Sell It or Run it Into the Ground?
Sell It or Run it Into the Ground?
Author
Discussion

iamrcb

Original Poster:

607 posts

227 months

Monday 21st January 2013
quotequote all
My 2004 Skoda Fabia VRS is now at 160k miles. Since buying it at 40k miles it has always been very well maintained. The car is running well, but at this age there may be risk of needing a £1k clutch and DMF replacement sometime in the next year. Its had: new turbo, intercooler pipework and aircon compressor at around 120k miles, at over £1500, so it owes me some more miles. It has not been a 'cheap' car to maintain, but at an easy 50-55mpg it is cheap to fuel considering a 30k pa commute (95% motorway, very easy on the car).

For the past six months I've been considering replacing it (with a £9k, 40k miles, 2009+, 50mpg+ car), mainly because I'd like a different car, but also to avoid another big bill and a further reduction in its trade-in value.

Options are:

1. Trade in the VRS now (say £2k?), at 160k miles against the newer car mentioned above

2. Keep the VRS for at least another year, risking the £1k clutch job, then sell it at >200k miles, by which time I asusme it will be worth very little, even if it is still going strong.

Although not essential, I would like to keep the money in the bank for 1 more year for various reasons.

Anyone got any advice or other things to consider?

tbc

3,017 posts

206 months

Monday 21st January 2013
quotequote all
why trade it in for £2k when you can get more privately

big market for high mileage Skoda so i'd chance my arm privately


martin mrt

3,884 posts

232 months

Monday 21st January 2013
quotequote all
£1k for a clutch and flywheel??? I just done mine last week on my GT TDi 150 with Sachs items and It cost me less than £400

Granted my mate did it for me, however even paying garage labour rates you will still be no more than 6-700

I'd keep it if I were you, after the clutch and flywheel there is very little else to go wrong

soad

34,745 posts

207 months

Monday 21st January 2013
quotequote all
It's well-maintained, keep it.

GreigM

6,740 posts

280 months

Monday 21st January 2013
quotequote all
I've got the same dilemma with my 2003 Mazda 6 diesel. Its been a great reliable car, but is now at 140k and the clutch parts alone come in at >£500 (same problem with expensive DMF) and its overdue a cambelt as well - so I'm looking it at a grand bill to keep a car probably worth not a huge amount more....but its been a great reliable car and I almost feel like I owe it the chance of a few more years of life!

Nick1point9

3,920 posts

211 months

Monday 21st January 2013
quotequote all
160k vs 200k is going to make little difference to it's value. I'm surprised the DMF has already gone so I imagine your driving is very forgiving to the DMF, so don't worry.

CampDavid

9,145 posts

229 months

Monday 21st January 2013
quotequote all
I know a chap who's VRS pretty much died at 190k. He drove it like a rapist.

I say keep it

kambites

71,681 posts

252 months

Monday 21st January 2013
quotequote all
I'd probably keep it and if it really throws up a 1k bill (that does sound rather a lot), scrap it or break it for spares.

iamrcb

Original Poster:

607 posts

227 months

Monday 21st January 2013
quotequote all
Thanks for the advice so far.

Clutch parts and fitting for around £750 sounds ok

thescamper

920 posts

257 months

Monday 21st January 2013
quotequote all
kambites said:
I'd probably keep it and if it really throws up a 1k bill (that does sound rather a lot), scrap it or break it for spares.
keep it!

Conor D

2,124 posts

206 months

Monday 21st January 2013
quotequote all
Strip the st out of it and buy some sticky rubber.

carreauchompeur

18,331 posts

235 months

Monday 21st January 2013
quotequote all
Definitely keep it, at the point it throws a large bill have the debate again- It hasn't happened yet!

v8will

3,310 posts

227 months

Monday 21st January 2013
quotequote all
I'd say keep but it is very hard to resist a new car...

iamrcb

Original Poster:

607 posts

227 months

Monday 21st January 2013
quotequote all
Thanks for all the advice so far.

