New Car Or Stick With 11 Year Old A3??

monster_munch

Registered User
Joined
Dec 31, 2011
Messages
154
Reaction score
7
Points
18
Location
NULL
Hi guys, looking for some opinions/ideas from all and a bit of financial wisdom!

I have a 53 plate A3 2.0 TDI sport, 72k miles on clock, FSH, cambelt done in 2011.

I own the A3 outright, have done for a few years, and have enjoyed the car alot. Recently I have been thinking about getting a new car, an A4 Avant or similar.
I am currently saving for a house, so a new car would be partly financed with a loan. 2 weeks ago I was offered £3100 in p/x for my A3. The new car was going to cost me £290 per month for 4 years, but it was 62 plate with 4900 miles on.

Now, keeping the A3 and staying debt free sounds best to me, however Im worried that at its age and mileage, expensive things are going to start breaking.
Last week it went in the garage for a squeaky alternator belt pulley, but it got a whole new alternator fitted, £300.

I guess my question is, do I keep the A3, and save myself £300 a month I would be paying for a loan, and fix things on the A3 as they go wrong, or is the A3 likely to start falling apart and not be financially viable?

Cheers.
 
personal opinion, I am old and knowing what I know now I would rather stay debt free but as I say its truely personal opinion
 
If you are saving for a house I would keep your current car, that is what I would do.
Even if you bought a newer car who is to say you wont have to pay for repairs on that one.
 
  • Like
Reactions: Jet2004uk
Dude- you paid way to much for the alternator pulley, I had mine done for £80 not so long ago
 
Adam, he had the alternator replaced as well as the pulley.
 
  • Like
Reactions: Adam_A3_
Definitely keep the car until everything with the house is settled and blows over.

I'd much rather be £290/month better off, that can pay for stuff towards the house, decorating etc...
 
I'm currently saving up with the other half to buy a house. My A3 is going and being replaced with something cheaper (Probably Clio 172/182).

House > Car
 
You need to all get your priorities straight. You can sleep in your car, but can your house go "brrrrrrrmmmm brrrrrrmmmm rrbbrrrrrrrr"

Didn't think so.
 
  • Like
Reactions: Sayam, leeds2592 and Phil-1
You need to all get your priorities straight. You can sleep in your car, but can your house go "brrrrrrrmmmm brrrrrrmmmm rrbbrrrrrrrr"

Didn't think so.


Try telling my GF that :(
 
keep it - save that £300 per month for about a year, and buy yourself a newer car rather than getting it on finance.