5 Places To Find Cars For Sale With Blown Engines - Car, Truck And Vehicle How To Guides - Vehicle Freak (2023)

FAQs

Will CarMax buy a car with a blown engine? ›

The short answer to this question is yes, they do. CarMax buys cars in all types of shape. They buy cars with transmission trouble, engine trouble, blown head gaskets, bad clutches and more. CarMax will buy almost any vehicle.

Are there any requirements my trade-in must meet to be accepted? Yes. Carvana will accept your vehicle if it is newer than 1992, the odometer is in working condition, and we are able to safely perform a test drive. We'll also accept vehicles where registration is expired (except for California).

End of the year, month and model year

In terms of the best time of the year, October, November and December are safe bets. Car dealerships have sales quotas, which typically break down into yearly, quarterly and monthly sales goals. All three goals begin to come together late in the year.

Often, 100,000 miles is considered a cut-off point for used cars because older vehicles often start requiring more expensive and frequent maintenance when mileage exceeds 100,000.

AutoNation, the largest automotive retailer in the U.S., recently introduced its One Price model, offering fixed pricing for its pre-owned cars. Nationwide used-car superstore CarMax has long been known for its no-haggle pricing.

Best State Overall: New Hampshire

New Hampshire wins the best state overall to purchase a vehicle due to low purchase prices and state sales tax exemption. New Hampshire does not levy additional fees and taxes on the purchase of a used vehicle, making it the best state for a new or used car purchase.

Which used car is best to buy? ›

Maruti Suzuki Swift is the best used car to buy in India due to its affordability, reliability, and practicality. Which used car brand is the most reliable? Maruti Suzuki is the most reliable used car brand due to its trust and legacy of more than four decades.

According to this trusted organization, the most reliable cars for 2021 are from brands such as Audi, Buick, Hyundai, and Toyota. The Consumer Reports study is based on surveying more than 400,000 people who own current-generation vehicles made within the last three years.

Seasonally, the best time to buy a car typically coincides with the ends of sales cycles — the last days of the month, quarter, or fiscal year. Most dealerships and salespeople work on commission and have quotas to meet each cycle (month, quarter, and year) to net big bonuses.

It is possible to get a car loan without an employment history, but it may take a little longer. Anyone looking to secure car finance needs to be able to reassure a lender they can keep up with the repayments, so having employment – or an employment history – certainly helps.

The value of a vehicle with engine problems depends on numerous factors including the year, make, model, mileage, condition, location, and more. If your engine blows up on you and you want to sell it, we can pay anywhere from $500 to $10,000 or more depending on what kind of car you have.

If you have collision and comprehensive, then your vehicle may be covered if the engine is damaged in an accident or by an event outside of your control. A blown engine that's the result of a mechanical failure or wear and tear won't be covered by comprehensive or collision coverage.

Yes, we buy damaged and cars in need of repair. We do recommend that you declare any faults or damage as they may affect your final valuation.

Regardless of the age of the vehicle, we again found that Carmax is the best bet for a seller looking to get top dollar. The difference in offers is particularly pronounced for vehicles produced in the last six years, as well as those from 2009 and earlier.

Once Carvana buys the vehicle, it is sent to one of our inspection centers for reconditioning and a 150-point inspection. This vehicle quality inspection includes everything from a brake check to an oil change, as well as checking for any damage that may have occurred during transport.

Prices Are Higher

We've seen it many times. Carvana spikes up the cost of all cars in their inventory to make sure you're the one covering the costs of their business model. We guarantee you, you're much more likely to find great deals on used cars at one of our car dealerships under Prieto Automotive.

What is the cheapest month to buy a car? ›

According to Edmunds data, December has the year's highest discount off MSRP — 6.1% on average — and the highest incentives. Automakers and dealerships want to close the year with strong sales. They also want to get rid of the prior model-year cars that are taking up space, so they're motivated.

Best day to buy a car

Conventional wisdom suggests that weekdays are the best time of the week to buy a new car, but new research has found otherwise. Car buyers might be better off going to the dealership on Sundays, when they can save an average of 10% off MSRP, according to a 2020 study by TrueCar.

In the U.S., the Manheim Used Vehicle Value Index — which measures the prices dealerships pay for used cars at auctions — hit a high of 257.7 in January 2022 and has since fallen to 222.5 in January 2023. Overall, J.P. Morgan Research predicts used car prices will decline by roughly 10% in 2023.

Depending on how well you treat your car, you could potentially reach over 500,000 miles. In fact, there's a driver whose car reached even more than that.

When buying a used car that's 10-years-old or older, your primary concerns are purchase price and reliability. Don't pay more than that 10-year-old car is worth. And, pick a car with a solid reputation for dependability. No car is really too old if you follow those rules.

A wary buyer should use as a general rule of thumb that most cars are driven 12,000-15,000 miles per year. If a vehicle is 10 years of age, it should have between 120,000 miles and 150,000 miles on the odometer.

Initiate bargaining by asking something like, "Is that your best price?" Take a polite, positive approach. Body language and facial expressions play a big part. Look interested, but not so eager they'll feel confident you'll buy regardless. Smile and be friendly, but be prepared to walk away if necessary.

Come to the showroom with a figure in mind and stick to it. Be polite, firm, and direct. Tell the sales guy your price and instruct them to get the paperwork ready if they can match it. Leave them your phone number, and walk away if they can't.

