Fix or Sell? Opinions? - Drive Accord Honda Forums
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post #1 of 25 Old 04-17-2017, 02:57 AM Thread Starter
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Fix or Sell? Opinions?

My daughter's 04 EX I4 sedan is in need of several items, and I'm debating whether or not to fix it and keep it or just throw the For Sale sign on it. The good: 118,000 original miles (I bought it new), all service records and maintenance done on time. The bad: A/C is out - quoted $1000 at the dealership to replace compressor, or $700 at the indy Honda specialist in my area. Power window switch on the driver's side is wonky - it works only when it wants to. The rust is getting considerably worse on the RR fender. Back bumper cover needs replaced since her boyfriend backed into a Jeep and put a nice rip in it (he said he'd pay for it). It's due for brake fluid chance, a serpentine belt, and a hell of a good cleaning after spending the winter parked on a college campus. KBB says that it's worth $2700-$3900. Repairs will sent me back $2500. I just don't know if I want to invest that kind of cash into it. Opinions?


'13 Accord EX-L V6 coupe w/navi, 58K (my daily ride)
'14 Sonata GLS, 23K (wife's grocery getter)
'14 Kia Forte LX, 56K (kid's car at college)
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post #2 of 25 Old 04-17-2017, 03:12 AM
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There are a couple more factors to weigh in here:

-If you do sell, what will be replacing the Accord?
-What would be the cost of ownership of the next car?
-Will the next car be new or used?
-Are the costs of ownership of the Accord well exceeding the amount of buying new or CPO(Certified Pre-Owned)?

It seems like a large sum to dish out, but I would start with the more important repairs. You've owned this car from its entire life, so you know how it was maintained. Unless you buy new, you will not know exactly how a car was treated before it falls in your hands.

Once you weigh all these factors in, I'd say you will be able to know what's best for your situation.

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post #3 of 25 Old 04-17-2017, 03:33 AM Thread Starter
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The child is looking at either a later model Hyundai Elantra or a Chevy Cruze. Something <$10K, since I'm helping pay for it. I keep weighing the idea of buying someone else's problems and suddenly making them mine. I'm not in a position to buy her something new, and what you can buy CPO or new for <$15K isn't exactly appealing.

'13 Accord EX-L V6 coupe w/navi, 58K (my daily ride)
'14 Sonata GLS, 23K (wife's grocery getter)
'14 Kia Forte LX, 56K (kid's car at college)
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post #4 of 25 Old 04-17-2017, 04:00 AM
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Thought about a new or slightly used Honda Fit? Right around your price range. Fun to drive. Amazing practicality. Inexpensive to own/operate. And it's a Honda.
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post #5 of 25 Old 04-17-2017, 04:02 AM
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Personally I'd just fix up what I have. I echo HAccord1496, you know this car already. Buying a "new" used one will be more expensive, any way you look at it, unless you can find something for $2500 that doesn't need any repairs at all...
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post #6 of 25 Old 04-17-2017, 04:12 AM
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KBB doesn't mean much. I would check a dealer and see what they would offer for the trade. $2500 is a lot to be putting into a 13 year old car that I assume has spent a lot of its time in winters exposed to salt. Brake lines are going to go sooner or later and those will price you out. The car is now past its service life even though it has low mileage but low mileage will not overcome the elements. If you were in Arizona, it would be a different story. I have been through this several times now and with a low mileage car that was just rusting too badly in the 14 year range.

Or, perhaps just forget the AC and it's a whole new game especially if your daughter is not finished with college. Maybe just make it last until college is over and start new.

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post #7 of 25 Old 04-17-2017, 05:32 AM
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Is DYI out of the picture? You could solve several of those things (at least some or partially) by yourself.

It's difficult to say for us; if the car is basically a rustbucket and it's a matter of time when other major things start failing then yeah... but I opted to recently settle with my insurance for a car totaled based on hail damage and will be keeping it because the car is mechanically sound and I'll deal with appearance by visiting junkyards and learning how to do PDR.

Based on YouTube, even compressor replacement could be mostly DIY (after refrigerant is evacuated, which your indy guy can do and then recharge it).

The thing is what to get after; I considered getting something like a Sentra or something for my son instead of keeping the Accord but seems like those cars develop transmission failure quite often. That's the problem - you never know what you get or why it was traded / sold.

