advice please

[chirpychirpy]

how advisable is it for me to spend just under 2K on a 10-year old Renault with 65,000 miles on the clock and a sound history, just to pootle around locally in?

[MickeyTheBrick]

If it's from a private sale, it sounds a bit steep to me. Also, it's advisable to have the cam belt changed around 70,000 miles. If I was buying privately, I'd expect a car for about 6 years old for that money. Go on cars for sale sites and gauge it yourself.

[sara3]

you mean buy it for £2k, or spend £2k on your existing car?

[chirpychirpy]

I mean buy a used Kangoo for just under 2K

[sara3]

I'd say it's over-priced, but would suggest you check with the Parkers site.

[chirpychirpy]

just tried Parkers Guide but you have to pay to get a result - not much but annoying. is there a free equivalent pricing cars?

[ladybirder]

Parkers Guide works for me for free.

[chirpychirpy]

it asks for a fee if you want to calculate values with mileage involved

[ladybirder]

But you can get a good idea without paying. You could have a look on Autotrader and see what peeps are asking for your model and year, although asking's not the same as getting of course but again it will give you a good idea.

[JonnyBoy12]

Yes, I am with the others on this one. Cars that old do not, and should not, cost as much as 2 grand.

Get a price guide, and then check the price in that.

[Buenchico]

For comparison:
Last year I bought a very smart 10-year-old Escort (85k, with alloy wheels, air conditioning, etc.) for £350. OK, I had the advantage of working for a Ford main dealer, who let me have it for only £50 more than the £300 trade-in that they gave for it, but it does seem to suggest that nearly £2k is well over what you should be paying for a 10-year-old car (unless it's something very special).

Chris

[mjwman]

Bangernomics.
That is the name given to economic motoring. You buy a car with long MOT for peanuts, run it and if money needs spending you dump ( sorry recycle) it and buy another. It works out much cheaper than buying more expensive cars, with depreciation and repairing them.

Yes I know it is not a direct answer to your question, but it is worth thinking about if only pootling about. You could also run a posh car for peanuts. Even the increased fuel would be offset with no depreciation!

[AlBags]

Thats getting on for twice what it's worth on the street.
Walk away : )