I have a P reg Fiat Punto (1996) and it is a good wee car, however, I only paid £650 for it in November, and now it needs a repair that could cost me between £300-£400. I really like it though! The MOT is due in November, but I think it would pass (after having this work done).
However, I have also just seen an advert for a Mazda 323 TD which is a 1999 (T reg) and for sale for £750. It seems a reasonable buy. The mileage is quite high, but it has more or less a full Bickets service history. It also does 50 mpg. It will only cost me £500 to insure fully comp for the year, which is good in comparison to the Punto - I am on a 10-month bonus accelarator with it at the moment, and it cost me around £300 odd to insure it. Also, the Mazda is a 2L, and my Punto is only a 1L, so the insurance is really good considering.
Do you think it would be worth my while doing the repair work to my Punto? Or do you think it would benefit me more to spend a little extra, and upgrade slightly?
Please tell me your thoughts.
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