Sell as is or fix and sell

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Old 19 Oct 2006, 08:48 am   #1 (permalink)
comcastss news groups
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Default Sell as is or fix and sell

97 Camry XLE, 120,000 mile.
We just found out the Power steering pump is leaking. the rack and pinion
got scored and is also leaking.

This is a spare car and I dont want to put any more money into it.
( I never liked the ride due to the lousy suspension on this car....)

We're looking at around $1000 to repair.

I checked the value online and it ranges from $4,000 to $7,600

The car has been well maintained, Timing belt was done. leather, power
everything.

Would I be better off to fix it and then sell it of sell as is but knock
$1000 off the price...

TIA


Steve


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Old 19 Oct 2006, 10:44 am   #2 (permalink)
Bassplayer12
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Default Re: Sell as is or fix and sell

Check recyclers for good used parts. Given the poplarity of Camry's, you
might strike lucky.
One important element, are there any other issues with the car, present or
future as far as your mechanic can tell?
120,000 is low mileage for a Camry.
But, if you really don't like the car, get rid of it and buy another one.
But, you'd buy someone else's car issues with it as well.
I have a 98 and also find the suspension lousy but, when I can afford it,
I'll buy better shocks.

"comcastss news groups" <srivet@starprintingcorp.com> wrote in message
news:rPWdnUK8AcJcHarYnZ2dnUVZ_rOdnZ2d@conversent.n et...
> 97 Camry XLE, 120,000 mile.
> We just found out the Power steering pump is leaking. the rack and pinion
> got scored and is also leaking.
>
> This is a spare car and I dont want to put any more money into it.
> ( I never liked the ride due to the lousy suspension on this car....)
>
> We're looking at around $1000 to repair.
>
> I checked the value online and it ranges from $4,000 to $7,600
>
> The car has been well maintained, Timing belt was done. leather, power
> everything.
>
> Would I be better off to fix it and then sell it of sell as is but knock
> $1000 off the price...
>
> TIA
>
>
> Steve
>
>



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Old 19 Oct 2006, 10:57 am   #3 (permalink)
BigJim
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Default Re: Sell as is or fix and sell

sale it AS IS
"comcastss news groups" <srivet@starprintingcorp.com> wrote in message
news:rPWdnUK8AcJcHarYnZ2dnUVZ_rOdnZ2d@conversent.n et...
> 97 Camry XLE, 120,000 mile.
> We just found out the Power steering pump is leaking. the rack and pinion
> got scored and is also leaking.
>
> This is a spare car and I dont want to put any more money into it.
> ( I never liked the ride due to the lousy suspension on this car....)
>
> We're looking at around $1000 to repair.
>
> I checked the value online and it ranges from $4,000 to $7,600
>
> The car has been well maintained, Timing belt was done. leather, power
> everything.
>
> Would I be better off to fix it and then sell it of sell as is but knock
> $1000 off the price...
>
> TIA
>
>
> Steve
>
>



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Old 19 Oct 2006, 12:39 pm   #4 (permalink)
mack
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Default Re: Sell as is or fix and sell


"comcastss news groups" <srivet@starprintingcorp.com> wrote in message
news:rPWdnUK8AcJcHarYnZ2dnUVZ_rOdnZ2d@conversent.n et...
> 97 Camry XLE, 120,000 mile.
> We just found out the Power steering pump is leaking. the rack and pinion
> got scored and is also leaking.
>
> This is a spare car and I dont want to put any more money into it.
> ( I never liked the ride due to the lousy suspension on this car....)
>
> We're looking at around $1000 to repair.
>
> I checked the value online and it ranges from $4,000 to $7,600
>
> The car has been well maintained, Timing belt was done. leather, power
> everything.
>
> Would I be better off to fix it and then sell it of sell as is but knock
> $1000 off the price...
>
> TIA
>
>
> Steve


This is a tough call...I'd be tempted to tell the potential buyer about the
problem and let him have the car for $1000 less than retail book. If you
fix the problem, you're out the grand, and you still are at the mercy of a
potential buyer who may not pay the price you will then want. Everybody
loves a bargain, and if the buyer can fix it himself for less than a grand,
he's happy.

I'm a little surprised that you don't like the ride of the Camry ..."lousy
suspension"... because I have a 97 Camry with 136K miles, and the ride is
fine, and I've never replaced the original shocks.. If you want to
experience lousy suspension, try driving any Nissan Sentra. Go over a
little pothole and you'll think you've hit a railroad tie in the road.
Terrible. It deals with tiny bumps well, but if it's a major bump, it will
loosen your back teeth.


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Old 19 Oct 2006, 01:16 pm   #5 (permalink)
comcastss news groups
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Default Re: Sell as is or fix and sell

I also have a 98 Honda Accord and the ride is MUCH better.
I've looked into the whole Upper front strut mount problem the 97's have but
I havent done anything about it.
Other than the steering problem the car is in good shape.
I dont think I'll have a problem selling it. I agree, Someone who could fix
it themselves would get a good deal if I knocked $1000 off the price...



