Anyone following the chat thread knows what this is all about. Long story short:
My DD car died on Monday. New head gasket needed but no warpage on the head. Some mechanic in CT replaced the head gasket and a few other misc parts and i picked it up today. $2,000
It's a 2000 BMW 328i in good shape with 125K miles. Book value is about $7500. I'd likely get about $6K selling it.
I had the head gasket fixed. As I'm picking it up the guy says I likely need new hoses, radiator, water pump, and a fan clutch. This is after I said all I wanted to spend was $2K or I'd junk it. he said he wasn't sure if it needed these things but he said I should fix them. he was kind of a lunatic.
Do I:
A: Keep sinking $$ into it and keep it with the hopes it won't die or have another big repair
B: Sell it on eBay and hope to break even but risk selling someone a potential lemon
C: Pay off the loan, don't fix it and send it to the auto auction at a loss.
Been obsessing over it for days with no answer. Worried that even if it's fixed, it will never run the same again. Felt a bit sluggish today and the mechanic called to see if I made it home. Not a good sign. I haev no idea who the guy is that fixed it and it was a good sized job.
Any input, ideas, viewpoints??
My DD car died on Monday. New head gasket needed but no warpage on the head. Some mechanic in CT replaced the head gasket and a few other misc parts and i picked it up today. $2,000
It's a 2000 BMW 328i in good shape with 125K miles. Book value is about $7500. I'd likely get about $6K selling it.
I had the head gasket fixed. As I'm picking it up the guy says I likely need new hoses, radiator, water pump, and a fan clutch. This is after I said all I wanted to spend was $2K or I'd junk it. he said he wasn't sure if it needed these things but he said I should fix them. he was kind of a lunatic.
Do I:
A: Keep sinking $$ into it and keep it with the hopes it won't die or have another big repair
B: Sell it on eBay and hope to break even but risk selling someone a potential lemon
C: Pay off the loan, don't fix it and send it to the auto auction at a loss.
Been obsessing over it for days with no answer. Worried that even if it's fixed, it will never run the same again. Felt a bit sluggish today and the mechanic called to see if I made it home. Not a good sign. I haev no idea who the guy is that fixed it and it was a good sized job.
Any input, ideas, viewpoints??