And the Cheapest State to Buy a Car is…

New Hampshire is the overall winner in the cheapest state to buy a car race because of the state's super low registration fees, and no sales tax. Florida slides into second place with a diverse inventory, and car prices that are 10% below the national average.

What is the easiest state to buy a car in? ›

New Hampshire is the best state to buy a car in general.

You can save money upfront because there are no state sales taxes, and the registration fees are low. The insurance premiums in the state are also pretty low. The average cost of having a car in New Hampshire is about $2,691 per year.

Among the models with the greatest potential lifespan, Toyota Sequoia topped the list, with the ability to travel nearly 300,000 miles, followed by the Land Cruiser, according to a recent iSeeCars study, which analyzed more than 2 million cars over the past 20 years to see which vehicles could last the longest.

Maruti Suzuki Alto 800

Parts are cheap and the car is easy to maintain. It is small and powerful enough to zip in and out of traffic with the minimum of fuss. Parking is fuss free and very easy. The great fuel economy the Alto 800 offers makes it an automatic choice to our list of best cars for beginners.

RepairPal Most Reliable Car Brands for 2022-2023:

Toyota once again wins the top spot with Honda, Kia, Lexus, and Acura completing the rest of the top five.

Toyota earns the top spot as the best automaker for dependability. Toyota vehicles are known for their longevity, and they are proven to last longer than any other brand. Toyotas are built so well they have below-average maintenance and repair costs, which helps contribute to why they remain on the road for so long.

Contrary to what you might assume, it's the summer months that see the most cars break down. Over 25 percent of breakdowns occurred in July, August and September compared to 22.8 percent in January, February and March.

Prices could drop up 5% for new vehicles and 10% to 20% for used vehicles in 2023, according to a report in November from J.P. Morgan. The basis for the prediction is that demand has stabilized and vehicle inventory is improving.

A final resort for the dealer with vehicles that don't sell at the dealership is to sell them at an auto auction. Most areas have auto auctions that are frequented by new- and used-car dealers.

How to get a car without money? ›

Consider auto dealerships, local credit unions, banks, or alternative loan providers. Research current auto loan rates online, and look for specialized online lenders that offer low-rate auto loans without down payment requirements.

Find a Co-Signer

Getting a co-signer is one of the best ways to get an auto loan when you're unemployed. The co-signer agrees to take over your loan payments if you default on the loan. Choose a co-signer with a high credit score and good debt-to-income ratio to improve your chances of being approved for an auto loan.

How Much Is My Car Worth With A Blown Engine? Without a functioning engine, you can expect to get at least $3,000 less for your car as a sales price than you would get for a functioning vehicle. So if your vehicle is worth $10,000 in good condition, you should expect to get something closer to $4,000 to $7,000 for it.

"Minor imperfections have little impact on our appraisal offer, but major defects like frame or flood damage do," says Tom Marcey, CarMax's vice president of regional merchandising. Once one of our appraisal team has looked at your car, they'll let you know what your car is worth and will make an offer.

The short answer is 'YES'. You can sell a car with a blown engine. From a legal standpoint, your car has to be in the condition you describe it in. If your engine is blown and won't start, it's pretty clear to a buyer: they're going to need to do some engine work.

You can arrange to surrender the collateral (the car with the blown engine) to the bank. The little or nothing that they get from salvage value should then be deducted from the remaining balance owed, which you can expect them to sue you for.

Well, let's just say you will almost certainly require the help of an expert mechanic. A typical engine rebuild is between $2,500 and $4,000 in parts and labor costs. This type of engine repair might include simply replacing bearings and seals, and obviously taking the engine out and re-installing it.

The Engine - The heart of your vehicle, your engine retains some value even if your car is old. Even when they require repair, you can sell your engine to rebuilders and, if it can pass inspection, it can be resold. A used engine can run between $1000 - $3000 on average, after labor for the removal is factored in.

File a Complaint with the Better Business Bureau

File a complaint against CarMax with the Better Business Bureau. The BBB may be able to assist you. You can also review other complaints drivers made to the BBB about CarMax and learn whether the company responded to them.

How old of a car will CarMax buy? ›

The vehicles are generally five-years-old or newer though most of their cars are three-year-old off-lease vehicles. CarMax also offers a seven-day return policy and 90-day or 4,000-mile limited warranty on all vehicle purchases.

If you have collision and comprehensive, then your vehicle may be covered if the engine is damaged in an accident or by an event outside of your control. A blown engine that's the result of a mechanical failure or wear and tear won't be covered by comprehensive or collision coverage.

If you do have a blown engine, whether or not it can be fixed depends upon the extensiveness of the damage. If the damage is minimal, and a few parts can be replaced, the problem can be fixed. However, if the damage is great and impossible to repair, you may need a complete engine replacement.

An average traditional gasoline engine will cost between $4,500 and $6,000 to replace with a new engine. Even a used engine may cost you around $3,000 to $4,000. In comparison, a new V8 engine will cost you about $7000.

Auto loans don't disappear when the car owner passes away. Any debts the person owed in life will still need to be paid. Typically car loans have a death clause that details the repayment process if the borrower dies. If there's a will, the heir or heirs might inherit the loan along with the vehicle.

If you purchased Guaranteed Asset Protection (GAP) insurance when taking out your car loan, it should pay the difference between the value of the vehicle if it is totaled and the amount remaining on your loan. Many auto lenders require such coverage– so check your policy or contact your insurance agent.