Repair Car Before Selling?
November 5, 2007 11:15 PM Subscribe
I am looking to sell my 2003 Toyota Echo. It's in great condition except the rear bumper. I am wondering if I should have the bumper repaired before selling it.
posted by mto to Travel & Transportation (10 answers total) 1 user marked this as a favorite
The lowest estimate I got for getting the bumper fixed was $480 (insurance won't cover it). I'm looking to sell the car for between $9000 and $9500, which is what I see cars of my type selling for online and in ads.
So, should I get this repair done? It basically comes down to whether or not I think I can get my money back in the sale. However, I've never sold a car before so I'm not sure how to make that judgement. Some people have told me to sell the car at a higher price and let the bumper be a negotiating point in letting them "talk me down" on my inflated price. However, that sounds sketchy.
Some extra detail: I will be selling the car myself, but I still have a loan on it. The loan amount is much less than what I know I'll get for the car, even without the repairs. So that is not a concern for me. Also, I live in San Francisco, if that makes a difference at all.