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Old 05-22-2011, 06:41 PM   #4
kcpaz
Registered User
 
Join Date: Oct 2008
Location: Gilbert, AZ
Posts: 266
It's going to depend A LOT on your local market, but just for comparison, I bought a local 2000 S with a bad motor and 73,000 mi. and a few small interior issues for $3200 and I felt like both parties got a fair deal.

Another example... A customer of mine was able to buy a 1999 base with a questionable motor and some minor interior issues for $2500. Unfortunately on your end, because of how expensive the engines are to replace/rebuild, the value of a car that needs an engine is VERY low.

On a slightly unrelated note, I predict the value of cars in this condition to go up slightly as more people are willing to do Subaru engine conversions, but that could just be my own wishful thinking.

I don't predict the cost of engine rebuilds to go down any time soon for a lot of reasons, but mostly because of the unique nature of the engines, and the special tools/procedures involved. Maybe Jake could correct me though and give his own predictions on that.

Sorry for your "loss" and good luck with which ever path you choose.
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