Pro's & Con's of buying this car, PLEASE HELP?

List it on Craigslist in a college town without photos for $3000 and see if there is any interest in it. If the responses are overwhelming...by all means buy it and flip it!

Pro

potential profit

cute fun to drive for a short time before its sold

great business experience

personal gratification fullfilling an idea

Con

Price seems like something is sketchy about the deal

Have to find the buyer in hard economic times.

19 years old

if it should break down, are parts hard to find or are they expensive

Either way, it is hard to sell a used vehicle, especially one that is 19 years old, and is classified as a girls car. This really limits your buyers.

Lets be honest, don't you think if he could sell it for a profit that he would? You are not looking at the whole picture. How many of these vehicles are there driving around your area? Would you want to buy it for your self? How hard is it to find a mechanic that works on these vehicles? How hard is it to find parts for this car? He has the price low for a reason, he just wants to have it become someone Else's problem. Will it pass smog to allow for a legal transfer of title? Too many questions and you don't have all of the answers. Slow down and take a deep breath and do some serious rethinking.

It relies upon on a great form of issues. in case you are going to purchase it from a broker, make it a huge broker, like an authorized Honda or Toyota broker. no longer Joe's automobiles down the line. or you may desire to purchase from Joe's, yet then get a third occasion to do an entire inspection on the vehicle formerly you purchase it. in case you purchase from a broker you sometimes get some form of assure that the vehicle will final for no less than a month. in case you purchase from somebody, it could get risky. in case you hit upon out that they lied to you, you will might desire to take them to a small claims court docket to get issues discovered, which finally ends up costing greater funds, and you won't even win. to purchase from somebody, you may desire to be attentive to greater approximately automobiles, or take somebody alongside who does, or take the vehicle to a shop for an inspection.

Only a fool would buy it at that price,(2995) bad idea.

You also never said how much mileage is on the car.

I would get the car checked by a mechanic.

400 says to me there is something wrong with it.

get a carfax report too...and if it's as clean as you say it is, and KBB say 2Gs for it...buy it and flip it for...say 1500? heck, if you sell it @ 800 that's 100% profit. i see nothing but pro's here---so you don't sell it. great gas mileage..it isn't august yet, plenty warm, you could drive it around with the rag down.

take it to a mechanic and get a compression test and fluid analysis as well.

if its truly $400 and a legitimate sale than its a good idea

but,

make sure you have a mechanic check it out before you buy it though.. there can always be a problem that youre not aware of and could be costly

remember if its to good to be true it probably isnt

EDIT: make sure its not a slavage title if it is you wont get crap for it

hell, buy the damn thing--if it doesn't sell right away, you can drive it for awhile