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07-09-2013
If I had my repairs done by shops and such (LIM gaskets, valve cover gaskets, entire new suspension, etc.), then I would have a money pit right here, but seeing as I do all my work myself, my car has been godsend.
Good example, I've replaced three wheel hubs over the past 3 years of owning my Prix, plus an axle. I would have had one hub done by a shop for the same price. Horrible deal.
07-09-2013
My previous car a GP GT I put in probably $4k in repairs, but a few I did myself once I found these forums. The biggest thing was my tranny had to be rebuilt which altogether that was $1200 by itself. With my car now ive done the majority of the repairs myself including the LIM gasket which was alot easier then I thought it would be. But when it comes to suspension and tranny issues or even bigger engine issues I would trust a shop more then myself. But i will continue to save and doing things myself that I know im capable of.
07-09-2013
I got my 04 gtp for 2,200 with 130,000 and a fully rebuilt tranny , so far I've really only invested 100$ in the thing and ill be investing 50$ on a lim gasket really she only needs about 500 in parts, hub, axle, sway bar link, motor mounts and condenser .. Even if I had to invest another couple hundred I wouldn't complain because I'm still wayyyy under book value
07-09-2013
98ctd--Originally Posted by 98ctd
LOL, quoted for truth.
Bought my car for two grand and have spent some 1500 on it since then, all free labor courtesy of myself. Now, I knew going in that it had bald tires. But I've saved the old man at least five grand because I had a second car to loan him while I fixed his up - thus removing his need to junk his current car and buy another one.
07-09-2013
Mines costed more than I paid for it but its mostly stuff that needed replacing anyways. Some of the stuff could have waited but I like everything in working order.
07-09-2013
I could say my car right now, My GP GT has become a " money pit" because I have close to what I paid for it or even a little more into it. It still has things that need to be done as well, nothing that is making the car un-drivable but sooner or later need to be fixed. I know there are times I get so pissed at it and say its a money dump and rant about not wanting it but at the end of the day I never could. My mother had a Van she and my dad bought brand new and had it till the end of its days. They put so much money into it but they kept it because they loved it. They would of had it forever but my mother was in an accident and it was totaled. I could never get rid of my car because I love it and I feel its worth putting the money into. It has a solid body, no damage to it or the frame, never in an accident and is in overall awesome shape.
I believe I paid 3800 for mine I would have to look at the paperwork to be 100% sure but since I have had it, I have had to replace the trans, MAF Sensor, front axle, cv boots, back passenger window regulator, and I am sure there is more I am forgetting. AS well as your norm. stuff like tires.
So I guess I could say even though my car is slightly money dump which gonna happen with any car, I still have mine and plan on keeping it.
Originally Posted by SDGTP99
07-10-2013
Last year my grandmother passed a 1994 Astro Van down to me that had 186,000 miles on it around the time of her passing away. The van has cost me $3,000 in repairs, the van is only worth $1,800 in excellent condition. Heck the van would've have cost me a lot more than $3,000 if I didn't have a good friend/ shade-tree mechanic do all my work. He only charges $30 an hour, doesn't do unneeded work and lowers the price if its a big job.
Would I get rid of the van, hell no. That van has been in the family since March of 1994. Plus became an extremely reliable vehicle once I fixed the kinks. Plus I love old Astro vans because they are built more like a truck than a van. In fact most of the vans issues were because the van wasn't taken care of prior to having it handed down, plus typical wear and tear issues. In 19 years the only time the van left someone stranded was when the original fuel pump went out last year.
Now the Grand Prix on the other hand has no excuse for being the money pit it has became. For one I paid $4,000 for the car, for two I bought it with only 143,000 Miles. Plus the car is a lot newer than the van as well, even using OBCII computer system instead of OBCI. When I bought the car it had a bad transmission, bent axle, bad ball joint, bad inner tie rod ends, mismatched and bad spark plugs, bad tires, broken fog light assembly, faulty thermostat and now very possibly a bad wheel hub.
