have a 2012 ford focus Ecoboost with 56k on the clock. I've owned since new, purchased cash. It's starting to get smaller age related repairs over the past three years probably around £400 a year.
The cam belt is due a change and I have been quoted between £1.5k and £1.8k due to it being an Ecoboost. The car is only worth about £2.5k so it's a huge investment. I'm half thinking about just risking it and if the engine blows dumping the car for scrap.
I'm now not in a position to buy a new car cash. But there are some incredible leasing deals out there. Yes I don't own the car but if I buy a car I'm effectively throwing money down the drain. And even cars which are 18 months old cost a bomb and there are not many about.
What do people think
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