I have a 2003 Chrysler Sebring Conv. LXI. About 98,000 miles on it. Anyway the engine has locked up on it. Come to find out this was a factory problem and a common problem for the generation of sebrings. So my question is what now? Do I sell it as is? If so , how much ? Or do I try to part it out?
I do not think you can get much for it in it's present state. Checking Edmunds or Kelly Blue Book may help, but the vehicle is inoperative and 10 years old. A salvage business may offer a small sum, or simply haul it away at no cost to you. Have you considered a rebuilt engine? It would be hard to find another nice car for the same $$. This might be cost effective if you like the car and it is in good general condition, I know many that run over 200K just fine with suggested maintenance including diligent oil changes. (NEVER miss ONE, and using synthetic oil strongly suggested to prevent sludge.) I replaced an engine in a '90 rwd vehicle I owned and had 5 years before trading on a 2000 jxi. Good luck to you Tawny.
Check to see if there are any recalls on them. As an example, the tranny in the 00-06 Sebring Sedans are prone to get stuck in 2nd gear with no way to fix them and if this happens, the dealership is actually obligated to replace the vehicle. So see if there's anything like that. To the googles!
IF ITS A 2.7 JUST SCRAP IT
get 'er runnin' and sell it to a college student.
if the car is in overall nice condition I'd consider selling it as is. There are a lot of shops that do engine swaps and even keep commonly needed engines in stock. Scrap value is $300 or so but I've often gotten $1000 to $1800 for one in otherwise good condition but with a bad motor. I had a client with a Sebring convertible that the motor went on. I figured I could get her $2k selling it as is. She spent $3800 getting a boneyard motor installed and it only sold for $4500.
Swap the engine, the 2.7L were Mitzubishi's attack on Detroit, this engine was never trimmed after assembly and is a ticking time bomb 98 to 04. If you find one with more than 75K on it you've managed to avoid most issues. Clean top grade synthetic oil is a must! Change filters every time you change oil. Replace PCV every other time! Check oil weekly for water traces or condensation on top of oil stick. At 150K Replace water pump and install timing chain restrictors so that if sludge plugs the tensioner galley the chain doesn't slacken up as this is catastrophic for an valve piston interference engine. A 2.7L with this care should make it to 350-400K easily! You see there is hope with knowledge!
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