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1992 Crysler Lebaron, How Much Would A Car Similur Be Today? Rate Topic: -----

#1 Guest_Crow_*

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Post icon  Posted 12 August 2008 - 08:34 PM

If you were a registered user, you would not be seeing this!

Just for investment peice of mind,

If i were to buy a car closest i could get to a 1992 lebaron convertible, v-6, auto 4 speed , 77,000 mile's,
But this car was say a 2000 or what ever is resonable in milage, whatever it might be, what would it be worth ?

Just trying to think from a newer car prespective, that is ready to go and clean, so it seems more worth it to repair or refurb vs, getting somthing simiulaur but on a lot.


Thanks
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#2 User is offline   billccm 

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Posted 12 August 2008 - 09:32 PM

I'm not sure I understand your question, but I'll answer it this way. I have seen 2006 Sebring Convertibles advertise at Budget Rental Car Sales outlet for $10,999. I have also seen a few 2007 Sebring Convertibles advertise for $14,999 here locally at a Dodge dealer's used lot.

What really blew my mind the other day was a 2007 PT Cruiser convertible for $9,999?!?! (Also at Budget)

The economy is down, and lets face it, domestic brand cars are just an outright bargain in the used market.

It really makes me think; I bought my 1991 LeBaron convertible in Oct, 1990 for about $15,150 out the door and on the road. Here it is 18 years later, and I bet I could get a year old Sebring convertible for the same price I paid for that LeBaron in 1990!

And in closing, although not apples to apples, one of my co-workers just paid $10,000 for a 1998 Accord with 114K miles.

What is the world coming to?

Bill

This post has been edited by billccm: 12 August 2008 - 10:47 PM

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#3 Guest_Crow_*

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Posted 12 August 2008 - 10:10 PM

View Postbillccm, on Aug 12 2008, 07:32 PM, said:

I'm not sure I understand your question, but I'll answer it this way. I have seen 2006 Sebring Convertibles advertise at Budget Rental Car Sales outlet for $10,999. I have also seen a few 2007 Sebring Convertibles advertise for $14,999 here locally at a Dodge dealer's used lot.

What really blew my mind the other day was a 2007 PT Cruiser convertible for $9,999?!?! (Also at Budget)

The economy is down, and lets face it, domestic brand cars are just an outright bargain in the used market.

It really makes me think; I bought my 1991 LeBaron convertible in Oct, 1990 for about $15,150 out the door and on the road. Here it is 18 years later, and I bet I could get a year old Sebring convertible for the same price I paid for that LeBaron in 1990!

And in closing, although not apples to apples, one of my co-workers just paid $10,000 for a 1998 Accord with 114K miles.

What is the world coming too?

Bill




I just was talking about if investing $2000 will make something as good as somthing 12 years younger,
that had been better taken care of, with the same milage, etc., is it worth it,?

even though your not really going for a profit, but more of personal satisfaction in your choice, because you spent 5 or so grand less than somthing that was pre preped , newer and ready to go. By knowing what is in that price range of say same type viecle, i'll know when it is quits or what ever.


"one of my co-workers just paid $10,000 for a 1998 Accord with 114K miles" <--- now thats insane. a 98 with 114,000 for $10,000, thats like, well, nsane.

This post has been edited by Crow: 12 August 2008 - 10:12 PM

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#4 User is offline   Doug D 

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Posted 13 August 2008 - 06:08 AM

View PostCrow, on Aug 12 2008, 11:10 PM, said:

I just was talking about if investing $2000 will make something as good as somthing 12 years younger,
that had been better taken care of, with the same milage, etc., is it worth it,?


As I always say, "A used car is still a used car.". A used car will never be new, but if you invest wisely you can make it seem near new. It really depends on what satisfies YOU.

I am always on the look out for a decent used car for the right price. I'd love to find another AA body (Spirit/Acclaim) with a decent paint job. I have a '90 (see sig) and while it's mechanically sound underneath (I've spent over $3500 on it in maintenance/repairs since I bought it in '03 for $300) it suffers from paint delamination on the hood and trunk and severe rust on the roof. One of these days I'll invest the time and $$ to take care of it. Well, maybe...... ;)

I think $2K is a low amount. A decent used car is gonna run at least that plus you'll more than likely have to spend at least that to bring it up to snuff - of course, that does depend on what it needs - sometimes you get lucky and find one that needs minimal work for a good price. I spent $300 on my '90 Acclaim and it took another $500 to get it past inspection. I've spent an additional $3000 over the years on maintenance.

Quote

"one of my co-workers just paid $10,000 for a 1998 Accord with 114K miles" <--- now thats insane. a 98 with 114,000 for $10,000, thats like, well, nsane.


Assuming that was a recent purchase, I pretty much agree. My folks have a '97 Civic that they paid about $12K for in 1999.
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#5 Guest_Crow_*

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Posted 13 August 2008 - 09:30 AM

Well i purchased this lebaron for more than i would have, or not even purchased it, if i would have known more about the mechanical problems it has at present as my left over money was supoose to go to refurbishing the cosmetics & other various small things.

