My car is currently in the garage for a couple of things to be fixed and they are telling me that there is a longish list of work that needs doing, the vast majority of which will be required for it to pass its next MOT in July. I’ve been thinking about buying a new car and part-exchanging this one.
Now, AutoTrader tells me that the part-exchange value for my car in “good” condition (which I assume mine would be if I had all of the work done) is just over £7,000. The garage is telling me that all of the work (both MOT-necessary and desirable) would come to maybe £4,500.
I’m now debating what to do. Obviously I want to get some decent value for my car on part-exchange, but I don’t want to spend the £4,500 unless it’s going to add £4,500 to the part-exchange value. Any ideas?
Chat very much encouraged.