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Getting rid of old cars

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Hi:

After hoping to get a project beater car ('94 Corolla, 137k miles) for $1200, maybe I am biting more than I could chew. Repairs are already $1200 excluding a leaking engine, but does anyone know how to rid of a car for max profit? I just thought of this today because I began to realize my throat is burning a bit and fumes are on the window of the Corolla. 

9 Answers
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If you're already $2400 into it you're unlikely to find anyone that will pay even that much for a 28 year old Corolla that still has problems and is letting fumes into the passenger compartment.

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Posted by: @mmj

sell them both and get a good car

You got this advice a month ago. Why are you still willingly inhaling potentially toxic fumes?!

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Posted by: @itwt

You got this advice a month ago

And also this ...

 

Posted by: @chucktobias

a car that old isn't a good choice if you're going to be running to a mechanic every time something breaks.

 

Posted by: @jxyooj71

I was overly eager after reading Scotty's book

Doesn't Scotty also advise to do a thorough inspection before buying a car? When there's broken things, you need to find out how much it will cost to fix them. Would you buy a house with a leaking roof without knowing the cost to replace it?

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Posted by: @jxyooj71

how to rid of a car

The fumes are probably a leaking heater core. Pinch off the heater hoses with a vice grip or something and just say the heater is inoperable.

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Posted by: @chucktobias

If you're already $2400 into it you're unlikely to find anyone that will pay even that much for a 28 year old Corolla that still has problems and is letting fumes into the passenger compartment.

Oh, I haven't paid for any repairs! I just got plenty of quotes and it'll add up to $1200. I'm just trying to see how to get help reducing loss at this point after burning my throat.

To even get your original $1200 back you're probably going to need to find a buyer that can do the needed work themselves, and even then if it's in real bad shape it's going to be a hard sell.

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Posted by: @chucktobias

To even get your original $1200 back you're probably going to need to find a buyer that can do the needed work themselves, and even then if it's in real bad shape it's going to be a hard sell.

Understood. I was overly eager after reading Scotty's book and ignored the axle leak to get the car, thinking it would be a cheap fix over paying $12000 for a car. Thank you for keeping it real. 

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Posted by: @itwt

You got this advice a month ago. Why are you still willingly inhaling potentially toxic fumes?!

I didn't realize my throat was feeling weird yesterday and then I think today confirmed it. It wasn't like that when I first got the Corolla and drove it occasionally, so I wasn't sure if there were more problems. I also have negative equity on my Kia (-$2000-3000) but it's my reliable vehicle for the time being to get to work. Pretty much I'm trying to find a reliable vehicle before I can safely let the Kia go, but it's been a rough journey. And this brings me today to try and get rid of it, whether to privately sell it, CarMax sell it, or junk it.

Yes! Carmax, carvana, do what you need to do to offload it asap! Don’t forget that strong air freshener before you rock up for the sale..

Where did the Kia come from. I though this was an old corolla? Which car has the fumes?

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Topic starter
Posted by: @mmj

Doesn't Scotty also advise to do a thorough inspection before buying a car? When there's broken things, you need to find out how much it will cost to fix them. Would you buy a house with a leaking roof without knowing the cost to replace it?

I'm not really experienced with cars, and I got too eager with 137k miles despite the axle leak. I also drove a bit out of my way to see the car and didn't have a mechanic to turn to and didn't do enough research in the area to find one. I had hoped that knowing that there was an axel leak was my only problem, but after my go-to mechanic looked at it for free, it became a bigger headache. I know now I really should hire someone to look at a car due to my inexperience. It's just me also being cheap and trying to justify fixing a car that'll last me 5 years for $2000 versus paying into my Kia that has negative equity at this time. 

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Topic starter
Posted by: @mrbob

Where did the Kia come from. I though this was an old corolla? Which car has the fumes?

I have a 2015 Kia Rio LX as my main car but was hoping to get a reliable car to then rid of the Kia cuz I'm fearful of it blowing up. The old 94 Corolla has fumes and I'm trying to get rid of it soon. 

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