I cant do a lot of things as im not as mechanicly inclined as alot of folks here, the books and other material ive found on the net are helpful, but is written for someone that has more basic knowledge about various parts than i know the names of ( i know what a lug nut is, but dont have a clue what the heck a cotter pin is), and the processes that you have to go threw seem overwhelming.

Fourtently,

I found a mobile guy, he is going to do the front motor mount and the cv axle for $225.00, wich is great.
then you have the rans leak, if i decide to get than done (requires dropping the trans) he will do that for $275.00 much less than i expected)

Any other present problems i'm un aware of.

Then you still have various cosmetic problems wich ive asked about in other threads.


Basicly i was just trying to justify the cost versus getting rid of it, and saving for somthing else, but i do have the car, & getting it mechanicly stable seems cheaper than i expected, so perhaps just going with what i have instead of buying more problems would be better.
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#6 User is offline   maschmit 

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Posted 13 August 2008 - 09:51 AM

Is the transmission leaking from the axle seal? If so the transmission does not need to be dropped to rectify this. Might make it easier but in no way required. 225 to have both done is pretty good if that included the parts and the parts are of reasonable quality. The front motor mount is about a 15-20 minute job if you have the right tools.
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#7 Guest_Crow_*

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Posted 13 August 2008 - 10:02 AM

View Postmaschmit, on Aug 13 2008, 07:51 AM, said:

Is the transmission leaking from the axle seal? If so the transmission does not need to be dropped to rectify this. Might make it easier but in no way required. 225 to have both done is pretty good if that included the parts and the parts are of reasonable quality. The front motor mount is about a 15-20 minute job if you have the right tools.


No its the front seal leaking between that half plate and the trans right next to the oil pan, i'm guessing its was caused by trauma of the transmission going back and forth, hiting the cv axle it looks like from the shape of the axle, as that motor mount has probily been bad awile.

Yes that price included the parts.
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#8 User is offline   DaveAdmin 

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Posted 13 August 2008 - 10:11 AM

For what it's worth, I track every penny of my car expenses.

Our 40,000-mile-used 300M, purchased in January 2003, has cost us $3,543 in repairs. A lot of that was replacing just about the entire air conditioning system - $1,400 - earlier this year. The original lasted around eight years which isn't bad for the new refrigerant.

Maintenance in that time, including a timing belt with various pieces, added $3,375 and would have been similar on a Honda (unless their timing belts last more than 90,000 miles.) That was preventive of course. That includes oil and tires (73,000 miles - the old ones were cracking with age).

The car cost us $15,000 instead of the $28,000 or so it sold for when brandie-new and came with an 8/80 powertrain warranty (again, it was used.) We bought it from a very reputable dealer.

The 2003 PT was purchased private-sale for $14,500 - a GT model wtih five-speed, I think original price was in the mid-20s. Maintenance on this one was $1,237 since purchase in mid-2005. Repairs were $1,015.
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#9 User is offline   Dustincoc 

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Posted 13 August 2008 - 11:11 AM

View PostCrow, on Aug 13 2008, 10:30 AM, said:

I cant do a lot of things as im not as mechanicly inclined as alot of folks here, the books and other material ive found on the net are helpful, but is written for someone that has more basic knowledge about various parts than i know the names of ( i know what a lug nut is, but dont have a clue what the heck a cotter pin is), and the processes that you have to go threw seem overwhelming.


This is a cotter pin:
http://hubbard.thomasnet.com/ImgMedium/Cotter%20Pin.jpg
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Posted 13 August 2008 - 01:35 PM

View PostDustincoc, on Aug 13 2008, 09:11 AM, said:

This is a cotter pin:
http://hubbard.thomasnet.com/ImgMedium/Cotter%20Pin.jpg



Well thanks, i eventully find things like that out, then when i feel confident in knowing what exactly the parts are, then sence of overwhelming nervousness comes over me that i'll screw the job up or it wont go as smooth as the books says & im stuck with a car i cant move.
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#11 User is offline   WSDave 

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Posted 13 August 2008 - 02:04 PM

Quick note: Cotter Pins and Lug Nuts are NOT interchangable. :P
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#12 User is offline   WSDave 

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Posted 13 August 2008 - 02:13 PM

Doug,

I couldn't agree more. I paid $300 for a 1993 Lebaron sedan, and it even ran great at the time. Especially if you can do the work yourself, $3,500 plus an AA body can get you a brand new engine, tranny, tires, carpet, power seats w/ new covers, all new seals and bearings, exhaust, basically a brand new car except for paint (it could even get you paint if you can paint).

I would much rather spend 4-5 grand and have a perfect (better than new) AA than spend twice that on a used Honda.

I'm reminded of someone here who posted pics some time ago of their Acclaim/New Yorker hybrid. Beautiful job, and far less than anything new.

Dave
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