Would I be idiotic to buy a TL with 240k miles?
#1
Would I be idiotic to buy a TL with 240k miles?
http://seattle.craigslist.org/sno/cto/4968355722.html
5.5k for a 04 TL with 240k miles... Rebuild engine at 175k and rebuilt tranny 2 months ago. 100k mile warranty on the tranny... Should I go for it? What else could go wrong on the car? 😅 I feel like it's a practically new car. Thanks.
5.5k for a 04 TL with 240k miles... Rebuild engine at 175k and rebuilt tranny 2 months ago. 100k mile warranty on the tranny... Should I go for it? What else could go wrong on the car? 😅 I feel like it's a practically new car. Thanks.
#5
06 Anthracite TL
Simply put, unless the car was being given to me, I wouldn't do it. It can become a money pit at that mileage in a continually depreciating asset. KBB has its value at $3500 in good condition, so at $5500 (even if it has a new tranny), it's overpriced. Having a new engine and tranny doesn't necessarily make it worth more (it may be to the owner, but not to a potential buyer as they are expecting to get a car with a functioning engine and tranny).
If money is tight and you really must have this car, shoot for $3000-3500.
If money is tight and you really must have this car, shoot for $3000-3500.
#6
Burning Brakes
iTrader: (1)
I'd say 5500 is a bit high, but I don't think KBB is realistic - it's like minimum wage - the lowest possible but who really gets paid that? Depending on the condition of the car otherwise, and just from the initial pics, regardless of mileage, it looks to be in pretty nice shape. I'd say 4000 - 4500 is not unrealistic, maybe even 5,000 though that sounds more like independent dealer price than private party.
Have all suspension components been replaced? Shocks/struts are one of the most overlooked items as far as maintenance goes. Also, consider emissions items - catalytic converters (my car with 230K was reporting that the cats were bad - I just disabled the secondary O2s in Hondata tho, lol). If you are in an emissions testing state, that could be a HUGE expense. I don't know Washington's rules.
I don't think many sensors are known to go bad, other than oxygen sensors - the primarys are about $100 each when you shop around.
Most of the accessories will last a good long time. I think the starter has been known to go bad on autos, but just from anecdotal evidence that I've seen.
It is more reassuring that the transmission was rebuilt but I question why the engine was. Did it have an issue or was it just based on mileage? Id be more concerned if it was rebuilt for no reason.
Good luck!
Have all suspension components been replaced? Shocks/struts are one of the most overlooked items as far as maintenance goes. Also, consider emissions items - catalytic converters (my car with 230K was reporting that the cats were bad - I just disabled the secondary O2s in Hondata tho, lol). If you are in an emissions testing state, that could be a HUGE expense. I don't know Washington's rules.
I don't think many sensors are known to go bad, other than oxygen sensors - the primarys are about $100 each when you shop around.
Most of the accessories will last a good long time. I think the starter has been known to go bad on autos, but just from anecdotal evidence that I've seen.
It is more reassuring that the transmission was rebuilt but I question why the engine was. Did it have an issue or was it just based on mileage? Id be more concerned if it was rebuilt for no reason.
Good luck!
#7
06 Anthracite TL
I took a look at the CL ad, so from the look of it, I'd say $4000 to $4500 is fair based on the mileage (but again, be aware it might need some work). It's up to the seller to refuse the offer, but then they're stuck with a car they're trying to sell, so it might work out well for you if you want to roll the dice.
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#8
Team Owner
Yeah, I'd talk him down in price. 5,500 seems steep, especially when guys on here got TLs for the same price with 60,000 miles less.
#9
Suzuka Master
For $5.5k you can get a tl for half of rhat mileage.
#10
Three Wheelin'
I wouldn't even consider it
#11
I saw a post once about high-mileage cars that is common sense but really helps you think about what you're buying. When you're getting a car with 240,000 miles, it's not just the drive train that will have wear. The headlights have 240k on them, the seats have 240k, the radio has 240k, the glove box, the cup holders , the HVAC system everything. Like I said, common sense but every little thing will have more wear and higher risk of needing repair/replacement.
