Quote:
Originally Posted by marcb
My main point is that once cars reach old age, spending a lot of money on them as you often have to do to fix things doesn't increase their value unless they hold other value such as classic/mint or sentimental value. After all, many others at this age will have been scrapped because they aren't worth repairing. The base requirement for any car sale is an MOT and no major faults unless sold to fix.
The other point is that they can be expensive to run, although the 15mpg I noted is for urban driving - it's far better on a motorway run. I almost managed to drive from London to Preston and back on a full tank recently.
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My 1997 V70R will do 25 mpg mix of town/rural road driving. Even constant traffic in town it'll return 20+. 15 is dreadful and it's what I used to get some 3 years back before changing all vac lines and 02 sensors.