View Full Version : Best/easy way of getting rid of a broken car?
Here's the situation. I've got this 2004 Mazda 6 with a busted transmission. It was running perfectly before that. It's dead and I got a "new" car last week. I also have 3 payments left on it which is VERY annoying.
Any recommendations on what to do with it now? I've looked into donating it but that requires a title and no lien which I won't have for a bit. I'm assuming most suggestions will have to wait for that to get squared away and that's fine. Thought I'd open it up here since nobody I work with knows what I should do. I'd like to get something for it ideally.
StagLefty
10-03-2011, 14:24
There's salvage places that will pick it up and pay you a scrap fee but you'll need the title. I don't have any contact but I'm sure they're in the yellow pages. [Beer]
Zundfolge
10-03-2011, 14:31
You're going to have to get the lien released before you can really do anything with it.
Contact the lender and see if they won't work with you ... they may release the lien on it so you can sell it even though you owe them 3 payments (but you still have to pay those 3 payments anyway).
akumadiavolo
10-03-2011, 14:32
Unless your payments are insane you should be able to sell it for more than you owe on it. Just meet the buyer at the bank, use his money to pay off the loan, then drive down to the local office where the title is being held and give them the pay off paperwork and they will give you the title to give to the buyer. I did that when I sold a car a year ago or so.
Ill take it and pay the last 3 payments lol.
Unless your payments are insane you should be able to sell it for more than you owe on it. Just meet the buyer at the bank, use his money to pay off the loan, then drive down to the local office where the title is being held and give them the pay off paperwork and they will give you the title to give to the buyer. I did that when I sold a car a year ago or so.
He stated it was DEAD
BPTactical
10-03-2011, 14:44
Shoot me a PM- my kid needs a car badly, he has a mechanic at his work and he may have an interest as long as it is saveable
mcantar18c
10-03-2011, 14:47
Unless your payments are insane you should be able to sell it for more than you owe on it. Just meet the buyer at the bank, use his money to pay off the loan, then drive down to the local office where the title is being held and give them the pay off paperwork and they will give you the title to give to the buyer. I did that when I sold a car a year ago or so.
I've been on the buying side of this situation. Worked out well for all involved.
If you can find a buyer, this would be a good way to go. Post it up on Craigslist and see what comes of it.
He stated it was DEAD
No, he stated that it has a busted tranny. This could mean he just needs a new torque converter or some new synchros... worst case it means a transmission swap which while a PITA isn't all that difficult.
Zundfolge
10-03-2011, 14:58
All the 2004 Mazda 6s on Craigslist are in the $7500-$12000 range so it seems to me it would be worth the expense to fix the tranny and sell it.
For some reason I was picturing a much older and beat up car.
Wow. That's a lot of useful replies in not a lot of time! Thanks!
To clarify "dead" I meant to me. Without the cash to pay for the repair I was left in a tight spot and went for a car that was less than the cost of fixing it and frankly better for me right now. This was a situation my bank was way happier to help me with. It's just the way the chips fell.
SideShow Bob
10-03-2011, 15:53
What is the total on the payments due, and what was the estimate to replace the transmission ?
I think I have around $1200 or 1300 left on it. It's more than 3 regular payments but I had been paying more than the minimum lately to get it paid off by the end of the year. I guess that seems worth mentioning now. The estimate was over $4000 to fix it.
TFOGGER, you have no idea how many of my early plans involved a youtube account and a paypal donation page.
I would like to drive over it with my ATV please.
but if you want to get rid of it, let me know.
brianakell
10-03-2011, 17:01
I would like to drive over it with my ATV please.
but if you want to get rid of it, let me know.
You might be surprised, cars are amazing slippery! And the they squish, making it even harder to get traction. A bit of ramming is typically involved! [ROFL1]
tow it to my house and lets shoot the shit out of it
tmleadr03
10-03-2011, 18:31
4K for the whole deal? Huh. That must be an expensive transmission.
What did they say on parts about 3k for the trans itself?
ETA: Hell for the right combo of fire arm and ammo I could be convinced to do that in your drive way without a lift. Just find a transmission (or I can not a problem). If you are getting rid of it a low mileage take out, I bet I could get you out the door for 1500 for the trans with a 12 month warranty and 1K in labor.
ETA2: The trans price is a guess, dont hold me to that.
tmleadr03
10-03-2011, 19:18
Manual or automatic?
The price he was quoted I would put money on automatic.
I'm sick of my car. I'll buy it, and have tmleadr03 fix it and buy him a beer every time he gets cut :)
tmleadr03
10-03-2011, 19:22
I'm sick of my car. I'll buy it, and have tmleadr03 fix it and buy him a beer every time he gets cut :)
Best wait till I am done with the job before you start feeding me beer.[Beer]
The more beer I give you, the more careless you get, which means I owe you more beers [Beer]
I was going to offer to just take over the payments before all you dummies came in here reminding him that it was worth $12,000 after he fixes it!
How many miles? Anything else wrong with it?
DANGERTASTIC!
10-03-2011, 20:50
Shoot me a PM- my kid needs a car badly, he has a mechanic at his work and he may have an interest as long as it is saveable
My wife and I are selling our old car. 99 Cavalier.
Its in really good shape minus a few small dents.
Just letting you know, if he really needs a car and this one dont work out.
Bluebook on it is $800 or something
BPTactical
10-03-2011, 21:00
My wife and I are selling our old car. 99 Cavalier.
Its in really good shape minus a few small dents.
Just letting you know, if he really needs a car and this one dont work out.
Bluebook on it is $800 or something
Thanks Danger. I will let him know[Beer]
mcantar18c
10-04-2011, 00:01
You might be surprised, cars are amazing slippery! And the they squish, making it even harder to get traction. A bit of ramming is typically involved! [ROFL1]
Not if you know how to drive it [Tooth]
(That's a Toyota Corolla under my old Jeep).
http://a1.sphotos.ak.fbcdn.net/hphotos-ak-snc1/7117_132295943963_686058963_2502094_4093977_n.jpg
Powered by vBulletin® Version 4.2.3 Copyright © 2025 vBulletin Solutions, Inc. All rights reserved.