Let me confirm this, taking it from the original post :
You want to 'invest' in a 10 or 11 year old car, which originally cost £30-35k, and is now going to be priced in the region of £3-5k.
It's a big 4*4. Not cheap to run (don't expect any more than 30 mpg). It's 10 or so years old, so things are going to be worn out, or close to it. So it's likely to need a decent amount of money spending on it to keep it in good order. It also (as has been said in another reply) needs cambelt changes doing, and absolute proof (the invoice, service stamp means nothing) that it has been done.
HJ has a philosophy : the costs of running/fixing a car are NOT based on the price you paid for it, but the price it cost when new. As such, imagine the costs of running and fixing a £30k car. Then ask yourself if it's such a good idea.
|