Used car shopping over!
- Thread starter redsox1975
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Originally Posted By: dishdude
Originally Posted By: cptbarkey
i think you paid too much and that car is a death trap in a major wreck. however perception is king, and if you think you got a good deal that is all that matters, enjoy.
To post something like that before someone buys and is looking for opinions, fair enough. To do so post purchase is totally classless.
Enjoy seething over my post.
Originally Posted By: cptbarkey
i think you paid too much and that car is a death trap in a major wreck. however perception is king, and if you think you got a good deal that is all that matters, enjoy.
To post something like that before someone buys and is looking for opinions, fair enough. To do so post purchase is totally classless.
Enjoy seething over my post.
Cpt may have been a bit too harsh, but I don't think the message content itself is classless. Rather strongly worded, and I don't think it's necessarily a death trap.
However, I also agree that the OP did overpay (IMO), considering that it has over 100k miles,.
However, I also agree that the OP did overpay (IMO), considering that it has over 100k miles,.
Good luck with it, I still can't wrap my head around paying $4,300 for a car that probably cost $14k new 15 years ago.
House and car are so much different. You paid $15k for a vehicle 15 years ago, you'll lucky to get 30% of what you paid selling it today. You paid $300k for house at the same time 15 years ago, you should get more than 150-200% for it now if you like to sell it.
If it is no rust, you are not going to have much problem with that car and you have to overpay to get that kind of condition and miles. $4300 is on the high side, but not ridiculous.
Those engine are interference. If I remember right it is iVTEC and has 60k timing belt interval. The labor to change it here is usually $200 if you bring parts, so $300 with aftermarket parts and $400 with OEM parts is about right.
BTW, any car that is good with fuel economy in that era is going to be a death trap, so ignore those death trap comments if you want to save fuel.
Those engine are interference. If I remember right it is iVTEC and has 60k timing belt interval. The labor to change it here is usually $200 if you bring parts, so $300 with aftermarket parts and $400 with OEM parts is about right.
BTW, any car that is good with fuel economy in that era is going to be a death trap, so ignore those death trap comments if you want to save fuel.
FWIW back in 2009 I sold a 2000 Civic EX coupe, stick shift, with ~185k miles, for $3,600. That was my asking price and it was gone in 4 days. So I don't think the OP overpaid, at that mileage he could be driving the car for a long time. Many lesser vehicles that are older than it are still around.
jeff
jeff
Originally Posted By: HTSS_TR
House and car are so much different. You paid $15k for a vehicle 15 years ago, you'll lucky to get 30% of what you paid selling it today. You paid $300k for house at the same time 15 years ago, you should get more than 150-200% for it now if you like to sell it.
I'd be happy getting anything for a 15 year old car, it's probably toast and barely above scrap. But it'll have done 15 years of work and is allowed to depreciate to nothing.
Unfortunately I used to believe like you did about houses, and bought one, and right now I'd be happy to get what I paid for it after 9 years. Ecstatic actually. Wrong timing, wrong neighborhood--my mistake. I'm still smarting from the 25% drop from the peak. But even that makes sense. Land might appreciate, but houses shouldn't.
House and car are so much different. You paid $15k for a vehicle 15 years ago, you'll lucky to get 30% of what you paid selling it today. You paid $300k for house at the same time 15 years ago, you should get more than 150-200% for it now if you like to sell it.
I'd be happy getting anything for a 15 year old car, it's probably toast and barely above scrap. But it'll have done 15 years of work and is allowed to depreciate to nothing.
Unfortunately I used to believe like you did about houses, and bought one, and right now I'd be happy to get what I paid for it after 9 years. Ecstatic actually. Wrong timing, wrong neighborhood--my mistake. I'm still smarting from the 25% drop from the peak. But even that makes sense. Land might appreciate, but houses shouldn't.
Recent thread on Civic timing belts https://bobistheoilguy.com/forums/ubbthreads.php/topics/3376373/1
I'd recommend the Aisin water pump / timing belt kit. A few dollars more for higher quality parts.
I'd recommend the Aisin water pump / timing belt kit. A few dollars more for higher quality parts.
I realize I did over pay for the car as stated in my first post on the subject.
If this car will last 3 years it will more than pay for itself in Fuel savings. That's what I was after, that's what I found and I'm happy. That's all that counts!
If this car will last 3 years it will more than pay for itself in Fuel savings. That's what I was after, that's what I found and I'm happy. That's all that counts!
Originally Posted By: redsox1975
I realize I did over pay for the car as stated in my first post on the subject.
If this car will last 3 years it will more than pay for itself in Fuel savings. That's what I was after, that's what I found and I'm happy. That's all that counts!
OP,
you nailed down.
if you like it and it suites you, than please enjoy.
congrats and many years of use.
I realize I did over pay for the car as stated in my first post on the subject.
If this car will last 3 years it will more than pay for itself in Fuel savings. That's what I was after, that's what I found and I'm happy. That's all that counts!
OP,
you nailed down.
if you like it and it suites you, than please enjoy.
congrats and many years of use.
Originally Posted By: supton
I'd be happy getting anything for a 15 year old car, it's probably toast and barely above scrap. But it'll have done 15 years of work and is allowed to depreciate to nothing.
I agree. My 20.5 year old Lexus LS400 with more than 360k miles paid for itself 5-6 years ago. Since then the only cost was gas, insurance, registration and maintenance. It's more or less a free transportation vehicle.
Originally Posted By: supton
Unfortunately I used to believe like you did about houses, and bought one, and right now I'd be happy to get what I paid for it after 9 years. Ecstatic actually. Wrong timing, wrong neighborhood--my mistake. I'm still smarting from the 25% drop from the peak. But even that makes sense. Land might appreciate, but houses shouldn't.
Land is appreciating almost every year, the house actually depreciating every year just like everything else. But the value of the land in So Cal increases so much faster than the building, the total value is going up every year since 1994-1995 except 4 years from 2007 till 2011.
Some houses just sold the last 6-8 weeks for up to 15% more than listed price.
I'd be happy getting anything for a 15 year old car, it's probably toast and barely above scrap. But it'll have done 15 years of work and is allowed to depreciate to nothing.
I agree. My 20.5 year old Lexus LS400 with more than 360k miles paid for itself 5-6 years ago. Since then the only cost was gas, insurance, registration and maintenance. It's more or less a free transportation vehicle.
Originally Posted By: supton
Unfortunately I used to believe like you did about houses, and bought one, and right now I'd be happy to get what I paid for it after 9 years. Ecstatic actually. Wrong timing, wrong neighborhood--my mistake. I'm still smarting from the 25% drop from the peak. But even that makes sense. Land might appreciate, but houses shouldn't.
Land is appreciating almost every year, the house actually depreciating every year just like everything else. But the value of the land in So Cal increases so much faster than the building, the total value is going up every year since 1994-1995 except 4 years from 2007 till 2011.
Some houses just sold the last 6-8 weeks for up to 15% more than listed price.
Patman
Staff member
As long as you are happy that's what counts. There will always be a better deal out there, for example, my good friend at work bought a 99 Civic EX sedan 3 years ago for just $900! It had only 100,000 km on it at the time and didn't look perfect (a bit of rust and some huge scratches/dents on the side) but it was super clean inside and mechanically perfect. He now has 275,000km on it and it has only needed a few minor repairs which he tackled himself to save money on labor, so he's spent less than $1000 keeping this car running and will probably get another 5 years out of it at this rate. I bought a 2000 Civic EX sedan brand new in Oct 99 and my ex wife still drives it to this day. So these are good durable cars!
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