I haven't even put 2 K miles on it since February. That isn't even an oil change cycle. At least the dealer did take care of the tranny, axle and tie rod ends under warranty. All but the fog light assembly and the possible wheel hub were bad when I purchased out. The dealer even said the faulty thermostat and ball joint wasn't an issue. The person I live with won't even drive the car and prefers the Astro van even though the GP gets much better gas mileage due to all the issues. Not to mention the car was out of alignment and battery was bad when purchased.
Wish I didn't get rid of the T-bird. Would still be here if somebody didn't put 20,000 miles on an oil change to save money. He was the only one using the car for an entire year and didn't take care of it at all. The first 2 years I had the car the only thing wrong with it was the radiator fan and a fan belt went out. One of the most reliable cars I ever had.
Last edited by gamefreak; 07-10-2013 at 06:09 PM.
07-11-2013
Aren't things like a bad transmission, bent axle, alignment issues, ignition issues and broken fog lights thing you would notice when driving the car before you buy it, or looking at it before you buy it?
07-11-2013
Sure seems like it
07-11-2013
Money pits? All I buy are fords. You guys have no idea what a money pit is.
Sent from my SPH-D710 using Tapatalk 2
07-11-2013
You are calling the car a 'money pit' because it sounds like the car was neglected by the previous owner(s). I assume the previous owner did not put $ into it so now you are the one paying for it in the end. Are you upset because it may not have been a wise purchase?
Last edited by MidnightGT; 07-11-2013 at 08:32 AM. Reason: can't type
07-11-2013
Sounds like a lemon to me. Personally unless I got the car for hella cheap I would of passed on it in a heartbeat unless your we're willing to put in the work.
07-11-2013
My GTP, lol.
07-11-2013
^^ this LOL.
I have yet to see a dealer sell a car in that bad of shape gamefreak. I had mine a good year before that even happened ( the tranny) and it had i think at the time 157k on it. I had to replaced the wheel hubs on mine at 160k. I mean have done a bit of stuff between 157k-163k it has on it now not all at once like that.
Originally Posted by SDGTP99
07-11-2013
I am upset that I was not more wise when checking it out. The guy sold 2 good cars to my surrogate brother and I bought it because I trusted the guy. My car handled so well on the test drive and my GF wanted it so much. Her and I both loved the previous T-bird and the GP coupe was the closest thing to it. Usually I am better about that kind of stuff, which means I take my mechanic with me to check it out.
I just don't like that while the car was under warranty I had a hassle trying to get the shop to get the work done.
However do agree it seems like the other owner may have gotten rid of the car because the neglect was catching up to him.
Oh well, Its fixed now, just needed the lights. (not the whole fog light assembly) Do like the car though, shouldn't cause any more issues for a time to come.
07-11-2013
Don't like to double reply but the car was my 1st car purchase. The T-bird was purchased my my GF's parents. At least I did extensively review the car online before buying. Looking for something with decent gas mileage, a reliable engine and transmission and was relatively inexpensive to maintain. Plus had some nice legroom for a tall person such as myself. A friend of mine has a 02 Impala that just never dies, for the most part he just does regular maintenance.
07-11-2013
Money pit? You wanna talk about a money pit? Pick up an 87 grand national and then you'll know what a money pit is......
07-11-2013
My boyfriends friend bought a money pit right out the gate. It was a 96 eclispe- ****ty paint job, trans was needing replacing not sure how the heck it was running, the turbo pipes we trashed and the turbo you could tell was crap and was most likely getting to the point of no longer working, the inside was shot, if you drove it to far aka were gonna drive in it for more than like... 2 minutes, it would start to smell like gas on the inside and you would have to get out, none of the windows worked, the trunk didn't stay open, the ac and heater didn't work, radio didn't work and it was one heck of a bumpy ride. He paid I think close to a grand for it... still in the same shape too. Think the owner before him took it back cause he never finished paying him the full amount... but yeah was a massive money... pit
Originally Posted by SDGTP99
07-11-2013
All cars are money pits...
07-11-2013
That is downright horrible!! How can someone abuse a car that bad.
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