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Old 12-06-2017, 08:24 AM   #1
CoolUsername
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Default Auction car woes

Hi guys,

I bought an L200 this weekend at an auction with 150k miles for $700. Car runs and drives great but it needed rear brakes, and I was like hey, no problem, I can scoop this up for a deal, throw some brakes in it, clean it up really nice and make some money on it.

Unfortunately for me I got it up on a hoist last night and rear brakes will be next to impossible to replace -- the rotors are shot because the pads are grinding, the calipers are rusted over and look like chocolate cake and I'm sure will win the fight if I try to take them off, and the brake lines leading up to it are completely rusted so it looks like one solid piece of metal. The brakes lines in the middle of the car are also rusted over so badly that they look like they might begin leaking if I look at them the wrong way.

Furthermore, the engine cradle is completely rusted through where it bolts to the car, and has more rust holes around the radiator. I don't think the car is worth $1500 in brakes and whatever time and labor would be involved to replace the cradle. I bought this car to flip but it appears that I got burned and this is probably why the car found itself at an auction.

I don't want to clean it up and sell it to someone unsuspecting, but I'm not sure of what else to do. I don't want to take a $400-$500 loss and just give it to a scrap yard, especially when it runs and drives as well as it does and the body and interior themselves are not in bad shape at all. What are your guys' thoughts?

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Old 12-06-2017, 08:47 AM   #2
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2001 L-Series 2.2L Sedan
Default Re: Auction car woes

Part it out. No offense but I hope you learned a lesson, Anytime you buy a used car look under it to check for those problems. That is the first place I always look because even if the car has low miles but is to rusty to repair it is only worth either parts price or the going junk rate at the scrap yard.

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Old 12-06-2017, 01:20 PM   #3
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Default Re: Auction car woes

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Originally Posted by Dsaturn View Post
Part it out. No offense but I hope you learned a lesson, Anytime you buy a used car look under it to check for those problems. That is the first place I always look because even if the car has low miles but is to rusty to repair it is only worth either parts price or the going junk rate at the scrap yard.
The highest price I've found so far is $150 if I drop it off -- makes me sad since it runs and drives well. I bought this one sight unseen which worked out on the first car I did (an S-series) but evidently this one won't pan out in the same fashion.

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Old 12-06-2017, 03:27 PM   #4
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Default Re: Auction car woes

Yup, it's a shame that you're having to deal with a car that has a bad undercarriage, but a good powertrain. You were very fortunate that things went well with your first Saturn purchase. I'm sorry that you may end up taking a loss on this venture, but we all take certain risks in life that sometimes go against us.

BTW, what part of the country are you located in?

...
292,000 miles-it keeps on rolling!
The blessings of liberty erode in my country.
Gov't's grown bigger, but a chance exists that it will be reduced. I'm cautiously hopeful.

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Old 12-06-2017, 04:04 PM   #5
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Default Re: Auction car woes

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Yup, it's a shame that you're having to deal with a car that has a bad undercarriage, but a good powertrain. You were very fortunate that things went well with your first Saturn purchase. I'm sorry that you may end up taking a loss on this venture, but we all take certain risks in life that sometimes go against us.

BTW, what part of the country are you located in?
Minnesota, head of the salt belt. I used to work as a lube tech in a shop, I've seen this kind of thing before. We even had a Neon in at one time where the cradle completely gave way... and they fixed it.

I guess I need to find a new hobby, I can't handle another loss of this magnitude especially when I started doing this for extra cash since I don't earn a lot. I was hoping I could at least find somewhere around me that would take the car in hopes to part it out rather than just straight up scrap it, but oh well. I feel bad for it!

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Old 12-06-2017, 05:50 PM   #6
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Default Re: Auction car woes

Look on Facebook for local yard sale and auto sale pages. Try to sell it for parts on there or craigs list. Be a shame to just crush it as parts for these cars are getting hard to find.

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