrs. It would then have done fewer than 130,000m and still be much younger than my non-galvanised TR7. If you sold it now and replaced it with a much newer car, your depreciation cost per mile would probably be well over 50p for the next few years (cars usually depreciate much faster than £1000 per annum) plus the lost opportunity cost of putting your saved 'investment' money in a 'wasting asset'. Plus having to take it for an unnecessary annual 'service' and oil change to maintain its retail value. Your repair bill translates to only 25p per mile for this one year. As your car has almost fully depreciated, this cost per mile is now negligible for as long as you keep it. So I suggest treating it and your tired self to a rejuvenating valeting!

If you're prepared to be a bit creative with getting parts for it in advance of them being required (i.e. when they're cheap NOS) then you can keep the costs down.

People would say I was mad for buying a Rover 600 for 400 quid last year, then paying 350 for all the belts & tensioners to be changed (it's a diesel) and then later on forking out 300 for new struts supplied and fitted then another 300 for the MoT.

Struts I found on e-bay, pair of ex-factory unused for 150 quid. With new shocks and springs the handling was transformed!

But at least this year I won't have to replace the belts nor the front suspension, so my cost this year has been less (so far, just as the MoT loooms).

I do 10k/year but I also use it for travelling to another work site c.10 times/year which gets me 180 quid in expenses each time. Less 60 quid for the diesel gives me 120 to cover the cost.

So I am probably making money on my motoring at the minute....but mine will need the brakes doing soon!