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1992 Loyale totaled, what's it worth?


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I bought this sweet little granny 1992 Loyale wagon at 120,000 miles in MINT
condition.  I fixed all the oil leaks and put in an alternator.  The head
turned out to be cracked, so it was welded and all the valves were
redone.  It was happily running perfectly at 150,000 until my wife dipped off the
edge of the interstate and rolled it twice.  Any idea what the
car/engine is worth as a salvage car?  I have an offer of $200 for the
whole car, but I thought it might be worth more parted out.

The car still starts and runs and the maual tranny and 4x4 all still seem to be working.  I'm having trouble loading pictures, so email me and I will send pictures if you are interested.
 
illgobigger@hotmail.com
 
 

 

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You can make more total by selling it off piece by piece but it will be a slow and more labor intensive process.  If the body is toast, $200 is a pretty fair offer. You'll end up putting a lot of wrench time in and making $5 or $10 an hour to part it out. I'd take the money and start shopping for a new daily driver, or shop for a good bodied GL, DL Loyale or XT with either a bad motor or trans and use yours as a donor car, then scrap the rest.

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You can get $400 scraping it yourself. so "$200" is NOT a good offer. 

 

 

Sell the engine, trans, rear, interior, bits and pieces, and you'll get $400-600. Then scrap what's left for $350. If it has a ton of good parts, could even make $900-1000. The cats should be worth a couple hundred by themselves if you take them to a core place (NOT a junk yard). You want the place the junk yards sell their cats to. They pay the most. Most junk yards pay roughly $50-75. The core places pay $100-250+ depending on the platinum content. If they are generic universal aftermarket cats, expect $10-15. Even the battery is worth around $20 as lead is in demand.

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call and ask a few yards, preferrably ones with Subarus, how much they'll give for it. 

 

2,500 pound car at $6 per hundred is only $150, some places offering $5 per hundred this summer locally, scrap prices are low.

 

"worth" is relative.  depends on your skill set and time.  takes a good bit of time to list stuff, ask questions, package, give shipping quotes, remove parts, etc.  otherwise of course you can easily sell the car parts for more than $200, could almost get that for the engine if you find someone needing and EA82 right now -but tht's hard to find, it's a small market and will take awhile to sell stuff.  those cars don't even exist where i live, they rusted away 10 years ago. 

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You can get $400 scraping it yourself. so "$200" is NOT a good offer. 

 

 

Sell the engine, trans, rear, interior, bits and pieces, and you'll get $400-600. Then scrap what's left for $350. If it has a ton of good parts, could even make $900-1000. The cats should be worth a couple hundred by themselves if you take them to a core place (NOT a junk yard). You want the place the junk yards sell their cats to. They pay the most. Most junk yards pay roughly $50-75. The core places pay $100-250+ depending on the platinum content. If they are generic universal aftermarket cats, expect $10-15. Even the battery is worth around $20 as lead is in demand.

 

$200 is a low end offer. who was that from?  a person, junk yard or scrap yard?

 

where in Canton/Akron area gives $100 - $250 for OEM converters?  nowhere around me does but i'll be there this weekend, will gladly bring some converters with me. 

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I

 

$200 is a low end offer. who was that from?  a person, junk yard or scrap yard?

 

where in Canton/Akron area gives $100 - $250 for OEM converters?  nowhere around me does but i'll be there this weekend, will gladly bring some converters with me. 

 

I didn't realize those cars were so light! 2500 pounds is old Toyota pick up truck weight. 

 

@Gary I used to scrap cars from PA and would take them into Niles. The Niles yard (they were bought out since IIRC) guys told me they sold their converters at Junior's Core and Recycling ( http://www.yellowpages.com/kinsman-oh/mip/juniors-core-and-reycling-22848142# )  I went up there with 6-7 cats leftover from cars I scrapped and had nearly $700 check from it. This was back in the mid 00's, so dunno if prices are as good anymore. At least 2 of the cats were aftermarket so those were like $10 each. The rest came from an early 90's Tercel, Tempo, Lumina, 85' Ford sedan (full-size), F150, a Mazda minivan, etc. Dunno if they'll give their price over the phone or not, but can try. Japanese cats typically have higher amounts of platinum and bring a premium. It's a solid hour and half drive from Akron taking 76 to 7, but coming up from WV, you can run 11 all the way up then hop onto 7 from 76. The place was small and in a rural area on the left if going north from 76, but it was well worth the prices. A normal yard I'd have gotten maybe $200 total. So while you'll burn a ;little more gas getting there, it pays for itself. They are open half a day on Sat. I'd call them and say what the cats are from and if they can ball-park it for you. Saying you are passing through from down south might help. As long as they are OEM and STILL have the honeycomb intact, they are worth something.

 

 

 

To the thread starter, can always run an ad in Craigslist and let people pull parts themselves. Just hang around while they do it. Given how light the car is, you'll make more parting it. The better the condition everything is (like interior parts) the more money can be made.

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Scrap prices on just about everything tanked in the past year because Japan is so broke (as is China) that they can't afford to buy the materials.  Even most of the scrap that gets bought is being stockpiled by recyclers who are hoping the resale prices go back up. 

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Yeah, platinum isn't something that'll really ever tank as it's a precious metal; as long as emissions standards get more stringent, there will be a huge demand for it. Junk yards might want you to think otherwise as they can make triple or quadruple+ off their $20 investment, and unless they often try and stay competitive with local rivals, so if 5 yards exist within a 20 mile radius, they are WELL aware of what each other are buying at. If the market is dry, or one place is willing to offer more, you'll see spikes in the pricing if they start loosing business. Core places are definitely the way go, unless you can extract the metals yourself ;)

 

Also, contrary to popular thought, selling "loose" honeycomb nets a far less profit. It's always better to just take the cat in in one piece, even if the honeycomb is melted within. It's much easier for them to identify "GM, Ford, Toyota" etc. if it's still in the original casing, as different manufacturers have varying levels of platinum content in their cats. Plus, I think the Japanese cats have another precious metal that's worth something, but can't remember what it was. 

 

Rule of thumb, the bigger the cat (i.e. a truck), the rear cats (in a 2 or 4 cat set up), Toyota cats (regardless of size), along with other import cats typically are worth more.  B)

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I live near Coffman metals in WV, The place that buys ginseng on the TV show Appalachian Outlaws. He pokes a rod into the cats to measure how much of the comb is intact.  If any is missing he takes money off. The most I got down there when prices were up was $30 for a big chevy cat.

   
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I live near Coffman metals in WV, The place that buys ginseng on the TV show Appalachian Outlaws. He pokes a rod into the cats to measure how much of the comb is intact.  If any is missing he takes money off. The most I got down there when prices were up was $30 for a big chevy cat.

   

Like I said, they are fully aware of what other local places charge. Why would they pay you more if everyone else is paying less?

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