My cost of ownership was even less
Once I had brought everything in the Boxster up to my standards on a car that had only 42k. But I was in a completely different economic situation than the OP, an engine failure would have been a relatively minor annoyance to my net worth. I could afford to employ experts to solve any problem I couldn't. And I came out ahead in $ totaling my first Boxster.
I recall college days (where I was making money) the angst of a used car and the difficulty finding a good mechanic and affording one. Never did find a good one for my Volvo and had to dump it, only found one great one for my Alfa and, when I got to where there was none, had an engine failure that cost me the car that I wouldn't have had had I access to a good brand-specific mechanic ... and I was a college grad with income.
Now if he told me he had wrenched on a fill-in-the-blank...maybe.
The question to me is can he afford to take the risk however slight? Because to me he is too vulnerable to anything that could happen. Plus I'd rather have date money.
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