Selling a 2001 Toyota Corolla that needs a new transmission?

Asked by Apr 20, 2016 at 07:03 PM about the 2001 Toyota Corolla

Question type: Shopping & Pricing

I'm not an expert on this, but from what I understand the seal by the axle is no good,
and a new seal won't do. It leaks a lot of transmission fluid. Also, it started smoking
white smoke from under the engine (haven't gotten it checked out). It's got around
180,000 miles on it. I've bought a new car and its sitting in the street. I am interested
in selling it, but would have to get a smog check on it first because I live in CA. Is it
even worth the trouble of selling it? Could I get maybe $500 or something for its
parts? The KBB for it is around $2,000, but the new owner installing a new
transmission would probably cost them more than that. What is the best way to go
about getting this Corolla off of my hands?

1 Answer

261,475

Sell it to someone 'as is' for $500.

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