Will I still be able to sell my old car? — PinoyExchange

Will I still be able to sell my old car?

I bought a new car and as much as I want to keep my old one, I don't think I'd be able to sustain maintaining two cars.

I have a white 1994 Toyota Corolla XL. My problem with selling it is that there's a lot to fix on it. The primary problem is the engine which has an oil leak which either would require an overhaul or would need to be changed altogether.Don't get me wrong, the car still runs well but oil change is faster than usual because of the leak. Thus, I'm not really sure if it's still sell-able.

Any advise would be appreciated. Your best offers would also be much much appreciated. :)

Comments

  • One man's trash is another man's treasurre.
  • Its just a matter of pricing. Naturally it will not command a price on par with other better conditioned XLs.
  • Have the problem estimated first. If you think having it fixed will be minimal and would allow to greater returns then go for it.

    Or, sell it at a loss. Naturally a 94 XL would just be below 100k to get it off your hand. With a problematic car as you stated, you'd be better selling it around 50k to 80k.

    If you are around Pasay area, I'd recommend you go to Elite Project Motorsport. It's on your right going to Baclaran, just before EDSA LRT station.
  • marco_1
    marco_1 M I Y E M B R O
    kuha ka na lang ng magaling na mekaniko, or post mo din yan for swap or benta mo sa buy and sell - http://www.buyandsellph.com/
  • baludoy
    baludoy Nag me-meron
    pwede iyan. just be forthright w/ the prospective buyer
  • depende sa price.

    if you're willing to sell it at below 100K i'm sure you will find buyers.

    my advice is to sell it as is.

    if you spend an extra 50K to have it repaired, can you get an additional 50K ? you may not at the same time, nag advance ka na 50K na you dont know when it will come back to you.

    may kilala ako na interested in getting 2nd hand corolla. how much do you want to sell it and where can we see it ?
  • yu irene wrote: »
    depende sa price.

    if you're willing to sell it at below 100K i'm sure you will find buyers.

    my advice is to sell it as is.

    if you spend an extra 50K to have it repaired, can you get an additional 50K ? you may not at the same time, nag advance ka na 50K na you dont know when it will come back to you.

    may kilala ako na interested in getting 2nd hand corolla. how much do you want to sell it and where can we see it ?

    You got PM! :)
  • slamm
    slamm runnin on empty
    1st Option: Sell "as is"; with that expect to get around 80K to 100K from the sale.

    2nd Option: Repair the engine; a leak would mean changing the gaskets and getting a compression test. If you have the time to find a good mechanic and to buy parts for an overhaul then expect to spend around 15K to 25K. Get the car detailed, make sure there's no kalampag in the suspension and you'll fetch around 120K-140K.
  • a 94 corolla XL for 120k to 140k?

    That's just too high for me. The current market value for one is just merely above 100k and that's for a perfectly good condition one already.
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