A year ago I bought my wife a Mazda CX-5 diesel and paid 10K for it. Now I found out that it has an engine defect that will be extremely expensive to repair, so the car is a write-off, at best I can get 2K back.
A year ago I bought my wife a Mazda CX-5 diesel and paid 10K for it. Now I found out that it has an engine defect that will be extremely expensive to repair, so the car is a write-off, at best I can get 2K back.
Engines can be replaced. Is that an option?
Yes, but it would be as expensive as the car. It is also technically possible to replace a bunch of parts in order to fix it, but they are hard to get and expensive to get from the manufacturer.
That might be the “extremely expensive” repair. On a 10k car it’s possible, though it might well be worth doing. Especially if owner or shop can source a good engine cheaply. But it’s not going to be a small amount of work.
Selling the rest somewhere for repair or parts and cutting your losses is a good looking option, though that’s not cheap either.
A car is often a bad investment.
The first quote I got for the car was 1200 euros.
The engine repair guy said the repair would cost at least 3000, but the parts are hard to come by and it might take months just to get them. Getting them from the manufacturer would quickly inflate the price. And even if we replace all those parts, it would still prolong car’s life for 3-5 years.