How much could I get out of my 2005 Toyota Corolla that needs a new engine?
I let a friend use my car and supposedly it ran out of oil and blew a rod, so
now I need to replace the engine, but instead I would like to just sell it as is
and was wondering how much I could I get out of it? I'm the only owner of
the car with no accidents. It does have a paint job issue which Toyota is
responsible for , but will not honor it (it can be validated online). Everything
on it right now is brand new (alternator, serpent belt, timing belt, battery
and starter. Not sure if that even matters now that its dead. But I would like
to get an honest opinion on what I could possibly get out of it as is?
You won't get much, worth about $5K if you sold it outright with a working engine. Most buyers won't buy a car without an engine, they need to drive it to see if they like it. But if someone was interested in fixing it up, IMO maybe you would get $1K for it? Your best bet is to get it fixed, drive it for awhile and then sell it. Find a used motor for example.
I agree with Tom, getting a used engine from the wrecking yard will be the best choice
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