Thinking of Spending some Money

[Roy V70 850]

Need a DMF/Clutch etc + Intercooler approx £1700. It's a gamble spending that on a 18yr old car, but what's the alternative?. I currently have a car which drives well, is comfortable, a manual with cloth seats, not to mention the pop out dash cup holder (wife's favourite). It's had cam belt change, I replaced all the pulleys + aux belt, steering pump, brakes/discs and more.

Alternatives :-
- buy a 2016 Xc70 for £20k. (I'd like a 4 wheel drive) ULEZ compliant but auto with leather seats. With all the maintenance that's already been done to my car to come in the next 2-3yrs.
- Another model with the same maintenance problems.

Which ever way you look at it, you're buying a 5yr old car and you start spending to keep it maintained.

Any thoughts on this would be most appreciated.

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V70 2004 D5 165k 163bhp

[Moomoo]

Originally Posted by Roy V70 850

Need a DMF/Clutch etc + Intercooler approx £1700. It's a gamble spending that on a 18yr old car, but what's the alternative?. I currently have a car which drives well, is comfortable, a manual with cloth seats, not to mention the pop out dash cup holder (wife's favourite). It's had cam belt change, I replaced all the pulleys + aux belt, steering pump, brakes/discs and more.

Alternatives :-
- buy a 2016 Xc70 for £20k. (I'd like a 4 wheel drive) ULEZ compliant but auto with leather seats. With all the maintenance that's already been done to my car to come in the next 2-3yrs.
- Another model with the same maintenance problems.

Which ever way you look at it, you're buying a 5yr old car and you start spending to keep it maintained.

Any thoughts on this would be most appreciated.

-------------------------------------------------------------
V70 2004 D5 165k 163bhp

The car you have is the same as the best car I ever had! If the VED is manageable I’d keep it .
I kept mine eight years, unheard of for me. That model was brilliant!👍🧐

[stuart bowes]

I always think of car costs in terms of years of usage

I.e if the car is currently assumed to be unusable at this point and its at the end of its life without the repairs, then either way you need to spend

In that case if 1700 quids grants you 4 more years of motoring just for example, well that's under 500 quid a year to keep you on the road and you can reassess at the end of that time frame (or whatever time frame you decide is acceptable)

[Georgeandkira]

"Better the devil you know", is one overused quote.
"It'll cost more to fix than the car is worth", is a perennially off-target expression.

1,700 quid divided by 48 = 35.41 quid per month. What are you going to drive for 4 years (if you dump your car) at that price point?

A 2016 XC-70 (come Autumn it'll be 8 model years old) for 20K, which in all likelihood wasn't maintained as well as yours and is as representative of outgoing technology as any, would be, in my humble opinion, a foolish buy.

Throw the 1,700 at your lovely car and drive it while thoughtfully learning about your "next tech" car. Listening to charging station availability stories, calculating the details regarding installing your own charger and figuring out when to sneak onto your neighbors' chargers when they're not looking is what will pay off more.

The bevel gear in the 2016 is as neglected as any part in any car and if it's fried, you'll spend 1,700 there.

You'll have no problem selling your current car when the time comes.

What's the odometer reading of the 2016? Is it petrol or diesel?

You have to decide your money/time value. Do remember that the items you listed are maintenance items. What prompted the PS pump change?

And, if you're comfortable financially and just want a "new car", balance the 20K for the 8 year old against what some "actually new" vehicle would cost.

ps Sometimes people skimp on insuring an older car; preferring to more completely insure a newer car. That'd be an additional monthly expense you don't want to overlook. If you finance a new car, I believe you must fully cover replacement cost, no?

Best of luck with your decision.

[TLPower]

Before dropping 20k on a Volvo of dubious provenance consider a nearly new Kia with seven years warranty.

Or spring for your repairs and forget about depreciation and car park knocks.

[SnineT]

Originally Posted by TLPower

Before dropping 20k on a Volvo of dubious provenance consider a nearly new Kia with seven years warranty.

Or spring for your repairs and forget about depreciation and car park knocks.

No no don't, there's a reason they have a 7 year warranty, they're not the great cars the media tells you, oil burners for starters.

[XC90Mk1]

Originally Posted by Roy V70 850

Need a DMF/Clutch etc + Intercooler approx £1700. It's a gamble spending that on a 18yr old car, but what's the alternative?. I currently have a car which drives well, is comfortable, a manual with cloth seats, not to mention the pop out dash cup holder (wife's favourite). It's had cam belt change, I replaced all the pulleys + aux belt, steering pump, brakes/discs and more.

Alternatives :-
- buy a 2016 Xc70 for £20k. (I'd like a 4 wheel drive) ULEZ compliant but auto with leather seats. With all the maintenance that's already been done to my car to come in the next 2-3yrs.
- Another model with the same maintenance problems.

Which ever way you look at it, you're buying a 5yr old car and you start spending to keep it maintained.

Any thoughts on this would be most appreciated.

-------------------------------------------------------------
V70 2004 D5 165k 163bhp

I think that everything you say makes total sense really.

I can’t argue with any of it.