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Message
Selling a car that needs repairs "As Is"
Posted on 12/8/16 at 9:41 am
Posted on 12/8/16 at 9:41 am
The clutch on my 2007 Civic Si began to die this week. Second one in <100,000 miles, and the total repair is going to cost $2k because they have to replace the flywheel. On top of that, it has paint issues from a faulty paint job on a recall and interior wear.
My aunt is giving me a great deal on a 4-year-old Rav4 with relatively low miles. Therefore I'm not looking to trade in the vehicle.
Would a dealership still be willing to buy it without using it as a trade in? Could I even try and sell it out on the street or on Craig's list considering it doesn't drive very well without the repair?
My aunt is giving me a great deal on a 4-year-old Rav4 with relatively low miles. Therefore I'm not looking to trade in the vehicle.
Would a dealership still be willing to buy it without using it as a trade in? Could I even try and sell it out on the street or on Craig's list considering it doesn't drive very well without the repair?
Posted on 12/8/16 at 9:57 am to Bmath
Sell it on Craigslist.
I'm guessing in working condition that would sell for $4000 - $4500 on top end?
List it for $2500 and see if you can get a bite. That's probably what you would be offered as a trade in if it was fixed.
I'm guessing in working condition that would sell for $4000 - $4500 on top end?
List it for $2500 and see if you can get a bite. That's probably what you would be offered as a trade in if it was fixed.
Posted on 12/8/16 at 10:04 am to Chris4x4gill2
KBB trade in value for "Fair" Condition is $4,251-5,628.
Posted on 12/8/16 at 10:20 am to Bmath
But you are looking for someone to paint it (from what you said) and take your word that all it needs it $2k in repairs (which is still pretty costly). $3k should be about what you can get out of it, especially since it seems like it has high mileage for 'performance model' Civic. GL
And to answer your question, yes dealership will purchase a vehicle without taking on trade. That look at auction pricing and hit you below that to make some profit, and just be a middle man.
And to answer your question, yes dealership will purchase a vehicle without taking on trade. That look at auction pricing and hit you below that to make some profit, and just be a middle man.
Posted on 12/8/16 at 10:26 am to CoachRobertson
Unfortunately, Honda completely screwed me with the paint job. They had me shop it around and get three quotes. They didn't like any of them and took it to some guy that I'm pretty sure did it out of his house. Painted it the wrong color the first time around, had them take it back and a little over a year later it started bubbling and chipping in spots.
Posted on 12/8/16 at 10:26 am to Bmath
quote:
KBB trade in value for "Fair" Condition is $4,251-5,628.
You're vehicle is in poor condition. Repair costs are 50% of what it's worth.
Posted on 12/8/16 at 10:28 am to Bmath
You write a bill of sake that says "as is" "with no warranties or guarantees of any kind"
Posted on 12/8/16 at 10:37 am to 13SaintTiger
quote:
You're vehicle is in poor condition. Repair costs are 50% of what it's worth.
Fair point. I'm trying the KBB Instant Cash Offer. I had tried to get a value on the car from the dealership where it is at, but they just wanted me to come in and try to sell me something.
Posted on 12/8/16 at 11:35 am to Bmath
There are commercials for companies "Sell Us Your Car" - I would talk to one of them.
If you sell private party, I'd get an attorney friend to review the bill of sale to ensure there is no way anyone could come back to you in the future
If you sell private party, I'd get an attorney friend to review the bill of sale to ensure there is no way anyone could come back to you in the future
Posted on 12/8/16 at 1:30 pm to Bmath
Could also try a place like carmax. They'll inspect it and make you an offer right then and there. If you're happy with it, they'll cut you a check and you're done.
Posted on 12/8/16 at 2:03 pm to Bmath
If you get $2k consider yourself lucky. I'm thinking more like $1500.
Posted on 12/8/16 at 2:34 pm to Bmath
You could easily sell it on Craigslsit, some teenager or younger guy would buy it and repair it himself for a fraction of what you were quoted. Also if you are replacing your second clutch within 100k you should probably take a look at how you drive.
Posted on 12/9/16 at 2:16 am to Bmath
This may sound shady but it's really not. I would do some research to see if there's a temporary fix so you can get rid of it on the open market for a little more than advertising it as clutch going out.
You have 3 things working against you especially right now;
1.) most people aren't interested in, or don't even know how to drive manuals anymore. It sounds like you weren't great at it either.2.) right now it's a very slow time of year to try to sell a used vehicle, and it will be until mid feb. 3.) It's difficult to sell a project vehicle anyway unless you give it away for pennies on the dollar like someone else said, to some young guy who likes the car, wants to repair it himself and drive it. Even some amateur flipper who buys, repairs, and sells is going to be super low ball on it because they have tons of options out there.
I'm assuming your quote of 2000 was for the dealer to do it. Most likely a small shop can do this somewhat or much cheaper. Or, you may find a mobile mechanic to come to your house and do it in a day for a few hundred bucks. That's always risky, because he could realize he's in over his head and walk away. If that happens don't pay him and find someone else to come finish. But you're really not in much worse shape if it does. As far as the paint being bad, that's something you can work around. Take pics where it don't show up as bad and show it/sell it after dark. If it's not real noticeable they may not notice even in daylight. Some people buy cosmetics based on what they see in the photos. When they get there they only are concerned with mechanical aspects.
Any dealership new or used is not going to give much for it, with the repair or without.
If you are not in a hurry, the only other logical option besides taking it to a public auction is to park it, and sell it to someone who's just learning how to drive a stick and doesn't realize there's anything wrong with it. Tell him you feel more comfortable being driver on the test drive. He wouldn't notice til it's too late. As shady as it sounds, it's pretty common in used car sales. Trick someone in to dumping your problems off on them, just give them a sweet deal they can't pass up.
