Should my parents sell their car?
Discussion
Please help settle an automotive familial disagreement.
Car = 2006 330d Touring Auto, 81k.
I sourced it for them with 20k on 4yrs ago, and it has been an absolutely faultless dog chariot and family wagon, bar tales of woe with the stupid runflat tyres and broken wheels. I view car ownership as a financial time bomb and I think the car has so far a completely unblemished record despite it only seeing sporadic servicing.
I absolutely love the car, as do they, but I reckon you should always get out while the going is good.
My dad thinks I am exaggerating and that nothing untoward will happen, while I mumble about the car being firmly in autobox/turbo/injector failure territory. As it stands I think the car still holds approximately 50% of their purchase price and they should get shot before it bites.
Am I wrong?
Car = 2006 330d Touring Auto, 81k.
I sourced it for them with 20k on 4yrs ago, and it has been an absolutely faultless dog chariot and family wagon, bar tales of woe with the stupid runflat tyres and broken wheels. I view car ownership as a financial time bomb and I think the car has so far a completely unblemished record despite it only seeing sporadic servicing.
I absolutely love the car, as do they, but I reckon you should always get out while the going is good.
My dad thinks I am exaggerating and that nothing untoward will happen, while I mumble about the car being firmly in autobox/turbo/injector failure territory. As it stands I think the car still holds approximately 50% of their purchase price and they should get shot before it bites.
Am I wrong?
Boobonman said:
Am I wrong?
YesGive the gearbox an oil service, sealed for life is b
ks. The turbo will only generally fail early if poorly serviced - dirty oil, thrashed and not let to idle. Injectors could fail at at time on any any mileage. The car (if serviced correctly) will just keep going, even if parts fail, cheaper to replace than depreciation.Edited by bigdom on Wednesday 9th January 01:51
Boobonman said:
Am I wrong?
Yes IMHOThe car is working fine, does what you want it to and you all love it, so keep running it (with proper maintenance) until it dies and then work out what to do with it.
If you sell it there are only two ways to go. One is that you put a load more money in to get something newer. The other is that you do a swap for something of similar age that could be just as much of a time bomb (and has unverified history to boot).
Of course, if you WANT a change, that is a different story.
Sounds like the usual justification to change cars because you want to.
Even if stuff starts failing aren't there local independents that can fix it without getting spanked for main dealer prices?
I've a good friend. Their elderly parents spent a fortune with a main dealer to get Sat Nav retrofitted to their quality supermini. I may have mentioned to them that their model was going to be replaced and get bigger to allow for another new model to squeeze in underneath in the range. A few months later the justification for selling the supermini they'd paid the dealer loads to retrofit Sat Nav to was that they don't use the Sat Nav and they may as well let someone else make use of it and that was the reasoning for trading it in for the newer, larger replacement of the same name.
Bizarre. Fine if they wanted to buy a new car, it's their money but the voiced resoning for it didn't really make sense to me.
Even if stuff starts failing aren't there local independents that can fix it without getting spanked for main dealer prices?
I've a good friend. Their elderly parents spent a fortune with a main dealer to get Sat Nav retrofitted to their quality supermini. I may have mentioned to them that their model was going to be replaced and get bigger to allow for another new model to squeeze in underneath in the range. A few months later the justification for selling the supermini they'd paid the dealer loads to retrofit Sat Nav to was that they don't use the Sat Nav and they may as well let someone else make use of it and that was the reasoning for trading it in for the newer, larger replacement of the same name.
Bizarre. Fine if they wanted to buy a new car, it's their money but the voiced resoning for it didn't really make sense to me.
Edited by carinaman on Wednesday 9th January 09:29
A lot of people seem to have this mentality these days. What is wrong with owning a car past a certain age/mileage? As long as it is looked after and the right areas are seen to as and when recommended, why bother changing?
It seems like they're happy with it. Why spend more on something new that will serve the same purpose?
It seems like they're happy with it. Why spend more on something new that will serve the same purpose?
CypherP said:
A lot of people seem to have this mentality these days. What is wrong with owning a car past a certain age/mileage? As long as it is looked after and the right areas are seen to as and when recommended, why bother changing?
It seems like they're happy with it. Why spend more on something new that will serve the same purpose?
And on that note, what exactly is the issue with paying to maintain a car should something need maintaining?It seems like they're happy with it. Why spend more on something new that will serve the same purpose?
philmots said:
Keep.. You know you've a good car, you could quite easily buy a lemon.
If the turbo goes and costs a grand for example, that's probably 2 months depreciation on a newer car.
Plus a replacement turbo, if needed, offers some scope for some tweaking. If the turbo goes and costs a grand for example, that's probably 2 months depreciation on a newer car.
Though that may increase the torque through the autobox.
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