What is it worth?

Asked by May 21, 2014 at 04:44 PM about the 1998 Mitsubishi 3000GT 2 Dr SL Hatchback

Question type: Shopping & Pricing

I have a 1998 Mitsubishi 3000gt sl. I was driving it on the highway at about 50 miles per
hour and the belt broke.  First, the power steering went, then the belt broke, then the car
died.  I don't think I want to put the money into fixing it, thinking about selling it.  The car
itself is in great shape, just has a  pesky engine problem...  Wondering how I find out what
it would be worth to sell as is?

4 Answers

263,975

You'd be surprised, it's worth around $5K if you replace the belt. I'm basing that on 120K miles and the car in good condition. The pesky engine problem should be disclosed in the sale and will lower the value., So say $4K, more mileage you have the lower the price and vice versa. HTH's.

1 of 1 people found this helpful.
116,495

Which belt broke? Alternator/ac or power steering? If one of these two it's an easy fix. But if timing belt. Well let's just say its time for a compression check to see if you bent any valves. If none bent then not to expensive or bad to fix. But most likely some are and the heads will have to be removed. I agree with Tom. These cars hold their value real well even if it's not running due to timing belt issues.

2 of 2 people found this helpful.
6,295

SL's with 120k miles are not worth 5k,, and if the timing belt broke when you were doing 50mph there no way I can see that it didn't bend some valves, if you did break the timing belt and the valves are bent its now worth about 2-3k and that's if the interior and exterior is in good non ragged out condition

1,205

Yeah, your hesitation to change the belt doesn't really make any sense unless it's the timing belt. If that is the case, and it is an interference engine, it's probably not work having fixed unless you are willing to do it yourself. Even then, it will be expensive. Had to replace every valve in the engine when my old 300ZX flipped the timing belt. It wasn't cheap.

1 of 1 people found this helpful.

Your Answer

3000GT

Looking for a Used 3000GT in your area?

CarGurus has 67 nationwide 3000GT listings starting at $3,195.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Mitsubishi 3000GT Experts

  • #1
    dandyoun
    Reputation
    2,590
  • #2
    Daniel Foster
    Reputation
    1,010
  • #3
    T_S_T
    Reputation
    260
View All

Related Models For Sale

Used Mitsubishi Eclipse
15 Great Deals out of 1,143 listings starting at $1,799
Used Mitsubishi Lancer Evolution
10 Great Deals out of 577 listings starting at $12,999
Used Ford Mustang
597 Great Deals out of 39,165 listings starting at $1,895
Used Toyota Supra
61 listings
Used Chevrolet Corvette
174 Great Deals out of 17,500 listings starting at $3,000
Used BMW M3
38 Great Deals out of 2,082 listings starting at $5,495
Used Chevrolet Camaro
453 Great Deals out of 31,411 listings starting at $1,450
Used Mitsubishi Eclipse Spyder
19 Great Deals out of 504 listings starting at $2,490
Used BMW 3 Series
1,130 Great Deals out of 32,630 listings starting at $1,200
Used Mazda RX-7
58 listings

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.