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.