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I'm looking at a 97 outback here in Richmond, va. The car is clean and has a 5 spd, but the guy wants 2500 for the car with a blown HG. I told him that is way out of the ball park, but he insists it is a good deal for the car. I'm going to wait him out and see if hewill come down. I made him an offer of 1000. and he summarily turned it down. I told him to keep in touch.

 

What do you guys think a fair price would be?

 

Mind you I haven't gone to see the car and test drive it yet. It might need clutch work too. It has 187K on it.

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as someone who has bought a number of 97 legacy's i can tell you that you are right. if it was a pristine GT sedan with low miles and great paint....then *maybe* it would be worth it to someone who wanted that car, but basically only for someone that wanted it, not for flipping it.

 

190,000 miles, that's terrible. and a wagon, wagons are a dime a dozen, i can basically buy one or two a month pretty easily. (saw one yesterday for instance!)

 

i'd give $500-$1,000 for that car. no way i'd give more than a $1,000 and it would have to be really nice cosmetically for that. and even then only because nice looking cars sell well.

 

he's pulling the (blue book value -minus- cost to fix) card. market don't work like that slick. two funny notes: if that was close to how the market operated he'd fix the dumb thing himself, but he's not! and, he'd never buy the deal he's trying to sell, even for whatever replacement car he gets in the future! he'd roll his eyes if he was on the other end.

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Funny how it is when you are selling the car. It is worth so much morethan when you are buying. I'm not willing to budge on that price. Too much of me goes into getting these back on the road, even if they are built for other people.

 

Yeah, ultimately I'm going to sell it, but I want to make a profit. Not just break even.

 

Thanks for your input.

 

 

as someone who has bought a number of 97 legacy's i can tell you that you are right. if it was a pristine GT sedan with low miles and great paint....then *maybe* it would be worth it to someone who wanted that car, but basically only for someone that wanted it, not for flipping it.

 

190,000 miles, that's terrible. and a wagon, wagons are a dime a dozen, i can basically buy one or two a month pretty easily. (saw one yesterday for instance!)

 

i'd give $500-$1,000 for that car. no way i'd give more than a $1,000 and it would have to be really nice cosmetically for that. and even then only because nice looking cars sell well.

 

he's pulling the (blue book value -minus- cost to fix) card. market don't work like that slick. two funny notes: if that was close to how the market operated he'd fix the dumb thing himself, but he's not! and, he'd never buy the deal he's trying to sell, even for whatever replacement car he gets in the future! he'd roll his eyes if he was on the other end.

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I'm not willing to budge on that price.
i wouldn't either. there's no way that car will sell for that anyway, so it's not going anywhere.

 

you should print out a bunch of ebay or autotrader adds, i didn't look but i can tell you for sure you'll see the same vehicle/miles for that price without blown headgaskets!

 

you can buy perfectly good running 97 era subaru's with nearly 200k for well under $2,000 that don't need headgaskets. and a wagon, a wagon!?

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The guy must be on crack, with the cost of fixing these cars (a shop doing the repairs) you'll easily spend $1500 or more, plus a clutch, seals, t belt ,waterpump while you have everything apart. Mine has 154,000 and I have to pull the engine to reseal it next spring.:banghead:

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yeah, it's a wagon.

 

I'll just wait him out and see what happens.

 

have a couple of your friends call and offer him 400 - 600$, just to warm him up.

 

make sure he has your number handy, at some point some one will offer him 900 and he'll take that because the cash is in his face.?!?!

Edited by johnceggleston
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Another thing to consider here is that you are incurring all the risk in this transaction. Sure, it might "just" need HG, but you might also find the heads are warped, or the long block is screwed up. $1000-$1500 to have the HG done professionally is just a starting point. Plus, with those miles, the bottom end might be ready to fail. I'd be thinking 2.2 swap myself.

 

I paid 2500 a couple of years ago for a high mileage 98 OBW with bad HG, but it was driveable, was a stick and had an excellent body, new tires, CV axles, etc. I was having a very hard time finding a decent Subaru with a 5-speed and I wasn't that worried about overpaying a bit. If you're buying to flip, it's obviously much more important not to overpay.

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I'm looking at a 97 outback here in Richmond, va. The car is clean and has a 5 spd, but the guy wants 2500 for the car with a blown HG. I told him that is way out of the ball park, but he insists it is a good deal for the car. I'm going to wait him out and see if hewill come down. I made him an offer of 1000. and he summarily turned it down. I told him to keep in touch.

 

What do you guys think a fair price would be?

 

Mind you I haven't gone to see the car and test drive it yet. It might need clutch work too. It has 187K on it.

 

Way to much. I would pay $500 up to $1000 if it had a nice body.

 

I have sold these with new head gaskets for $2500.

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