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Buying old cars to fix up?

faithful chippie · 2017-10-02 22:04:52

Do people still do this, I thought insurance on 10+ yr old cars stopped people buying them, still though an "individual" from Mayo turned up and bought my old banger this evening to do just that, more luck to him.

02-10-2017 10:04pm

#1

faithful chippie

Registered Users, Registered Users 2 Posts: 44 ✭

Join Date: October 2012

Posts: 27

Do people still do this, I thought insurance on 10+ yr old cars stopped people buying them, still though an "individual" from Mayo turned up and bought my old banger this evening to do just that, more luck to him.

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Comments

#2 02-10-2017 10:17pm

bazz26

Registered Users, Registered Users 2 Posts: 51,364 ✭✭✭✭

Join Date: January 2005

Posts: 50637

As the saying goes "One man's junk is another man's treasure." Plenty of people out there still experiencing hardship so buying a fairly new car is not an option for them. I'd say insurance really doesn't become a problem until your looking at 15 year old + cars. Others see the opportunity to fix them up cheaply in the hope of making a few bob in the process.

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