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New Member
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Aug 30, 2010, 10:24 AM
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What are options for selling car that will not pass state inspection?
Hello,
First off I did not know where to place this question but I figure this seems like the best place so sorry if its not.
So my problem is I have a 1995 Lexus ES300 that has an expired state inspection and has an overheating problem that will cost 1500 to fix which is not worth it.
So I want to get rid of the car but recoup some money from it for a purchase of a new car, what are my best options?
I though of fixing it and then selling it, junk it or sell it privately as is.
I am in the state of Texas, in Harris county.
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Expert
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Aug 30, 2010, 12:12 PM
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One other option is to donate the car to charity. But be aware that you are likely to reap only a $300 tax deduction for your gift.
According to Kelley Blue Book your car has a private sale value of about $4000 or so, after it is repaired. So if you spend $1500 to repair it, you will net about $2500. That's better than junking it or donating it, and probably better than selling "as is," as there are few people willing to buy a 15 year old car that can't pass inspection.
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Expert
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Aug 30, 2010, 06:09 PM
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If you sell it, sell it AS IS and have those words on every statement page you do.
And be honest to the people buying as to what is wrong with it.
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Ultra Member
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Aug 30, 2010, 08:13 PM
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An expired state sticker doesn't necessarily mean it won't pass a renewal inspection, in my area at least. Overheating is not part of most state safety inspections.
$ 1,500 sounds steep for an overheating problem unless it involves the engine block. Have you gotten more than 1 estimate? I believe states vary significantly regarding who is responsible for the inspection. Most buyers will make the sale contingent on the inspection results, if they are permitted and willing to have it done. Maybe you could find a certified mechanic who would inspect it and give you an evaluation.
Unless you know of another problem that will affect safety inspection, that doesn't have anything to do with it. Maybe I am missing something.
From what you have said so far I think it is just a matter of cost comparisons and whether it is worth the 1,500 repair.
My state requires valid plates and insurance before they can issue a new sticker. But a preliminary safety inspection might be feasible--worth asking the mechanics anyhow.
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