Tips on Buying Cars: Question, gate leakage, break line
QuestionHello
I have Toyta Camery LE 1993. 4 cylinder Sedan. With about 133000 miles. The blue book price for this car in a fair condition is about $2000 if I sell it to private party.
Last month I spent about $550 to change the break line and to change the radiator to new one. Then after few days, I found there is another leak going on for oil and antifreeze that will cost me another $300 to fix, but I kept using this car without repairing the second leakage. Instead I kept the car in my house garage with my sister, and I flew overseas to work for one year or possibly I will stay out of the U.S for more than a year.
At this time I am thinking to sell this car for $2000 without fixing the oil gas gate leakage. Should I keep this car on my garage until I go back to the states, and use it again?, or should I ask my sister to go head and sell it for $2000?. When I go back to the states after one or 2 years, I can buy another one for $5000 or $6000.
AnswerSam,
Thanks for the question. I would sell the vehicle now, because the vehicle will develop other issues as it sits there, that will cost a whole lot more than what the car is worth right now. Sell it, and then get another one when you come back to the states.
Thanks - JB