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Unread 01-20-2014, 07:35 PM   #1
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Default Cross roads- Sell car or fix car? Advice Please :)

Hey Guys!

I am new to this forum, and don't know too much about cars.

I am in a bit of a predicament right now.

I have a 1999 Subaru Outback Legacy (limited). Everything is fine on the car except that the head gasket is leaking. The mechanic told me the leaking head gasket has caused a miss fire. They want to do what they call a "head service." In this case, they will take out the entire engine, replace timing belt, all timing components, hoses, water pump, all gaskets, etc. The cost of this service is 2,300. This is almost what I paid for the car.

I must have gotten a killer deal, because blue book value for the car in excellent condition is 5,777. Blue book value for the car in fair condition in 4,900.

I'm not sure if I should fix it or sell it.

I was told that this is common for Subaru's at this age. Unfortunately, I'm in a tough financial situation, and I'm unemployed. So this is a factor.

If I were to sell it, what is a fair price? Considering, I just bought brand new tires, brakes, battery, and water pump. Everything else on the car came out fine on the diagnostic.

In September, I put $700 worth of work into this car. Afterwards, the mechanic said, everything reads clear. Now, I'm dealing with this. My concern is that I will be looking at another expense down the road. With an old car, I'm weary to believe that I won't have any more major issues soon.

What is your advice? Repair the car or sell it? If I sell it, what's a fair price?

Thank you,


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Unread 01-20-2014, 09:48 PM   #2
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How many miles does it have on it?
My rides:
--2012 Chevy Sonic LT hatch back w/1.4 liter turbo w/100k
--2005 Chrysler Pacifica w/175k - SOLD!
--1987 Chevy R10 Pickup w/80k
--1997 4.3L Chevy Blazer w/193k- SOLD!
--1998 Oldsmobile Aurora w/190k - SOLD!

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Unread 01-21-2014, 01:07 AM   #3
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Selling it needing that major of a service would be detrimental to its value. Head gaskets are common failures on Subarus and most people would not buy it for high value without proof of timing belt replacement recently.
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Unread 01-21-2014, 11:34 AM   #4
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I bet you could find a used engine that you could swap in for cheaper than that. Subaru engines are compatible across a range of Subaru models and years.
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car values, repair, sell as is

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