#13
Registered Bunny
In the end, you're still left with a car that has much less mileage, rebuilt tranny or not.
#14
Burning Brakes
iTrader: (1)
Were it a manual, I wouldnt hesitate to buy it with 240K with no warranty since they rarely have issues. Is it still a gamble? Sure, but only a Carmax purchase with their warranty isn't a gamble.
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#15
Suzuka Master
Hell i could careless for a new AT if i can get a 04-06 with under the market price i would replace that crap gear box with 06-07 accord v6 AT part and labor will come out about $1600 for me if that. Buying an MT car also have its own headache like clutch is slipping need a replacement or the throw out bearing went bad and now you will need to replace the clutch. Or much worst te privous owner over rev the car and damage the head and now you are speaking the cost more than a new tranmission.
Last edited by truonghthe; 04-10-2015 at 11:03 AM.
#16
Wow, just lost a long post>>>> jist of it was that I shopped 2 TLs at the same lot, mine and another 06 6MT black car with 180K. They wanted only $5600 from the lot, so I'd say keep looking or get the car down to $4K range.
I didn't buy that car because it kicked me out of 3rd gear pretty hard one time and that to me said tranny was used hard. But the car interior/exterior was in very good condition. I bought the more expensive car with less miles and crappier interior/exterior which sounds crazy, but I believed the engine/trans was better.
I didn't buy that car because it kicked me out of 3rd gear pretty hard one time and that to me said tranny was used hard. But the car interior/exterior was in very good condition. I bought the more expensive car with less miles and crappier interior/exterior which sounds crazy, but I believed the engine/trans was better.
#19
http://seattle.craigslist.org/sno/cto/4968355722.html
5.5k for a 04 TL with 240k miles... Rebuild engine at 175k and rebuilt tranny 2 months ago. 100k mile warranty on the tranny... Should I go for it? What else could go wrong on the car? 😅 I feel like it's a practically new car. Thanks.
5.5k for a 04 TL with 240k miles... Rebuild engine at 175k and rebuilt tranny 2 months ago. 100k mile warranty on the tranny... Should I go for it? What else could go wrong on the car? 😅 I feel like it's a practically new car. Thanks.
If you don't mind putting some time in, you expect to be fixing stuff and you have the money, then this probably isn't a bad option.
On the other hand if your looking for something you can just get into and drive, then this probably isn't what your looking for.
#20
Burning Brakes
iTrader: (1)
Hell i could careless for a new AT if i can get a 04-06 with under the market price i would replace that crap gear box with 06-07 accord v6 AT part and labor will come out about $1600 for me if that. Buying an MT car also have its own headache like clutch is slipping need a replacement or the throw out bearing went bad and now you will need to replace the clutch. Or much worst te privous owner over rev the car and damage the head and now you are speaking the cost more than a new tranmission.
Sure clutches need to be replaced, but that's a wear item. Honda seems to think that the clutches in their autos are wear items too it seems lol.
#22
Suzuka Master
06-07 accord v6 got a revise better AT, its a direct swap into the tl with AT range switch to be exception. You stated honda clutch pack wear that is toltally INCORRECT. Many transmission builder open up the tranny and agree that the clutch pack can handle power as far as 350 whp or 400whp translate to hp advertise car today is around 460 hp. The problem with the AT is the internal clearance tolerance design combine with pressure switches being off calibration which lead to excessive wear on the clutch pack. People ussually complaint about 04-06 has AT failure but lemme ask you this, how many people has the car since new? You bought the car used therefore you dont know how the previous owner treat the car. I saw some young tl owner do racing, launching and yet even D drop their tl and yet they don't even know to to replace brake pads nevermind about indepth AT care. My brother in laws bought his 06 tl back in july 2006, the car now has 140k miles with the ORIGINAL AT.
#23
One on the right for me
That seems high. I'm at a little over 250k and I would be stoked if someone wanted to give me $5,500 for the car. Honestly, its probably in the 2-3k range.
#26
Racer
LOL 244000km = 151k mi, which MAY be something to consider. But 240,000 MILES is definitely not.
#27
Senior Moderator
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OP, keep looking.
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11-12-2015 08:41 PM