Second car dilemma - sell or keep?

flimper

flimper

Veteran
 Hampshire
Bit of help please guys, I have an 04 Mini Cooper as a 2nd car and don't know what do with it. At the moment I don't need a 2nd car but that could change with job requirements.

Value of car: £1k
Mileage: 122,000

Work done:
Radiator & Alternator £340 03/16
PAS Pump & Exhaust Brackets £450 11/16
2x Gear Selector Cables £280 11/18
4x non runflat tyres £320 11/18

Work required:
New clutch £900
Brakes £400
Exhaust (rusty but ok for a while)

Insurance due next week, cost £300

I should add I don't relish the thought of the hassle of selling.

Thanks for any advice :thumbsup:
 
So you will ned to spend more on the car just to make it drivable than it is worth? Sell it, keep the grand and buy another car if or when you require it.
 
I was i this situation with my ten year old Disco 3 I’d had from new. The impending bills were going to be about £2k (Tax/ Insurance/ Tyres/ wheel refurb/ service / ball joint ) and even tho very low mileage, it wouldn’t be worth any more trading it in after spending the dosh.
I traded it in so I I’m left with one car between my wife and I during the winter months but I survive!

The money saved more than covers the cost of a taxis if really stuck :thumbsup:
 
Surely this is a very personal question?

Either you have no use for a second car - in which case, sell sell sell.

OR you get some utility from a second car (can fit big stuff in it, better on fuel, more fun, fit more people, handy to have another if yours is broken etc) - in which case you need to work out how much that utility is worth.

I have two large dogs and have always wanted a convertible. I can't see a way around having two cars, irrespective of what that might cost.
 
As things stand it's nice to have a 2nd car for trips to the shops etc but no real need as such. Thanks for opinions, have made a start on getting it sold :thumbsup:
 
flimper said:
As things stand it's nice to have a 2nd car for trips to the shops etc but no real need as such. Thanks for opinions, have made a start on getting it sold
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Given the impending costs selling it would seem to make sense - as others have said if a 2nd car becomes a necessity you can always find another one.

Although it is handy to have a daily for going to the tip, DIY stores, supermarkets, etc. it isn't worth spending too much to have one.

GLWTS. :thumbsup:
 
£900 for a clutch :o

Just changed the clutch on the mrs 05 mini. Cost me £150

Get another price Mark, £400-500 would be a lot nearer I would think.
 
srhutch said:
£900 for a clutch :o

Just changed the clutch on the mrs 05 mini. Cost me £150

Get another price Mark, £400-500 would be a lot nearer I would think.
Click to expand...

Have had 3 quotes: £900, £850 and £830
 
flimper said:
srhutch said:
£900 for a clutch :o

Just changed the clutch on the mrs 05 mini. Cost me £150

Get another price Mark, £400-500 would be a lot nearer I would think.
Click to expand...

Have had 3 quotes: £900, £850 and £830. I thought it was going to be in the range you suggested
Click to expand...
 
flimper said:
flimper said:
srhutch said:
£900 for a clutch :o

Just changed the clutch on the mrs 05 mini. Cost me £150

Get another price Mark, £400-500 would be a lot nearer I would think.
Click to expand...

Have had 3 quotes: £900, £850 and £830. I thought it was going to be in the range you suggested
Click to expand...
Click to expand...
Our old mini cooper r56 needed a clutch after the crank seal went. It was roughly an £800 job as the engine had to come out after removing most of the front end.
 
With marks mini, you drop the subframe to remove the gearbox. I had to change the crank seal as well. £27 from BMW so worth doing anyway whilst you are there.
 
All depends on the car. I regret selling my:-

1952 Lea Francis 14 HP 4 light saloon
1970 Triumph GT6
???? Triumph Dolomite Sprint
1999 Toyota MR2

If you like it, have storage for it, think its value will increase, Keep it.
 
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