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post #8 of 25 Old 04-17-2017, 06:08 AM
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adding to HAccord1496 list of questions.

-How long do you plan on keeping the car if you spend $2500, assuming no other major repairs?
-Would the new used car also be kept for 118,000 or 13 years, subtracting the its current mileage/years?

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post #9 of 25 Old 04-17-2017, 06:57 AM
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Fix what you have too, take the money to fix the bumper cover & apply it somewhere else if you want to. Its a college beater car, it may see worse before she finishes school. Maybe go without the AC until you can find a cheap alternative. I go through the same dilemma with my 04 EX, now my car needs another cat. When you get into a certain price range in used cars you can expect some repairs. Your daughter doesn't need any kind of car payment now. I also have the rust on the left (drivers side) quarter pannel & live in the salt belt. Frequent under body washes @ the car wash seems to help keep the rust at bay.
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post #10 of 25 Old 04-17-2017, 06:59 AM
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Don't Buy Hyundai

No disrespect, but I wouldn't ask a dealer what the car is worth outright or trade. They manipulate those numbers and will be on you like a dirty shirt. You can expect to spend money on a car, even a Honda, when it gets over 100k miles. I'd keep it. Rust is the only thing that would bother me but fixing that, if at all, can be way down the road.
I will say DON'T buy a Hyundai!! My daughter bought hers new 6 months ago and it's already got a new engine, the dealer damaged a CV axle installing the engine. Horror story.

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post #11 of 25 Old 04-17-2017, 08:21 AM
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Quote:
Originally Posted by chriso View Post
The child is looking at either a later model Hyundai Elantra or a Chevy Cruze. Something <$10K, since I'm helping pay for it. I keep weighing the idea of buying someone else's problems and suddenly making them mine. I'm not in a position to buy her something new, and what you can buy CPO or new for <$15K isn't exactly appealing.
You've gotten some good advice by other members on this thread, but one of the first things you stated is the most obvious thing that people forget....that is, that a vehicle that you're going to find for under 10 grand will be vehicle you have no real record of, might have at least two previous owners...and will most likely be a higher mileage vehicle, also!

So, let's look at it like this: at least you know, say if you put in another $1500. or so( I'd personally just forget about the exterior damage at this point...trust me, she' ll never take care of it the way you did, anyway!) that it is a fairly solid, one owner, well maintained vehicle that should last her a few years, if she does the maintenance.
Do you think you'll likely find that in a used car under $10k?? I would say...no.

Keep in mind: the things you mention are not big dollars items, really...I could see if it needed a new transmission or all new struts or something of that nature.
But really, issues like doors switches, and maintenance items like brake fluid changes, serpentine belts...are relatively easy fixes by a qualified tech.

And, as someone else said, it's a "college beater" anyway.
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post #12 of 25 Old 04-17-2017, 10:19 AM
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And, as someone else said, it's a "college beater" anyway.
*Sigh.... my daughter is using mine as a college beater. Although, I drummed it into her to check fluids so much, she does it in her sleep.

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post #13 of 25 Old 04-17-2017, 12:12 PM
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If you decide to sell contact stiller fan, he is looking to buy another beater, doesn't mind simple repairs. Lives fairly close & your daughter can be driving a Buick.
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post #14 of 25 Old 04-17-2017, 03:45 PM
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If you decide to sell contact stiller fan, he is looking to buy another beater, doesn't mind simple repairs. .
He wouldn't have to repair a thing. The car is stone cold reliable and "beater" is the furthest thing from it, even with 200K approaching. Then again, my Dodge truck has 273K and it very reliable too. It is all about how you take care of a vehicle. Anything made in the last 20 years can be made reliable.

I have four simple steps. I do them doggedly, no matter if the fluids are always at the perfect level.

1. Use full synthetic and check engine oil every 2 weeks. Change it every 7.5K
2. Check coolant every 2 weeks.
3. Drain and fill ATF every 20-25K.
4. Everything else ...PS, brake bleeds, etc., can be done every 3-4 years.

And finally, IF IT AIN'T BROKE, DONT TRY TO FIX! Don't molest your car. Leave it alone and let it do it's job.
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post #15 of 25 Old 04-18-2017, 02:45 PM Thread Starter
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Ok, the verdict has been rendered. The Accord will be going up for sale in the next month. Ad with pics will be posted as soon as my daughter returns from college.

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