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What to do with an old Sienna?

4 messages,  Last post on Jul 26, 2012 at 10:29 AM

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What is this discussion about? Toyota Sienna, Car Selling, Van

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#1 of 4 What to do with an old Sienna? by jimmibondi

Nov 18, 2011 (11:30 am)

Our 2000 Sienna with 180K miles is turning 12 this month. Although not the most exciting vehicle, it has definitely been our most reliable in our 25 years of driving. Our kids are still in school, so we can use another mininvan. But this time we have decided to settle for the Prius V for the much better fuel economy.
 
What would be the best financial option to dispose this van? Although the engine and transmission are in great shape, the check engine light has recently turned on. We also had a mini-accident recently, in which the plastic part with the Toyota emblem under the hood cracked. Fixing the plastic part will cost us our $500 insurance deductible. The check engine light, probably another $200-500.
 
The possibilities are:
* Fix the problems and trade-in during new car purchase.
* Do not fix the problems and trade-in.
* Fix the problems and sell to private buyer.
* Do not fix and donate to charity.

#2 of 4 Re: What to do with an old Sienna? [jimmibondi] by mimi140140

Jul 20, 2012 (11:12 am)

Replying to: jimmibondi (Nov 18, 2011 11:30 am)
Hey i gave www.unitedcarexchange.com a try. They sold my car within a month.

#3 of 4 Re: What to do with an old Sienna? [jimmibondi] by ateixeira

Jul 24, 2012 (11:35 am)

Replying to: jimmibondi (Nov 18, 2011 11:30 am)
Fix and sell privately will get you the most $$$, but it's also the most work.
 
If you're not up to that sell it as is but be sure to disclose whatever issues it has.

#4 of 4 Re: What to do with an old Sienna? [jimmibondi] by victor23

Jul 26, 2012 (10:29 am)

Replying to: jimmibondi (Nov 18, 2011 11:30 am)
Your van value, according to this site, would be between about $3500 (repaired, private party) and $1600 (no repairs, trade-in). Not a huge money, anyway. The difference is about $1k factoring in the cost of repairs. Well, if you can afford considering Prius or outright donation, I assume money is not a prime concern. I would save the hassle, do not fix anything, and trade it in.
 
If you opt to sell to a private party, yes, be honest and list all the problems. If you opt to trade in, don't fix anything (in real life, it wouldn't change your trade-in appraisal) and don't say the dealer either.

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