We've owned our 18 plate car for 5 years and it has just under 75k on the clock. We own it outright. It is a workhorse as I need it to do my job, school run (2 miles EW) and as a one car family.
However, in the last year we have spent almost £2.5k in various repairs. It failed its MOT today and that's another £400 on top of the £400 I paid last week. We are a low income family and it is decimating our savings.
(FWIW the repairs in the past year average about £200 a month, which is less than I can imagine a loan on a reliable family car would be. Plus the new car may need repairs which would be a struggle on top of paying for a loan)
AIBU to keep paying for the repairs?