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Advice on selling a car with issue

Posted on 10/5/18 at 11:59 pm
Posted by John Cocktosten
Everywhere and Nowhere
Member since May 2016
325 posts
Posted on 10/5/18 at 11:59 pm
So, I have a Mustang that’s had some minor issues (AC air handler clicks, piece of interior needs to be re-attaches). Nothing major until now.

Today my transmission is not working properly. After driving for a bit, the clutch does not work at all.

Dropped it off to get looked at tomorrow. Hoping to hear it’s something relatively minor with the clutch.

Any advice on getting something for it with this issue. I got a trade-in number 2 weeks ago that was decent, but now am concerned I won’t even get half that.

Any advice from the OT masterminds?
Posted by Huey Lewis
BR
Member since Oct 2013
4641 posts
Posted on 10/6/18 at 12:03 am to
First, you gotta cover up the problem for as little money as possible.

Then you gotta sell that piece of shite.

After that you'll have all the money and it will be some other sucker's problem.

And that, my friend, is how the used car business works. You're welcome.
Posted by airfernando
Member since Oct 2015
15248 posts
Posted on 10/6/18 at 12:22 am to
quote:

Dropped it off to get looked at tomorrow. Hoping to hear it’s something relatively minor with the clutch.
if your car had a cold, surely you knew the mechanic was going to tell you it needed a triple bypass surgery.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48240 posts
Posted on 10/6/18 at 12:26 am to
quote:

First, you gotta cover up the problem for as little money as possible. 

Then you gotta sell that piece of shite. 

After that you'll have all the money and it will be some other sucker's problem. 

And that, my friend, is how the used car business works. You're welcome.

I traded in my wife's Kia like 15 years ago. That thing barely made it to the dealership without overheating and stalling. It was about 7 pm and the techs had left. The salesman drove it about a quarter of a mile and gave me full trade in.

Ultimately the joke was on me though. The brand new Altima we bought was a piece of shite
Posted by GoHoGsGo06
Member since Nov 2006
5739 posts
Posted on 10/6/18 at 2:01 am to
First, don’t trade it in to dealership. They offer horrible trade ins for cars with any issues.

Second, after you get fixed what you can, you need to be upfront when you go to sell it. Don’t screw people over.

I just went through a similar issue with my wife’s SUV. Dealership offered $300 bucks. I laughed at the offer. Went on Craigslist, openly discussed the engine issues with the car (that was still driveable). Sold it for $1800 in less than a day.

People will buy a junker. They just need to know it is a junker before they buy it.
Posted by 756
Member since Sep 2004
14850 posts
Posted on 10/6/18 at 5:29 am to
Most cars not running that have either a good trans or good engine should bring at least $700. There are lots of folks who buy them, get the parts from Junk yard and have a runner.

If a dealer takes it on trade and realizes the trans is gone they are really giving you nothing but hiding the numbers.

If they don't ascertain the bad trans you will get auction price at best
Posted by Placebeaux
Bobby Fischer Fan Club President
Member since Jun 2008
51852 posts
Posted on 10/6/18 at 5:38 am to
Standard or automatic?
Posted by jeffsdad
Member since Mar 2007
21315 posts
Posted on 10/6/18 at 5:48 am to
Always happens just before you sell. something every time
Posted by Hamma1122
Member since Sep 2016
19776 posts
Posted on 10/6/18 at 6:05 am to
Get the issue addressed
Posted by John Cocktosten
Everywhere and Nowhere
Member since May 2016
325 posts
Posted on 10/7/18 at 9:49 am to
Standard. Hoping it’s a clutch issue and not transmission.
Posted by LSUbase13
Mt. Pleasant, SC
Member since Mar 2008
15060 posts
Posted on 10/7/18 at 9:51 am to
Sell "as is".
Posted by Koach K
Member since Nov 2016
4047 posts
Posted on 10/7/18 at 9:53 am to
Disclose and move on. Only a POS would play games. Anyways it’s a given that that car has issues based on age and mileage.
Posted by John Cocktosten
Everywhere and Nowhere
Member since May 2016
325 posts
Posted on 10/7/18 at 10:49 am to
Thanks for the solid advice. Much appreciated!
Posted by Macfly
BR & DS
Member since Jan 2016
8021 posts
Posted on 10/7/18 at 11:20 am to
As others have stated, tell the buyer what the issues are and you'll both be satisfied.
Posted by OweO
Plaquemine, La
Member since Sep 2009
113830 posts
Posted on 10/7/18 at 11:38 am to
So you want to sell a car in which the buyer will have to get the AC fixed and possibly a new transmission? You will get lowballed because that's what anyone who will buy it will think about. They are not going to buy it, hoping for the best.. That would be a bad investment.

You just have to figure out what it will cost to fix it and how much you can sell it once you get everything fixed opposed to how much you can sell it for as is.
Posted by cryptkeeper
Louisiana
Member since Sep 2018
147 posts
Posted on 10/7/18 at 12:27 pm to
What are the details on the mustang....year, gt, v8, etc? There are always Mustang enthusiasts looking for a project car.
Posted by The Mick
Member since Oct 2010
43018 posts
Posted on 10/7/18 at 12:34 pm to
Post your ad with full disclosure of the issues, only way to do it.
Posted by Pico de Gallo
Member since Aug 2016
1894 posts
Posted on 10/7/18 at 1:42 pm to
Sell it explicitly "AS IS" cheaper than normal and have a signed, notarized document.
Posted by TigerDeBaiter
Member since Dec 2010
10248 posts
Posted on 10/7/18 at 3:03 pm to
quote:

advice


Take it to carmax and take what you can get, or trade it in when buying another car.

Don’t try to sell it to someone private party if you know it has issues.
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