Thanks

Steve



"mack" <mackerel@dslextreme.com> wrote in message
news:12jffbgkc1ic6d5@corp.supernews.com...
>
> "comcastss news groups" <srivet@starprintingcorp.com> wrote in message
> news:rPWdnUK8AcJcHarYnZ2dnUVZ_rOdnZ2d@conversent.n et...
> > 97 Camry XLE, 120,000 mile.
> > We just found out the Power steering pump is leaking. the rack and

pinion
> > got scored and is also leaking.
> >
> > This is a spare car and I dont want to put any more money into it.
> > ( I never liked the ride due to the lousy suspension on this car....)
> >
> > We're looking at around $1000 to repair.
> >
> > I checked the value online and it ranges from $4,000 to $7,600
> >
> > The car has been well maintained, Timing belt was done. leather, power
> > everything.
> >
> > Would I be better off to fix it and then sell it of sell as is but knock
> > $1000 off the price...
> >
> > TIA
> >
> >
> > Steve

>
> This is a tough call...I'd be tempted to tell the potential buyer about

the
> problem and let him have the car for $1000 less than retail book. If you
> fix the problem, you're out the grand, and you still are at the mercy of a
> potential buyer who may not pay the price you will then want. Everybody
> loves a bargain, and if the buyer can fix it himself for less than a

grand,
> he's happy.
>
> I'm a little surprised that you don't like the ride of the Camry ..."lousy
> suspension"... because I have a 97 Camry with 136K miles, and the ride is
> fine, and I've never replaced the original shocks.. If you want to
> experience lousy suspension, try driving any Nissan Sentra. Go over a
> little pothole and you'll think you've hit a railroad tie in the road.
> Terrible. It deals with tiny bumps well, but if it's a major bump, it

will
> loosen your back teeth.
>
>



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Old 19 Oct 2006, 03:49 pm   #6 (permalink)
EdV
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Default Re: Sell as is or fix and sell

Does the power steering fluid have a filter or strainer? I've already
heard a couple of problems with power steering fluid leaking. The power
steering and transmission fluid are the same, right? so this has to be
drained/replaced at the same time?

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Old 19 Oct 2006, 07:56 pm   #7 (permalink)
Wolfgang
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Default Re: Sell as is or fix and sell

huh - they both use Dextron fluid but not the same reservoir.

"EdV" <edramirventura@gmail.com> wrote in message
news:1161290962.753269.133460@m73g2000cwd.googlegr oups.com...
> Does the power steering fluid have a filter or strainer? I've already
> heard a couple of problems with power steering fluid leaking. The power
> steering and transmission fluid are the same, right? so this has to be
> drained/replaced at the same time?
>



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Old 19 Oct 2006, 08:16 pm   #8 (permalink)
jg
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Default Re: Sell as is or fix and sell


"comcastss news groups" <srivet@starprintingcorp.com> wrote in message
news:rPWdnUK8AcJcHarYnZ2dnUVZ_rOdnZ2d@conversent.n et...
> 97 Camry XLE, 120,000 mile.
> We just found out the Power steering pump is leaking. the rack and pinion
> got scored and is also leaking.
>
> This is a spare car and I dont want to put any more money into it.
> ( I never liked the ride due to the lousy suspension on this car....)
>
> We're looking at around $1000 to repair.
>
> I checked the value online and it ranges from $4,000 to $7,600
>
> The car has been well maintained, Timing belt was done. leather, power
> everything.
>
> Would I be better off to fix it and then sell it of sell as is but knock
> $1000 off the price...
>

Might be better to trade it with a dealer in that case, assuming you are
replacing it. They are more likely to understand the whole car is not a dog
and can fix the problem easier than most private buyers. And they are
probably more likely to have fixed whatever was wrong with the one you buy
from them.


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Old 20 Oct 2006, 07:48 am   #9 (permalink)
comcastss news groups
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Default Re: Sell as is or fix and sell

Funny Timing...
Last night I got a letter from the dealer we bought the car from...
We've bought 3 cars from them!

The are offering a loyalty program this weekend..
$3500 off sticker price and 110 percent of NHDA? value for the trade in.

Plus Tomorrow is my wifes birthday.. (car is for my wife)

I will go down and if they have a car that suits me I think I can drive a
pretty hard deal with them....


If that does not work out I'll detail the car and put it up for sale.
No hurry to sell as I have a spare Toyots Tacoma I can drive for now.
(inherited last year)


Thanks for the input...

Stee


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Old 20 Oct 2006, 10:45 am   #10 (permalink)
Andy Hill
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Default Re: Sell as is or fix and sell

"comcastss news groups" <srivet@starprintingcorp.com> wrote:
>97 Camry XLE, 120,000 mile.
>We just found out the Power steering pump is leaking. the rack and pinion
>got scored and is also leaking.
>
>This is a spare car and I dont want to put any more money into it.
>( I never liked the ride due to the lousy suspension on this car....)
>
>We're looking at around $1000 to repair.
>
>I checked the value online and it ranges from $4,000 to $7,600
>
>The car has been well maintained, Timing belt was done. leather, power
>everything.
>
>Would I be better off to fix it and then sell it of sell as is but knock
>$1000 off the price...
>

Personally, if I'm looking at a car with major lack-of-maintenance issues like
that, I'll either walk away or assume that it's got other lurking issues about
to pop, and offer you rock-bottom dollar.

Translation: fix it -- most folks don't want a fixer-upper.
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