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To Fix Up or Trade Up, That is the Question

536 messages,  Last post on Jul 24, 2009 at 9:12 AM

You are in the Maintenance & Repair Forum. Your Host is mr_shiftright

What is this discussion about? Car Safety, Tires, Wheels, Auto Body, Brakes, Engine, Interior, Paint, Transmission, Fuel Efficiency (MPG), Buying Insurance, Coupe, Convertible, Hatchback, Truck, Sedan, Wagon, SUV, Van


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#425 of 536
Re: Dead Transmission [bastimret] by jchan2
Oct 23, 2008 (5:39 pm)
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Replying to: bastimret (Oct 23, 2008 1:49 pm)

I would go ahead and fix the transmission, and then drive the thing into the ground (or at least for another 3-4 years); you'll get far more value from the car that way compared with shopping for a newer car. Plus, a Corolla that's in decent mechanical and cosmetic condition is always going to be worth at least $2000-$3000, so you might as well just keep on driving, and keep on maintaining it.
 
By the way, I wouldn't get into a 1999-2004 Honda Odyssey; those cars had extremely well documented transmission problems of their own, although in many (not all) cases Honda paid for the replacements. So by waiting another 2-3 years, you could probably get into a 2007-2008 Odyssey, which have a newer transmission design that's more durable (or so I've been told).
#426 of 536
Re: Dead Transmission [jchan2] by boomchek
Oct 23, 2008 (7:18 pm)
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Replying to: jchan2 (Oct 23, 2008 5:39 pm)

jchan is right about the Odysseys. We had a few come in occasionally with bad trannies when I worked at Honda.
 
However if you're shopping for the new gen Odyssey, I'd avoid the 2005 as well as it was the first model year of the redesign. Go for an 06 or 07. Who knows what the market will do in 2-3 years, you might be finding some deals out there then as the 07 Odysseys will be 5 years old by then.
#427 of 536
Re: Dead Transmission [bastimret] by Mr_Shiftright HOST
Oct 23, 2008 (7:52 pm)
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Replying to: bastimret (Oct 23, 2008 5:01 pm)

But you're not getting $3K from the dealer...he's just going to tack on more to your new car's price. He's certainly not going to give you $3K in real money for a car in pieces. Beware of deals like this.
#428 of 536
Re: Dead Transmission [Mr_Shiftright] by bastimret
Oct 24, 2008 (6:20 am)
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Replying to: Mr_Shiftright (Oct 23, 2008 7:52 pm)

Good Point. That was just when I was fishing for some $$ figures and was based on dealer financing, so I'm sure they had that worked in. Looking at the used cars however, I'd be getting my financing done independently and would go to the dealership with a check, so you are correct, I really don't know what they'd offer for my non-running car.
 
As for the Odyssees,I had heard about the tranny issues, and was looking strictly at the current gen, 06-07. Found a certified 06 EX-L w/RES in good shape for $21k at a local dealer. But after playing phone tag with the guy the past two days, I told him I had decided to get my car fixed instead.
#429 of 536
another vote by qbrozen
Oct 24, 2008 (7:10 am)
Reply
Fix it!
 
It makes no sense at all to PAY $3400 for someone to take the car off your hands when you can pay $2500 and KEEP the car.
 
Hell, you could probably repair it for $2500 and sell it for $6k. That puts you out $2900 instead of $3400. Not that I recommend this, mind you, I'm just pointing out that trading it 'as is' is probably the worst move out of all your options.
#430 of 536
Re: another vote [qbrozen] by Mr_Shiftright HOST
Oct 24, 2008 (7:43 am)
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Replying to: qbrozen (Oct 24, 2008 7:10 am)

I'd put in a used tranny and new clutch and be out the door for $1,500 I bet.
#431 of 536
Re: another vote [Mr_Shiftright] by qbrozen
Oct 24, 2008 (8:45 am)
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Replying to: Mr_Shiftright (Oct 24, 2008 7:43 am)

If I was going to turn around and sell it, yes. I agree.
But if I'm keeping it, because it seems to be a somewhat common problem, I wouldn't want a used trans.
#432 of 536
Re: another vote [qbrozen] by Mr_Shiftright HOST
Oct 24, 2008 (9:30 am)
Reply

Replying to: qbrozen (Oct 24, 2008 8:45 am)

Well you could pop open the used trans and have a look at it.
#433 of 536
And... by jchan2
Oct 24, 2008 (6:49 pm)
Reply
When you do buy a van in 2-3 years, you can always keep the Corolla as a backup or beater car; it's always nice to have a backup sitting around just in case things happen. (assuming this backup car is paid for)
#434 of 536
Re: Dead Transmission [bastimret] by srs_49
Oct 29, 2008 (3:44 am)
Reply

Replying to: bastimret (Oct 23, 2008 1:49 pm)

I vote for fixing or replacing the transmission, then driving the car into the ground. 123K miles is just approaching middle age for a Corolla - it should give you another 50K miles of useful life, at least.
 
I'm puzzled though that the dealer says the whole tranny is shot. Like other have said, s*** happens. But, I've driven manuals all my life and have never rebuilt, replaced, or otherwise repaired a manual transmission on any of my cars (these include a '69 Camaro Z-28, '73 Fiat 128, '74 Datsun 260-Z, '82 Mazda 626, '92 Sentra SE-R, and an '87 BMW 325). Have done a clutch (just one), but that's it. Oh yeah, my son had to replace the clutch in his (bought used) '94 Merc Tracer, but that was at the 150,000 mile mark or so.

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