Selling your classic car? It's FREE to list your car on Honest John Classics | No thanks

I have a 1995 Volkswagen Golf that needs £1000 of repair work - should I keep or scrap it?

I have a 1995 Golf GTI 16V, which I've owned from new. It has failed its MoT due to under body corrosion. The estimated repair is likely to be around £1000, although the garage say this will depend on the extent of the corrosion. They say that they'll only know how bad it is when all the covers are removed. I think there is also a drain on the battery, which is undiagnosed. The current MoT expires in mid-April. The car has done 106,000 miles, but I'm a senior and do very little now.

Asked on 20 March 2018 by mike sheldrick

Answered by Keith Moody
Golf are always desirable cars, especially in GTi form. Over the past decade, we've seen a domino effect. For example, when prices for a Mk1 GTi got too high, people started going after the Mk2 GTi. Prices for these are now high, but we're not necessarily seeing a shift towards the Mk3 GTi. Perhaps because in the 1990s, the GTi wasn't actually the quickest car in the range - that honour went to the VR6. Only you can decide if it's worth spending the money to keep the car going - do you like driving it? Does it mean a lot to you? To give you a rough idea of Mk3 GTi values, projects tend to be about £400 while the very best seem to go for about £2000-£2500.
Similar questions
I have a 1995 BMW 316i which is now 25 years old. I love the car as it's never let me down but getting it through the MoT every year is costing more, £500 this time. Is it worth keeping or should I now...
I have owned a BMW 523i SE from new, it is the E39 model. It only has 54,000 miles, runs very well and is in good condition. Is it the type of car that is worth keeping in the hope of future appreciation...
I have owned my 2000 BMW Z3 3.0 since I bought it from my sister in law in 2005. It has all the bells and whistles as extras such as a leather tonneau cover and an M steering wheel plus a hard top and...
Related models
Excellent performance from 16V, all models have a good performance/economy balance, drives brilliantly out of town, great build quality, longevity and reliability

Compare classic car insurance quotes and buy online. A friendly service offering access to a range of policies and benefits.

Get a quote