My 1998 Subaru Outback Legacy blew it's engine on tuesday. The timing belt busted, then pistons bent and now the whole engine is fucked.
It had 135,000 miles on it, and drove relatively well. It has good tires, new brakes and rotors, leather, power everything. A really nice car, until it shat the bed. Needs new struts/shocks (at least that's what the tire salesman told me a few months ago, and it did wobble a bit at hwy speeds).
So, I don't have the $2-3k for a new engine, plus putting that kind of dough into a high mileage car sounds like a bad idea to me. What is something like this worth? I know a little dealership that specializes in older subarus wants it, but I don't want the guy to low-ball me knowing that it's just sitting at a shop across town. I may try to trade it for a little 2wd commuter (We have 2 other 4wd/awd cars), and I need a little economical something to get me around town.
So, what do you think is a fair price to expect on a trade in for a nonoperational outback?
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