Seeking motoring minded advice in Canberra?

By 9 November, 2012 18

Greetings,

I’m looking for some advice for selling or trading a white, 2005, Subaru Liberty, 2.5L engine, Manual. Needs an engine rebuild and new front end. The owner is uninsured and can’t afford to repair it himself but doesn’t think he can sell the vehicle as is either.

I feel he should be able to get something for it or at least sell it for parts perhaps? Apart from just advertising online to sell it can anyone offer any advice on how best to possibly recoup some money from what is a well maintained vehicle, apart from the damage.

thanks,

Mattenagger

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18 Responses to Seeking motoring minded advice in Canberra?
#1
Leon6:02 pm, 09 Nov 12

The car would be valuable for parts, or to someone who doesn’t have the money to pay someone else to repair it, but has the enthusiasm to fix it themselves.

If it’s priced right, it would apeal to someone who is prepared to pay for the repairs.

If the car is driveable, you could try sellling it at a car fair – see http://the-riotact.com/car-fairs-in-canberra/69717

There’s also some useful advie on selling cars at http://the-riotact.com/selling-a-car-in-canberra/22012.

Another alterative would be to sell it to an auto wrecker. That will be better than letting it slowly decay in your yard,

#2
bundah6:20 pm, 09 Nov 12

Given that one could get somewhere between $13000-15000 in gd cond it certainly would be to his advantage if he could obtain a short term loan to pay for the repairs It’s hard to say what he would get for it without knowing the extent of the front end problems but i’d say he’d be lucky to get 4-5k

#3
Very Busy8:43 pm, 09 Nov 12

It is a little hard to give a firm opinion without a little bit more info. Is the owner mechanically minded or have any basic repair skills? What is the extent of the front end damage? Is the car on the write off register?

The used car market is very very flat at the moment due to the prices of new cars coming down so much with the high Aussie dollar. Even Red Book valuations are probably more optimistic than the true value with most used cars.

It is most likely that it will be uneconomic to attempt to repair the car. Once repaired, and with its less than favourable history you would be lucky to get $9,000 for it, very lucky!!! Depending on the damage and quality of a new motor/rebuild, you would probably spend at least $7,000 to get it back on the road.

If it was me, I would dismantle the wreck in an organised manner, catalogue ALL the parts, even down to individual clips, wiring harnesses, bits of trim etc, and flog them all on Ebay. That is what the wreckers would do after they pay you a few hundred dollars for it.

#4
KB19717:20 am, 10 Nov 12

Do you have any more details on the damage? Engine is easy

I might be interested.

How many km?

#5
wildturkeycanoe7:51 am, 10 Nov 12

Engine rebuild looks to be around $5000 plus and that model goes from $9500 to $14000 on the web, so if they could sell it as is for $4500 it’d be an easier way out. If it also has panel damage, then it sounds like scrapping it for parts is the only option that’s worthwhile. Mind you, that’d be a long process and mnay trips to the post office.
.

#6
kea8:07 am, 10 Nov 12

I just test drove a white liberty automatic 2000 model yesterday.. private sale, advertised for $2500.. inquired into buying/fixing etc and what a nightmare it turned out to be.. such a shame too cos I really had my heart set on it, but the mechanic said unless they were selling it for $50 it’s not really worth my while.. it was just a juggling act of can’t get it road worthied til it’s repaired, can’t repair it til I’d sold my current car, but can’t sell my car til the other one is back on the road as repairs would take a week and quoted as $2300..

#7
kea8:08 am, 10 Nov 12

oh, might have been worth it if they actually sold it to me for $50 lol but they were not willing to do that..

#8
Mattenagger11:44 am, 10 Nov 12

KB1971 said :

Do you have any more details on the damage? Engine is easy

I might be interested.

How many km?

It has 145,000kms. I don’t have any more info on the front end damage at the moment but will hopefully have more soon. It’s currently at David Hand Smash Repairs in Fyshwick but should be home in Wanniassa soon if you want to have a look at it. I’d be happy to arrange to get some pictures of it aswell. The owner lives in Sydney which is why I’m assisting with this so if you’re still interested I can put you in touch with him directly.

#9
Masquara12:21 pm, 10 Nov 12

wildturkeycanoe said :

Engine rebuild looks to be around $5000 plus and that model goes from $9500 to $14000 on the web, so if they could sell it as is for $4500 it’d be an easier way out. If it also has panel damage, then it sounds like scrapping it for parts is the only option that’s worthwhile. Mind you, that’d be a long process and mnay trips to the post office.
.

My 2005 subaru in perfect cond with 80,000km on the clock was only offered $8000 tradein this year at a dealer … so I think $4500 for scrap would be unlikely.

