Quote:
Originally Posted by wogin
Thanks Bruce.
I can swing $2000 a year, but wow that is more than I would have guessed for sure. As for the oil changes, I could see that being an issue too, but on the other hand I wasn't sure why oil would go bad from just a change in container (engine vs plastic jug) ...I had read some discussion of oil becoming acidic with age, but couldn't figure out why that would occur if the car was not being run??? not doubting, just looking to learn.
Edmunds is $9022 private party, Bluebook is $10,100 private party,
NADA dealer retail is $11,300 all for excellent condition. Are these estimates accurate? Their asking price is $11,500, so if the estimators are correct then I should be going for closer to bluebook or Edumnds? I want to have an idea of a fair price for this car considering it's milage, history (not being run for a few years and potential for problems associate with it), assuming it is in excellent
cosmetic condition with nothing discovered on a PPI.
Bottom line: I don't want to start out in the hole on the first day of ownership because i payed too much.
Thanks again Bruce. If anyone else wants to chime in please do, I value your experience.
-Brian
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The $2000/year is just a wag quoted around here but it really depends on the prior maintenance history. I am coming up on four years of ownership and have not spent anywhere near that amount. My vehicle was well cared for and I have done the same with regular oil and fluid changes. I also am not using it as a daily driver but it gets regular exercise. You just have to remember that it is a 15 year old car so no matter what, it will need attention. I would honestly say, get a PPI, so that you know what you are getting and if the report shows anything amiss, then you have that for negotiations. Price wise, off the top of my head, I would want to get it closer to $10k. And yes, oil becomes acidic with age and is what seems to cause IMS failures. Oil gets trapped behind the "sealed" bearing and turns acidic. The theory is high revs will push new and hopefully fresh oil into and behind the bearing. That is why many on here will say to drive it like you stole it, i.e., high revs, and regularly.