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I guess I’m a little confused on what to do next tbh. I bought it at a not so great time, when 6cyl manual petrol msport tourings were thin on the ground. It’s in particularly good condition, engine problems aside, so it wasn’t cheap. I paid £6k for it in November. I would say right now it’s probably worth 4.5 to 5k in working condition.
I’ve sunk another 3k into it in repairs with Munich legends since February, and although it managed the drive home fine, the oil light is still on. I’ve now got nearly 10k invested in it when all is said and done, and I’m on the fence about throwing more into it. Where do you stop?
It would be different if it was something special, but it’s not, it’s just a nice average car.
Do I cut my losses, try and sell it for whatever I can get and be as transparent as possible, potentially losing my shirt on it? Do I try to see past the turbulent few months of ownership and continue to throw money at it with a different specialist?
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To sell it now and take a £5k hit for less than a year of ownership doesn't seem like a great prospect.
Either it needs another ECU or it doesn't. [Edit: I doubt anyone is going to buy it with the oil light on so you'll need to find out in either scenario]
Hopefully it doesn't. I'd keep hold of it and see if you can get a couple of years without any big bills.
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It's an absolutely shit scenario to be in and it's one that crops up way too often. I've seen it really put people off car ownership as a hobby and gets them in a 3 year old Mondeo. I'd hate to see that.
I really don't know tbh, how much more can you afford to spend basically? If the answer is none or minimal, then see if you can get a gauge on how much more it might cost. If it's too high, then sell ASAP and buy something else.
@Colm89
This sounds like an absolute shit scenario. Sorry mate.
I've just been asking around and I hear there's a bit of a rep with ML that I wasn't aware of either.
Not that it's any help now, I have a recommendation of BMR in Crawley.
As to whether you want to spend more money on it, that's another question.
If you're less guilty minded than I am, I'd say get it to a point there's no errors and absolutely fuck it off ASAP. Even if it's to We Buy Any Car so you don't have to look the buyer in the eye.
If you can afford to, perhaps speak to this BMR place to see what's the most cost effective way of getting it all sorted.
I feel for you dude, I've been there before, and shit service from supposed specialists is an absolute wounder.