Hi I'm a small trader. I sold a car for £1500 after 2 month the customer contacts me to say that it's burning oil and the garage says it's worn piston rings. My warranty company won't cover as it's wear and tear, so the customer started quoting consumer regs and asked me to get it fixed. I don't think it's worth it the costs would be too high, so I offered to buy back for £1300 which she accepted but now she's offered to fix it herself and wants £600 off me so she can do an engine swap. I only had a small margin in the car anyway as it needed other work in prep. I was thinking of going for her offer as it's less hassle but marking her refund invoice as a resale spares or repair non runner. And noting clearly the engine fault. What do you guys think? Buy it back and stick it in an auction or give her the £600. Either way I lose.. but by how much? The car is a 1.2 vw polo with 70k on it. 53reg.
Thanks