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Got a Quick Question for a Car Dealer?

2394 messages,  Last post on Nov 03, 2009 at 11:03 AM

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What is this discussion about? Car Buying, Car Selling


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#587 of 2394
Re: Quick Question [boomchek] by the_big_al
Jan 10, 2009 (4:42 pm)
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Replying to: boomchek (Jan 10, 2009 10:51 am)

With today's cars, meaning anything less than about 5 years old, I would wonder what happened to that motor to cause to have to be rebuilt at 80K and if it was abuse that cause it need to be rebuilt. Most any vehicle will go well past 100K with out a major rebuild on the motor and so if the motor needed to be rebuilt, what else was neglected that will also need attention??
#588 of 2394
Re: Quick Question [the_big_al] by grandtotal
Jan 11, 2009 (6:42 am)
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Replying to: the_big_al (Jan 10, 2009 4:42 pm)

There could be a good reason e.g. timing belt failure or something similar. Stuff happens, but I think I'd still be wary.
#589 of 2394
Re: Quick Question [grandtotal] by snakeweasel
Jan 11, 2009 (6:55 am)
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Replying to: grandtotal (Jan 11, 2009 6:42 am)

There could be a good reason e.g. timing belt failure or something similar.
 
With an engine that has 80K on it what are the odds that it was something like that over neglect or abuse? I would suspect that for every one that was caused by a bad timing belt or something similar there are a multitude that was caused by never changing the oil or something similar.
 
That being said I agree that I would shy away from the rebuilt simply because at 80K miles there should be no reason for a rebuild.
#590 of 2394
Re: Quick Question [snakeweasel] by Mr_Shiftright HOST
Jan 11, 2009 (8:46 am)
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Replying to: snakeweasel (Jan 11, 2009 6:55 am)

"Rebuilt" is a term that is abused about as much as "No, I REALLY do love you".
 
I'd hazard a guess that about 90% of all engines advertised as "rebuilt" are not in fact 'rebuilt" at all.
 
REBUILT should mean that every part of that engine has been re-machined, or replaced, to meet exact factory specs.
 
OVERHAULED means that the bad parts were replaced and the still good parts left alone. For example, new valves, rings and bearing, but crankshaft and camshaft remain the same, untouched, as do cylinder walls, oil pump, etc.
 
REPAIRED or UPPER END WORK is when you throw a timing belt and so they level the cylinder head, insert new valves and guides, put on a gasket and a new belt and change the oil. That is certainly not "rebuilt".
 
It costs at least $5,000 to rebuild and install an engine in a modern car, if you do everything you are supposed to and take care of the 'as long as you're in there' parts as well....new belts,hoses, clutch, water pump, radiator, blah blah.
 
I can't tell you how many times I see a car with a "rebuilt engine", and ask to see the receipts for it, only to find a repair order that says, in one line
 
"remove engine, rebuild, re-install same"
 
Tells me nothing. Sometimes the cost of the work is a hint but still no details. That is a shabby shop if you ask me.
 
So what is this "rebuilt" engine. There is a vast difference between a factory long block installed by a dealer and some vague "rebuild engine" repair order from a Conoco station.
 
#591 of 2394
Re: Quick Question [Mr_Shiftright] by oregonboy
Jan 11, 2009 (10:45 am)
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Replying to: Mr_Shiftright (Jan 11, 2009 8:46 am)

Excellent, although I would think that your 90% guess is still too low. Very few cars are valuable enough to justify a true engine rebuild.
 
"New engine" is another phrase that, (to a lesser extent), is sometimes used rather loosely. It often translates to: "newer used engine with undocumented mileage and maintenance history".
#592 of 2394
Re: Quick Question [oregonboy] by Mr_Shiftright HOST
Jan 11, 2009 (11:43 am)
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Replying to: oregonboy (Jan 11, 2009 10:45 am)

My rule of thumb is this:
 
If the "rebuilt" engine does not have a detailed repair order that goes with it, just disregard it as anything of substantial worth in a used car.
 
If there's a $6,000 --$10,000 bill from the dealer for a factory short block or long block (crate engine) ---well, that's impressive. Or a $20,000 bill for a Mercedes or a $60,000 bill for a Ferrari.
#593 of 2394
Pricing for used vehicles in Canada (TMV like)? by cdn_tch
Jan 19, 2009 (9:00 pm)
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Is there anything comparable to TMV for Canadian buyers for used vehicles?
 
Can I use Canadian Black Book values + some percentage to get what would be a fair number at a dealership?
 
Thanks
#594 of 2394
Re: Pricing for used vehicles in Canada (TMV like)? [cdn_tch] by boomchek
Jan 20, 2009 (10:44 am)
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Replying to: cdn_tch (Jan 19, 2009 9:00 pm)

I don't think there is anything comparable in Canada such as True Market Value figures.
 
You cna use black book,, but you mightbe way off on numbers because we dealers use it as a guide.
 
Are you selling, buying, or trading a car in?
#595 of 2394
Re: Pricing for used vehicles in Canada (TMV like)? [boomchek] by cdn_tch
Jan 20, 2009 (10:53 am)
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Replying to: boomchek (Jan 20, 2009 10:44 am)

I'm looking at buying, but the prices on dealer websites and Auto Trader are all over the map for what appear to be similar vehicles. That is why I am trying to get a 3rd party type of pricing to give me an idea of what is real and what is overly optimistic pricing.
#596 of 2394
Re: Pricing for used vehicles in Canada (TMV like)? [cdn_tch] by Mr_Shiftright HOST
Jan 20, 2009 (11:08 am)
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Replying to: cdn_tch (Jan 20, 2009 10:53 am)

Autotrader prices shouldn't be all over the map if you are carefully reading the ads for trim level, options, mileage and geographical location.
 
One thing you can do is "advanced search" in autotrader, whereby you narrow down the cars you are looking at in terms of say mileage limits for one thing, or automatic vs. manual shift. You can also enter "keywords" into advanced search.
 
Then, once you hit "search" and get say 15 cars nationwide with under 100,000 miles with automatic transmission and trimmed in the LS or EXT or whatever level, --- if you then look at the bottom of the page you'll see a High, Low and AVERAGE price for all the cars you've been shown.
 
This average price is, IMO, very close to market value---once you have the average price, just deduct another 5-10% since these are asking prices.

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