I am in turmoil over what to do as the repairs will be in excess of the value of the car. It has done 105,000 miles
.Virtually any repair will be 'in excess of the value of' a ten year old car with a six figure mileage. A dealer will offer you peanuts if traded in. But that doesn't mean it wouldn't be sensible to repair it, especially if it is merely ten years old.
The first significant repair on our family Focus was done at 114,000 miles and sixteen years old - fuel pump. The next were at 120,000 miles and seventeen years old - coil pack, and £100 of welding to pass the MoT. At nineteen years and 145,000 miles, a further £100 welding on the other side. Now at nearly twenty one years old and over 150,000 miles it has just needed new rear wheel bearings.
This might seem a lot, but these bills were a fraction of just one year's depreciation cost of a newish replacement, which is what you need to consider if finances are limited and your old car has effectively stopped depreciating. Opinion will vary here, but I think a bona fide MoT'd car allowing a year's motoring is worth at least £800, whatever its age or mileage.
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