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Cars and Transportation
Reply to "Repair vs. Sell"
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[quote=Anonymous][quote=Anonymous]You could easily get 250,000 miles on that car. I bet a dealer could make quite a bit of cash on that car that you couldn't make yourself selling privately. Mark up the price and sell it with an extortionate rate loan. My friend wanted to buy a 15-year old Subaru from me that the dealer would have given me $750 for. He knew the engine oil leaked at the gasket but that it had good regular maintenance and was clean inside. He gave me $1K. It lasted 1 year without work. When it broke, he sold it for $500 to someone who did the work to put it back on the road. It will probably last another 30-40K because of the parts I already maintained on it. Toyota are better than Subarus.[/quote] This is very encouraging. Thank you![/quote]
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