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Is maintaining a Mondeo ST220 going to turn into a bottomless pit?

I have a 2005 Ford Mondeo ST220 with 100k miles which I love. it's immaculate inside and out. I've spent £2000 in the last 12 months replacing the clutch and flywheel, lower arms, suspension, brakes etc. The EML light came on last week and it turns out the rear cat has gone. Apparently this is a very labour intensive job that requires lowering the front sub frame, so with a replacement exhaust also required, I'm probably looking at another £1000 spend. I'm worried about a bottomless pit opening up and my question is whether or not you think it's worth keeping spending on this relatively rare car? If not can you recommend something sub £4000 which is as much fun?

Asked on 14 November 2018 by Peter felgate

Answered by Keith Moody
ST220s are excellent cars and, given the pedigree of prices for fast Fords, a car you probably do want to hang on to. However, its value won't rise overnight. It's predecessor, the ST24 is starting to see values rising - but if you plan to turn this ST220 into your pension pot then you'll need a fair wind, patience and deep pockets. This car is at the bottom of its value cycle where it's probably never going to be worth less - but alongside that is the fact that it's going to need A LOT of work to see it through. You could look at something like a Porsche 944 or a Peugeot 205 GTI, but whatever you choose (especially at those prices), you'll need to set aside a budget for maintenance.
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