#10
poetix1:49 pm, 10 Nov 12

Masquara said :

wildturkeycanoe said :

Engine rebuild looks to be around $5000 plus and that model goes from $9500 to $14000 on the web, so if they could sell it as is for $4500 it’d be an easier way out. If it also has panel damage, then it sounds like scrapping it for parts is the only option that’s worthwhile. Mind you, that’d be a long process and mnay trips to the post office.
.

My 2005 subaru in perfect cond with 80,000km on the clock was only offered $8000 tradein this year at a dealer … so I think $4500 for scrap would be unlikely.

Strange. If, on the basis of the (probably totally inaccurate) view I have formed of you from your comments on RA, someone had asked me what car Masquara drives, I would have said Subaru. I associate them with people driving quite fast to the snow. (Not meant as a nasty; one of my best friends does that all the time. In winter, that is.)

Did you buy a new Subaru? Please say yes.

#11
Masquara2:24 pm, 10 Nov 12

poetix said :

Masquara said :

wildturkeycanoe said :

Engine rebuild looks to be around $5000 plus and that model goes from $9500 to $14000 on the web, so if they could sell it as is for $4500 it’d be an easier way out. If it also has panel damage, then it sounds like scrapping it for parts is the only option that’s worthwhile. Mind you, that’d be a long process and mnay trips to the post office.
.

My 2005 subaru in perfect cond with 80,000km on the clock was only offered $8000 tradein this year at a dealer … so I think $4500 for scrap would be unlikely.

Strange. If, on the basis of the (probably totally inaccurate) view I have formed of you from your comments on RA, someone had asked me what car Masquara drives, I would have said Subaru. I associate them with people driving quite fast to the snow. (Not meant as a nasty; one of my best friends does that all the time. In winter, that is.)

Did you buy a new Subaru? Please say yes.

Yes, and the one before … : )

#12
Sandman8:03 pm, 10 Nov 12

Yep, sorry to say its worth squat. Even selling it for parts isn’t going to net you much. Anyone interested in doing that is going to have to take the time to disassemble, store and sell the parts which means it takes them a long time to recoup their costs in purchasing it from you. This is why parts cars are worth bugger all. The new write off laws in NSW have ensured that wreckers aren’t exactly struggling for suitable stock either. For an example of what a non perfect car is worth at the moment, I was asked to come and take away (at no cost) a 100,000km old sports sedan with a gearbox electrical gremlin. Car was over $60k new and still drives, but the owners were quoted an exorbitant amount to replace the gearbox and instead just wanted their garage space back.

Financially, your friend is probably best off buying a rear damaged vehicle with a good motor and raiding it for parts. Rebuilding motors is a waste of money. Costs can shoot up quickly as you find more things wrong and if you skimp then it won’t last. A good secondhand motor costs a lot less and requires a fraction of the labour costs of a rebuild. Obviously, outlay of cash is his problem but there really is no way to get a decent amount back with the car in the condition it’s in.

#13
CoffinRX210:07 pm, 10 Nov 12

Can you please find out if it is on the WOVR (Wrtten off Vehicle Register) or not, if uninsured I would probably say its not.

Can you please send more info and pictures to damien@racingready.com.au .. I may know some ppl who could be interested

#14
milkman7:42 am, 11 Nov 12

A 7 year old car with damage like this is worth hundreds of dollars, not thousands of dollars.

Why would someone drive uninsured????

#15
Mattenagger1:45 pm, 12 Nov 12

Update:

I have now have pics of the vehicle. Have been told the engine failed a compression test but for someone to fix it themselves, parts would cost approx $1500. It is not on the WOVR.
Quote for other front end damage is approx $6K.

Damien I’ll email you the pics now.

If anyone else is interested let me know.

#16
shirty_bear2:52 pm, 12 Nov 12

Mattenagger said :

Quote for other front end damage is approx $6K.

Tell the panelbetaer it’s a cash job, not insurance? Coz that usually halves the price.

And no mention of whether the fog lights still work – these seem to be the most critical piece of kit to the average Subi driver :-\

#17
wildturkeycanoe4:47 pm, 12 Nov 12

If your friend is not mechanically minded, it looks like $6k panels, $5k motor = might as well buy another car and let this one go to scrap/spare parts. Unfortunately, the best spare parts have been trashed so it really isn’t worth much at all.
+1 on the no insurance thing, I hope it wasn’t financed, that would suck – paying for something you don’t have.

#18
gazket5:02 pm, 12 Nov 12

If it’s smashed front and damage to the engine thru an accident the car is junk. really what would be left to sell as parts a rear bumper and tail lights. The car is a write off.

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