How to at least break even on my broken car?
August 29, 2012 1:52 PM Subscribe
How do I sell a non-working car and potentially purchase another as economically as possible?
posted by JackT to Work & Money (14 answers total)
Basically, I have a 2002 Grand Am which died on the highway and likely needs a timing belt. That, in combination with a few other little things it would need to be in great shape, leads me to think about trying to sell it.
I've looked at the instructions for trying to replace the timing belt, which seems somewhat outside my skillset and potentially dangerous. I might attempt it if I was the only driver, but it's actually my wife's car and I would rather not use it as a learning experience when I likely won't be driving it to see how the repair went.
I've seen sites that claim to purchase junkers, but what are my options for actually getting something worthwhile out of it? I'd prefer cash, but have thought about donating it as well. I'm not really ready to purchase a new car, but I suppose trading it in may be an option as well.
And of course if you would have asked me yesterday I would have said I had $0 to spend on a car, so I am looking for as cheap an option as possible. My wife and I can certainly ride-share for a bit, but our schedules aren't currently all that similar, so I'd like to at least think about keeping our 2 car habits.