I am looking for the collective wisdom of my fellow Bitogers.
I ran across a 1995 Honda Accord DX with 123k miles, the body is in descent shape for $1,500. I talked to the owner and he says it has a bad trans. As I questioned him on this further, the story is he drives it about 40 miles each way to work everyday and it shifts fine going forward. It only has a problem in reverse, sometimes it takes a few times to actually "catch" and go into gear. He took it to a mechanic who said the trans is bad (of course he wants to make money)
I have read some different threads on Bitog and other places where bad Transmission and/or motor mounts can cause the transmission to have this problem in reverse.
I don’t know the maintenance history of the vehicle. The current owner bought it from a friend only about 3 months ago and now he wants to dump it because he doesn’t want to drop a grand on a new trans.
This car averages about $2,500-3,000 in this condition and mileage. I think if I can get it for $1,000 put in new mounts and have a decent car for the price or turn around and sell it for some profit all the while having fun fixing it, etc it might be worth it.
I know there are risks but how calculated would you say they are?
Let me know what you think, thanks in advance!
I ran across a 1995 Honda Accord DX with 123k miles, the body is in descent shape for $1,500. I talked to the owner and he says it has a bad trans. As I questioned him on this further, the story is he drives it about 40 miles each way to work everyday and it shifts fine going forward. It only has a problem in reverse, sometimes it takes a few times to actually "catch" and go into gear. He took it to a mechanic who said the trans is bad (of course he wants to make money)
I have read some different threads on Bitog and other places where bad Transmission and/or motor mounts can cause the transmission to have this problem in reverse.
I don’t know the maintenance history of the vehicle. The current owner bought it from a friend only about 3 months ago and now he wants to dump it because he doesn’t want to drop a grand on a new trans.
This car averages about $2,500-3,000 in this condition and mileage. I think if I can get it for $1,000 put in new mounts and have a decent car for the price or turn around and sell it for some profit all the while having fun fixing it, etc it might be worth it.
I know there are risks but how calculated would you say they are?
Let me know what you think, thanks in advance!