You have 3 things working against you especially right now;
1.) most people aren't interested in, or don't even know how to drive manuals anymore. It sounds like you weren't great at it either.2.) right now it's a very slow time of year to try to sell a used vehicle, and it will be until mid feb. 3.) It's difficult to sell a project vehicle anyway unless you give it away for pennies on the dollar like someone else said, to some young guy who likes the car, wants to repair it himself and drive it. Even some amateur flipper who buys, repairs, and sells is going to be super low ball on it because they have tons of options out there.
I'm assuming your quote of 2000 was for the dealer to do it. Most likely a small shop can do this somewhat or much cheaper. Or, you may find a mobile mechanic to come to your house and do it in a day for a few hundred bucks. That's always risky, because he could realize he's in over his head and walk away. If that happens don't pay him and find someone else to come finish. But you're really not in much worse shape if it does. As far as the paint being bad, that's something you can work around. Take pics where it don't show up as bad and show it/sell it after dark. If it's not real noticeable they may not notice even in daylight. Some people buy cosmetics based on what they see in the photos. When they get there they only are concerned with mechanical aspects.
Any dealership new or used is not going to give much for it, with the repair or without.
If you are not in a hurry, the only other logical option besides taking it to a public auction is to park it, and sell it to someone who's just learning how to drive a stick and doesn't realize there's anything wrong with it. Tell him you feel more comfortable being driver on the test drive. He wouldn't notice til it's too late. As shady as it sounds, it's pretty common in used car sales. Trick someone in to dumping your problems off on them, just give them a sweet deal they can't pass up.
This post was edited on 12/9/16 at 2:25 am
Posted on 12/9/16 at 4:56 am to Bmath
quote:
The clutch on my 2007 Civic Si began to die this wee
The clutch has far more than "began to die this week" if the flywheel needs replacing.
This car is honestly a part out at this point and if you can get a grand for it I would take it immediately.
you are going up against the trifecta of
A: not enough meat on the bones to cover the possible downside for a dealership
B; anyone with the cash on hand is going to just finance/buy a runner and avoid the issues here
C: no lender is going to knowingly finance this car in this condition
Don't mean to sound harsh but them is the facts on vehicles that are this age or older and are not considered classics or collectibles.
Posted on 12/9/16 at 7:05 am to carguymatt
quote:
carguymatt
quote:
Trick someone in to dumping your problems off on them, just give them a sweet deal they can't pass up.
you sir are a piece of shite.
OP you may be better off donating the car for the tax write off.
This post was edited on 12/9/16 at 7:07 am
Posted on 12/9/16 at 8:49 am to carguymatt
quote:
carguymatt
You are a terrible person
Posted on 12/9/16 at 9:56 am to Bmath
Like others said, put it on Craigslist and don't expect too much. My wife had to do this with a civic that needed transmission replacement. You will probably get a lot of backyard used car dealers interested, but they aren't going to offer too much.
Posted on 12/9/16 at 11:07 am to Bmath
quote:
The clutch on my 2007 Civic Si began to die this week. Second one in <100,000 miles, and the total repair is going to cost $2k because they have to replace the flywheel. On top of that, it has paint issues from a faulty paint job on a recall and interior wear.
My aunt is giving me a great deal on a 4-year-old Rav4 with relatively low miles. Therefore I'm not looking to trade in the vehicle.
Would a dealership still be willing to buy it without using it as a trade in? Could I even try and sell it out on the street or on Craig's list considering it doesn't drive very well without the repair?
You could probably part out the car and get a few thousand (pull the entire k20 and ecu, axles, transmission, wire harness etc.. put on craiglist for $2500). Sell the rims (si rims will sell $250 or so). Depending on the condition of the seats, they are worth something as well.
You won't get anything from a dealer if it has mechanical problems. You are better of getting it fixed and driving around a car with bad paint and interior wear.
If you don't want to deal with any of this, list it for sale on craigslist for $4000 and take the first person who offers you $3000.
This post was edited on 12/9/16 at 11:16 am
Posted on 12/9/16 at 11:17 am to Eric Nies Grind Time
quote:
How is that not shady?
few reasons. You go to a private party to save money on a car purchase. Any pricing guideline you research will indicate that when doing this you should allow for unforeseen costs. Without looking I'm just gonna guess kelly blue book says his car private party in fair condition is worth around $5000( if I understand his miles to be under 100k). It also probably says good condition FAIR MARKET purchase price is around $1500-2500 more. so even if he gets over on his buyer, the buyer is going to pay the same money or less to get the same car either way. You don't subtract 2000 from 5000 and sell it for 3000 unless your dumb or desperate for cash.
The second part of this is, whoever takes it is likely going to ask for a sale price lower than the asking price. When they do that any hidden problems is fair game. So if he asks 5000, and the buyer says will you take 4500$ and the buyer hasn't realized there's an issue, there's no moral or ethical obligation at that point anyway to point out a clutch problem. If they notice it and don't want it, that's their choice. Used vehicle buyers are just as much of crooks if not more than are vehicle sellers. They always want to spend the least amount possible. The part for that car is about 100$-$200 online. If I had that car here I would have one of my drunkard crack head mechanics over here fixing it for under $500 TOTAL. If buyer wants to blow money getting the same job done at the dealership for $2000 that's his dumb arse problem.
The thing that's most idiotic about this post is, this guy is probably going to lose far more money than is worth losing on it, just because he thinks he's getting a good deal on his family members car. So OP, whatever money you lose giving your civic away, just tack that on to what value you think you gained in this amazing new car your buying.
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