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Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Need opinions about my car
4 yrs ago I made a horrible decision to purchase a 2002 Chrysler Sebring convertible. Well, the car is a big piece of junk. 1) The top is noisy and it does leak when it rains 2) I cannot get the trunk to go up (the hydraulics are broken 3) It leaks oil and tranmission fluid (est. cost to fix-$2000) 4) Gas guzzler-17mpg 5) The transmission has recently started to really go out and it will not go in gear when the car starts and shifts down with a jerk when I break 6) The steering column has started to go also-cruise control, horn and air bag are all broken.
We have not finished paying off the car yet and owe 4600 on the car. What are your opinions about trading it in before it is paid off and getting an economical Honda or something?
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Re: Need opinions about my car
Okay, generally I don't recommend getting rid of a car that you still owe money on. How many miles are on the car?
I would check kelly blue book to see what the trade in value on it is. If you can break even on a trade, do it just to get rid of the car quick! If you can't break even, try to sell it "as is" but I would be reluctant to sink more money into it if you know you'd rather have something else.
While I'm paying a little more a month than I normally would because I was upside down, I now have a car under warranty that is reliable and efficient. Don't throw good money after bad. Get rid of it now before you spend more money on fixing it.
Good luck!
Would they take a trade-in with so many problems? Regardless of that, I would still try to get rid of it and get something more reliable before the problems get even worse.
I agree on getting something like a Honda - they are fuel efficient (DH has a 44 mpg CRX) and you can run those things into the ground. And even if something breaks, they are pretty cheap to fix or find parts for. Since you are probably going to lose a bunch of $$ n the Sebring, I would probably go for a slightly older Honda - safe and reliable but something you're not going to be owing much on.
My aunt had one and someone slammed their brakes in front of her. As a result, she barely bumped that car's bummer-as in no dings or anything on either car. HOWEVER, when she and the other driver were checking both cars, the other driver looked up and said "your car's on fire!!" moments later the front end combusted. To this day we're not sure what happened, but just the same I'd be VERY sketchy about holding onto that car-especially if you're already having issues with it.
1. Trade-In: Most dealerships will take it, even with all of the problems. Remember, it doesn't cost them as much to fix as it costs you. Plus, if the problems are vehicle defects, not driver inflicted issues, a dealer may be able to work out a deal with Chrysler.
2. For Sale By Owner: By selling the car "as is," you're necessarily not pawning it off on some unsuspecting buyer. I would never suggest doing that. Tell prospective buyers what the problems are. There are many automotively-inclined people out there who buy problematic cars because they can get them cheap, fix them (or use the parts) and make money.
I hope this helps!