If I'm going to keep it, then ideally it would be for at 12-18 months, by which time spending circumstances will be easier compared to now, even if this does mean a costly repair on the way.



Sir Fergie

795 posts

166 months

Monday 21st January 2013
quotequote all
iamrcb said:
My 2004 Skoda Fabia VRS is now at 160k miles. Since buying it at 40k miles it has always been very well maintained. The car is running well, but at this age there may be risk of needing a £1k clutch and DMF replacement sometime in the next year. Its had: new turbo, intercooler pipework and aircon compressor at around 120k miles, at over £1500, so it owes me some more miles. It has not been a 'cheap' car to maintain, but at an easy 50-55mpg it is cheap to fuel considering a 30k pa commute (95% motorway, very easy on the car).

For the past six months I've been considering replacing it (with a £9k, 40k miles, 2009+, 50mpg+ car), mainly because I'd like a different car, but also to avoid another big bill and a further reduction in its trade-in value.

Options are:

1. Trade in the VRS now (say £2k?), at 160k miles against the newer car mentioned above

2. Keep the VRS for at least another year, risking the £1k clutch job, then sell it at >200k miles, by which time I asusme it will be worth very little, even if it is still going strong.

Although not essential, I would like to keep the money in the bank for 1 more year for various reasons.

Anyone got any advice or other things to consider?
Do bear in mind that - the new car is costing 9 k - so even with a 1 grand repair on the fabia - and even with 2 grand trade in - you are still 7 k better off keeping the Fabia.

The other thing to bear in mind is that modern diesels can be very troublesome - so trading in the Skoda doesn't gurantee you freedom from new repair bills.

Id keep the Skoda tbh - if all thats potentially wrong with it is that it may need a new DMF.

Sir Fergie

andy-xr

13,204 posts

235 months

Monday 21st January 2013
quotequote all
You're getting to the stage where the value of the car vs having dealer work done on it is pointless. I'm pretty sure you can get a new clutch and flywheel for around £500'ish which will still be done right. Having had a Mondeo diesel that had a DMF failure, I know the feeling about wanting to get it out of the way, in my case it as early on enough that there werent any conversions, or many places that could get pattern part versions so I stumped up the dealer rates. Which was about 1/2 the value of the car at the time. If I was there again, with more options I'd save and get it sorted. Better the devil you know and that

eltax91

10,787 posts

237 months

Monday 21st January 2013
quotequote all
Is it a pd 130? When the DMF went on the wifes, as it was a high miler, we went for a single mass conversion. 275 quid on parts and about 150 on Labour. biggrin

Pique

1,158 posts

238 months

Monday 21st January 2013
quotequote all
Is it really worth £2k on that mileage? I wouldn't pay more than £1k for just about any car on 160k. Any traders in to give an accurate valuation?

CubanPete

3,818 posts

219 months

Monday 21st January 2013
quotequote all
Keep it.

Even if it costs a grand for a new clutch a 9k car will depreciate more than that over a year.

My golf had done over 170K on its clutch when I got rid of it. Motorway driving shouldn't be at all demanding on it unless you use it as a foot rest.

iamrcb

Original Poster:

607 posts

227 months

Monday 21st January 2013
quotequote all
Sir Fergie said:
Do bear in mind that - the new car is costing 9 k - so even with a 1 grand repair on the fabia - and even with 2 grand trade in - you are still 7 k better off keeping the Fabia.

The other thing to bear in mind is that modern diesels can be very troublesome - so trading in the Skoda doesn't gurantee you freedom from new repair bills.

Id keep the Skoda tbh - if all thats potentially wrong with it is that it may need a new DMF.

Sir Fergie
I've tried to avoid 2006-2008 diesels, mainly due to DPF and super expensive injector issues. They seemed to get even more complex from 2006 onwards. I would hope that this sort of thing is on its way out as these systems have been in service for a while now. I want a PD130 TDi in an MX5!