I have a 2004 Cadillac CTS with 161000 miles on it. The repair issues (computer malfunction and catalytic converter failure) will be around $3000 to repair. I just bought a new car and was going to sell this Cadillac to a friend for $2500 but the repairs are more than its worth to sell. Should I scrap it? Fix it and lose money? Any advice?

Asked by Sarah Mar 02, 2016 at 06:44 PM about the 2004 Cadillac CTS Base

Question type: Maintenance & Repair

I have a 2004 Cadillac CTS with 161000 miles on it. The repair issues (computer malfunction and catalytic converter failure) cost $3000 to repair in total and I was going to sell the car to a friend for $2500 (around what its worth now). Since the repair fees are more than its worth should I just scrap the car or fix it and lose money? Any advice? (I recently bought a new car so I don't need this one and my friend does).

4,955

- Report

taver91 answered about a year ago

If the person you planned to sell it to is a real friend, ask him what he would like to do. This failure could have happened to him 5 minutes after you signed the paperwork. Maybe he would be willing to share the cost with you. Also, $3000 might be able to be reduced depending on the shop you use. See if you can get the work done cheaper. The car will last well past the 161K it has on it now. Instead of scrapping, why don't you just give it to the proposed buyer and let him pay the repair bill.

Mark helpful

Your Answer

I have a 2004 Cadillac CTS with 161000 miles on it. The repair issues (computer malfunction and catalytic converter failure) will be around $3000 to repair. I just bought a new car and was going to sell this Cadillac to a friend for $2500 but the repairs are more than its worth to sell. Should I scrap it? Fix it and lose money? Any advice? 1 answer

I have a 2004 Cadillac CTS with 161000 miles on it. The repair issues (computer malfunction and catalytic converter failure) cost $3000 to repair in total and I was going to sell the car to a friend f...

2004 Cadillac CTS Base

-

Maintenance & Repair
04 cadillac cts have new battery but wont make a sound all u hear is the fuses clicking and i think they post to do that 2 answers

My 04 cadillac cts wont start have new battery and it still wont make a sound all u hear is the fuses click and I think they post to make that click sound

2004 Cadillac CTS Base

-

Maintenance & Repair
I have a 2010 Cadillac CTS and it will turn over but will not start. Replaced Solenoid and still nothing. Could it be the crank shaft position sensor? Any ideas. Thanks 2 answers

Got up this morning and it will turn over but will not start

Cadillac CTS

-

Maintenance & Repair
I have a 2003 Cadillac I need to see a wiring diagram of the key switch I'm trying to do it bypass on it the alarm system 3 answers

The save the wires for the bypass are in the key switch housing and they say that they're black and white and they're not I'm just curious what colors I need to know what colors they are so I can ...

2003 Cadillac CTS Base

-

Maintenance & Repair
I have a 2006 Cadillac CTS. It is intermittently shaking when I hit 45 mph and up. It feels like it has not shifted into gear. As I said it is intermittent. I have had the alternator checked, & batter 1 answer

The car has 93 K miles. It is really weird. The mechanic cannot tell me what is wrong. He put the car on the computer and said the alternator and battery is OK. I am not sure how to ask the question...

2006 Cadillac CTS Sport

-

Maintenance & Repair

Used Cadillac CTS-V

8 Great Deals out of 490 listings starting at $8,998

Used Cadillac SRX

348 Great Deals out of 9,062 listings starting at $2,495

Used Chrysler 300

395 Great Deals out of 18,209 listings starting at $1,000

Used Cadillac STS

36 Great Deals out of 991 listings starting at $2,500

Used Cadillac Escalade

200 Great Deals out of 11,013 listings starting at $2,500

Used Ford Mustang

698 Great Deals out of 44,786 listings starting at $1,500

Used BMW 3 Series

1,026 Great Deals out of 31,544 listings starting at $1,000

Used Mercedes-Benz C-Class

603 Great Deals out of 24,921 listings starting at $1,995

Used Mercedes-Benz E-Class

430 Great Deals out of 19,555 listings starting at $1,200

2017 Cadillac CTS For Sale

43 Great Deals out of 3,422 listings starting at $30,999

2016 Cadillac CTS For Sale

15 Great Deals out of 785 listings starting at $24,950

2015 Cadillac CTS For Sale

5 Great Deals out of 264 listings starting at $18,300

2014 Cadillac CTS For Sale

43 Great Deals out of 1,581 listings starting at $16,000

2013 Cadillac CTS For Sale

9 Great Deals out of 367 listings starting at $11,990

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.

#1		Brandon Foster Reputation 1,270
#2		Gaetano Viesti Reputation 990
#3		RushIII Reputation 680

1 Answer

Your Answer

Related Questions

04 cadillac cts have new battery but wont make a sound all u hear is the fuses clicking and i think they post to do that 2 answers

I have a 2010 Cadillac CTS and it will turn over but will not start. Replaced Solenoid and still nothing. Could it be the crank shaft position sensor? Any ideas. Thanks 2 answers

I have a 2003 Cadillac I need to see a wiring diagram of the key switch I'm trying to do it bypass on it the alarm system 3 answers

I have a 2006 Cadillac CTS. It is intermittently shaking when I hit 45 mph and up. It feels like it has not shifted into gear. As I said it is intermittent. I have had the alternator checked, & batter 1 answer

Shortcuts

Search Cadillac CTS Questions

Cadillac CTS Experts

Related Models For Sale

Used Cars For Sale