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2005 Volkswagen Polo - should I fix or scrap?

I have a 2005 Volkswagen Polo 1.2 that has low compression on a cylinder, should I repair it? I have been quoted £500 and the car is worth £1500 in a working state and done about 100,000 miles.

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Still worth fixing, unless someone will give you £1,000 for it as it is.
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