When you’re looking to sell a car with a transmission issue (or any other serious problem), it’s best to make the sale yourself or use a car buying service. This way, you’ll be able to receive more money for your “junk” car, compared to if you had taken it to a dealership or opted for a trade-in.
How much can I sell my car for with a bad transmission?
If you’re thinking about selling a car with transmission issues, you should expect to get roughly 50 percent of what your car is worth while functioning. For instance, if your car is worth $10,000 in good condition, you might get offers around $5,000.
Can you trade in a car with a slipping transmission?
Can you trade in a car with a bad transmission? In many cases, you can. Dealerships are often equipped to fix the problem, but it’s going to cost you on your trade valuation. … They’ll play it safe and pay you a penance for your car with transmission problems.
Can I sell my car with transmission issues?
Yes, you can sell a car with a bad transmission. There are no laws against selling a vehicle with mechanical problems. However, you must be transparent with any buyers about the condition of the vehicle. Make sure to describe the problem with the vehicle, whether it runs or not and whether it is repairable.
How do you value a car with a bad transmission?
You can sell your car for scrap value. If it is old and has high miles on it, find out what it is worth on Kelley Blue Book. Compare the value against the cost for a rebuild or replacement transmission, and you will most often find it costs more than the car itself is worth.
Will CarMax buy a car with bad transmission?
For cars with a bad transmission, CarMax will buy them most of the time, but the offer they give you will be significantly lower than a car in good condition.
What’s the average cost to replace a transmission?
On average, replacing a vehicle transmission costs around $2,600, with average prices the replacement of a transmission ranging from about $1,800 to $3,400 in the US for 2020 according to TransmissionRepairCostGuide.
How much does a bad transmission affect trade in value?
Since they don’t know what else is wrong, their offer will be even less. Here’s a rough idea for you: if your car is worth $10,000 before your transmission troubles and transmission repairs are around $2,000, expect to lose about double the cost of the repairs – your car is probably worth around $5,000 to $6,000.