RichJ94507

We just purchased an '04 Allroad with 107k miles for $4,000 that has been very well maintained. Previous owner replaced timing belt and air suspension. Sold it to me knowing abt $3k worth of work needed to be done: CV joints, tie rods, etc. Took to my machanic and he confirmed what seller said and price is about right... Although machinists is also recommending replacing the axels. Ok though here is the big one... He also told me the twin turbos are leaking oil and should be replaced. Seems like cost will be abt $4K in addition to other work. Ouch.

Here is the question: The previous owner is offering to give me $2k back as he did not know abt turbos or the can also take the car back. Do I do all the work ($7k) ($5k with $2k back from owner) and keep the car or bail? My thinking is after I complete all this work we have one heck of a car for another 100,000 miles for a total $9k (give or take) investment + regular maintenance and other required repairs over next few years. Am I thinking incorrectly?

Love inorganic from the experts please.

Thanks!