: Sell or Keep N*



BONNEVILLEGXP
05-08-13, 09:15 PM
I don't have the amount of cash to fix my N* at all for a few months. Tell then I am out of a car, but even if I did have the cash, I'm not quite sure if its worth it. My car in its current shape is worth about 8K with good heads. So a 3K repair is almost half of what the car is worth. The car is also has a bad power steering rack, wheel bearings, and the transmission is showing signs of poor maintenance. It shifts perfect and never slips, but I found the bolts are not all the same head size and it's missing a bolt. Also more than half the bolts on the oil pan and tranny pan were extremely loose. If I got it up to par mechanical wise I'm looking at 5K if a shop does it, that is if the tranny does not bite the dust. I'm willing to do the work myself, but I don't have the time as I work full time. I'm thinking about trading for a car off less value that has more life in it than my GXP. It's painful to get rid of such a nice car for something of less caliber, but it's being a absolute nightmare too keep it running.

Ranger
05-08-13, 09:20 PM
If this was a question, it sounds like you've already answered it.

BONNEVILLEGXP
05-09-13, 12:50 AM
If this was a question, it sounds like you've already answered it.

Well next step would be as to how? I have a $8,000 payoff on the car.

stoveguyy
05-09-13, 08:31 AM
Cars! Talked to seller of 02 SLS. Thinks it has bad headgaskets. Just bought it for 5800 and will take 2800. Has 125k miles. Why the heck he paid 5800 is crazy. But dealers charge a premium for shiny cars

Submariner409
05-09-13, 08:36 AM
Unfortunately, it sounds as if you're upside down in the car.......... BUT if you "trade" it on another used car you'll most likely be even further in debt - with no guarantees that the new (used) car would be any less of a money drain.

20/20 hindsight, but perhaps the GXP was not a wise decision as a daily driver.

Ranger
05-09-13, 10:14 AM
I don't see how you can get out of this unscathed. You're gonna take it in the shorts one way or the other.

BONNEVILLEGXP
05-09-13, 02:07 PM
Unfortunately, it sounds as if you're upside down in the car.......... BUT if you "trade" it on another used car you'll most likely be even further in debt - with no guarantees that the new (used) car would be any less of a money drain.

20/20 hindsight, but perhaps the GXP was not a wise decision as a daily driver.

I went look at a Saturn Ion and seen this in the lot. I just simply wanted to drive it, and I did. My dad and I thought we could do some haggling and see if we could get it for a good price then come back once we decide its the right car. We never thought a bank would loan on a car that old with its kind of miles, but somehow they did. We were caught up in the excitement and he signed the papers. It was a very bad mistake and we still can't figure out how it happened. We do have it documented of how we wanted to use their 7 day buy back program, but they would not let us. We told them we would sue and they came back with saying that they'll fix the car 100% and make it like its new. I'm going to call the lot up and set up a meeting with the GM and discuss the possibility of them taking the GXP back and trading the loam out on a Chevy Trailblazer they have. Wish me luck!

----------


Cars! Talked to seller of 02 SLS. Thinks it has bad headgaskets. Just bought it for 5800 and will take 2800. Has 125k miles. Why the heck he paid 5800 is crazy. But dealers charge a premium for shiny cars

It's so painful to let to of such a substantial car and getting screwed over in the process.

----------


I don't see how you can get out of this unscathed. You're gonna take it in the shorts one way or the other.

Where I sit now, my only hope is a hailstorm to come by and total it out, them to trade it out in a Trailblazer, or it's going to sit in my driveway for a few years rotting away while I make payments on it and another car. I'm hoping the hailstorm will come through!

Ranger
05-09-13, 03:55 PM
it's going to sit in my driveway for a few years rotting away while I make payments on it and another car.
You're better off trading it and taking you lumps. Something is better than nothing.

BONNEVILLEGXP
05-09-13, 04:35 PM
You're better off trading it and taking you lumps. Something is better than nothing.

Sadly it's a straw purchase and my dad refuses to roll over back equity.

BONNEVILLEGXP
05-10-13, 01:55 AM
You're better off trading it and taking you lumps. Something is better than nothing.

Would you think any "Mechanic in a Can" would get it to put false negatives and quit steaming long enough to trade it off? I know it's not moral to do, but I've got to protect myself.

----------


Unfortunately, it sounds as if you're upside down in the car.......... BUT if you "trade" it on another used car you'll most likely be even further in debt - with no guarantees that the new (used) car would be any less of a money drain.

