It just passed 200k miles, interior is great, outside needs work. The chrome molding that goes around the edges of the windows and all are coming off (easy fix right?) and all in all has been a great car and can handle 80mph on the freeway..is it worth keeping and fixing the little things? And when the motor goes,
It just passed 200k miles, interior is great, outside needs work. The chrome molding that goes around the edges of the windows and all are coming off (easy fix right?) and all in all has been a great car and can handle 80mph on the freeway..is it worth keeping and fixing the little things? And when the motor goes, is it worth replacing the motor or even swapping for a better Honda motor? I love it's looks and the car itself is amazing, but should I commit and invest in it?
This is a question you would have to answer for yourself. Go out and price a car that would be the potential replacement should you buy a new one and compare this with the cost of restoring the accord.
Do you or a really close friend have the technical ability and tools and time to do it yourself or are you going to have to pay a mechanic $98 or more an hour for blue book labor? This is why it costs $150 to replace $30 break pads… There are ways of getting replacement parts a lot cheaper than a mechanic would charge also. Since you are asking here I am going to assume you do not have the contacts needed or even an idea where to start to get a low milage replacement engine for $1500 or less.
If you come up with a total of $15k to restore everything and update electronics but can buy a new car for $23k with 4 year warranty and service, and avoid the heartache and headache of an overhaul, it's a personal choice.
From a money point of view, nope. You can spend thousands restoring a vehicle. Some are worth it because they are desirable classic cars. Spending $10,000 tidying up a Shelby Mustang or something collectable makes sense, because you end up with a car that's worth something.
Spending $10,000 restoring an old Accord is money down the drain. You end up with a car that's worth $2,000 rather than $1,000.
Better to take your money and buy a tidy 03 Accord with it.
Now if you can potter around in your own time, get some used parts, do a tidy DIY paint job, then you keep the car looking tidy and drivable for a few more years, for a couple of thousand, THEN it's worth it. But paying someone to do the job is going to cost big $$.
It is not and never will be a collectible car. Therefore it will cost way more to restore than it is worth. Drive it until it dies and then buy another car.
No! It would cost almost 3 times as much to replace the engine ($4,000) as the car would be worth after the new engine is installed.
Hi save your money and buy a new car.