- Edited
Hi,
To start, I don't know much about cars or even Volvos specifically. I would appreciate any advice or guidance.
Last year I purchased a 2012 xc60 from a friend and it has been running well and has been in great condition (only 60k km when purchased). Last week i received "low transmission performance" warnings and after inspection from the dealership it requires either a new transmission quoted at $11k or that the existing gear box and parts are fixed up and that could cost $7k. Although the car seemed like it would be roughly valued at $20k prior to this issue, neither option seems viable.
If I don't pay this, what would be my best option? Do I then need to put it for auction or do people purchase cars in this shape on car sales/ gumtree etc?
Sorry for these basic questions, I am new to Oz and don't know where to go from here. Just appears to be horrible luck for what was a great car with low Kms. Cheers