20/20 hindsight, but perhaps the GXP was not a wise decision as a daily driver.

I also would like to know your opinion. Would it be wise to use some "Mechanic in a Can" to get it to post negative block tests and to stop steaming long enough to trade it off at a dealership? I know it's not right to do, but I've got to protect myself.

vincentm
05-10-13, 09:48 AM
Would you think any "Mechanic in a Can" would get it to put false negatives and quit steaming long enough to trade it off? I know it's not moral to do, but I've got to protect myself.

----------



I also would like to know your opinion. Would it be wise to use some "Mechanic in a Can" to get it to post negative block tests and to stop steaming long enough to trade it off at a dealership? I know it's not right to do, but I've got to protect myself.

Hell No

Submariner409
05-10-13, 10:32 AM
I also would like to know your opinion. Would it be wise to use some "Mechanic in a Can" to get it to post negative block tests and to stop steaming long enough to trade it off at a dealership? I know it's not right to do, but I've got to protect myself.

Because the various "Mechanic in a bottle" products are not a real repair - only a BandAid (and a very temporary one in the case of the Northstar) - I would never resort to the procedure to falsify the true condition of a vehicle. If, for some reason, I sell the STS the buyer will know every wart on the car before he signs a check.

"OK, We'll take you car in trade - top dollar. What shape is it in ?" "Oh, just fine. It runs great." What does that make the seller ???

Ranger
05-10-13, 11:07 AM
A dealer (or anyone else) CAN come after you legally if they can prove that you knew of a defect and covered it up. A cooling system full of "repair-in-a-bottle" is pretty damning evidence.

BONNEVILLEGXP
05-10-13, 11:52 AM
A dealer (or anyone else) CAN come after you legally if they can prove that you knew of a defect and covered it up. A cooling system full of "repair-in-a-bottle" is pretty damning evidence.

I would never sell the car to a individual. I don't want anyone to have this to deal with, but a dealership? After selling cars for Ford, I can say that they knowingly sell cars with major problems. We had a 2001 Subaru Outback for a trade and gave top dollar for it, but once we got it in the rack to do the state safety inspection, it had been power washed underneath to hide 6 different leaks, oil pan full of Lucus so thick it was like syrup, and a welded A/C clutch. They couldn't do anything about it but cut their losses and send it to their "Buy Here, Pay Here!" Lots. It's worth taking a chance, and my lawyer is ruthless. If I have to use him he will get it where I smell great, I would just have to pay him, and he is not cheap.

----------




Because the various "Mechanic in a bottle" products are not a real repair - only a BandAid (and a very temporary one in the case of the Northstar) - I would never resort to the procedure to falsify the true condition of a vehicle. If, for some reason, I sell the STS the buyer will know every wart on the car before he signs a check.

"OK, We'll take you car in trade - top dollar. What shape is it in ?" "Oh, just fine. It runs great." What does that make the seller ???

It makes me a sadistic a$$hole, but I've got to look after myself first. I also wouldn't trade it off at one of the good dealers in town, but just one that's known to screw people over.

Submariner409
05-10-13, 01:21 PM
You've already shot yourself in the foot, twice:
1. If the used car lot would screw me, how do you get off scot-free at the beginning of the deal ?
2. Not needing a lawyer whose fee is "not cheap" might just pay for an engine stud job.

BONNEVILLEGXP
05-10-13, 01:27 PM
You've already shot yourself in the foot, twice:
1. If the used car lot would screw me, how do you get off scot-free at the beginning of the deal ?
2. Not needing a lawyer whose fee is "not cheap" might just pay for an engine stud job.

Well this time the car is going through a rigorous inspection by me and a mechanic. Compression check, block test, ball joints, tierod ends, brakes, and the whole nine yards. The need for a lawyer around here is not too great. It's rare for car lots to sue. It's worth taking the chance, and I would rather pay a lawyer than have this car. It has too many problems.

Ranger
05-10-13, 03:57 PM
my lawyer is ruthless. If I have to use him he will get it where I smell great, I would just have to pay him, and he is not cheap.

You're 18 years old and you have a lawyer? :hmm:

BONNEVILLEGXP
05-10-13, 03:58 PM
You're 18 years old and you have a lawyer? :hmm:

It's my family's lawyer. We owned a carwash and needed a lawyer a few times. He also does work for my uncles company D&S carwash equipment. It's a class A lawfirm.