2o6 Flip Car thread!

Started by 2o6, September 11, 2012, 10:11:57 AM

2o6

Another target


2008 Nissan Altima S

140K

http://dayton.craigslist.org/cto/5884330132.html


Bad CVT Auto


Purchase price - $1750?

CVT trans is about $850....plus another $500 for install


KBB puts it at $4600. I sell my cars at "very good". I usually let them go with no CEL, clean interior and exterior, and good tires.

12,000 RPM

How much does that reconditioning cost? $500? Seems like that will be cutting it close
Protecctor of the Atmospheric Engine #TheyLiedToUs

2o6

Quote from: 12,000 RPM on November 22, 2016, 11:33:17 AM
How much does that reconditioning cost? $500? Seems like that will be cutting it close


Too late, it's sold.

2o6

Ok, I just picked up


2007 Scion tC. 2.4L. Five speed.


Engine took a shit.


Profit is slimmer. However, the car's super nice.

ifcar

The last successful Scion model, nice. What are the numbers you're looking at for this one?

2o6

OK, So I bought the car


$1200 - Purchase price

$1100 - used engine (THESE ARE SO FUCKIN EXPENSIVE)

$500 - labor mechanic

$110 - tax/title/registeration

I'll be in it about $3000.


However, the car is only worth $3500, maybe $3750 if I push it. Profit is slimmer on this car.

2o6


giant_mtb

What's with the tape on the back?

Cookie Monster

Quote from: giant_mtb on December 03, 2016, 03:50:07 PM
What's with the tape on the back?

Those trunk handle plastic thingies love to crack and fall off.
RWD > FWD
President of the "I survived the Volvo S80 Thread" Club
2007 Mazda MX-5 | 1999 Honda Nighthawk 750 | 1989 Volvo 240 | 1991 Toyota 4Runner | 2006 Honda CBR600F4i | 2015 Yamaha FJ-09 | 1999 Honda CBR600F4 | 2009 Yamaha WR250X | 1985 Mazda RX-7 | 2000 Yamaha YZ426F | 2006 Yamaha FZ1 | 2002 Honda CBR954RR | 1996 Subaru Outback | 2018 Subaru Crosstrek | 1986 Toyota MR2
Quote from: 68_427 on November 27, 2016, 07:43:14 AM
Or order from fortune auto and when lyft rider asks why your car feels bumpy you can show them the dyno curve
1 3 5
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2 4 R

2o6

Quote from: Cookie Monster on December 03, 2016, 04:05:22 PM
Those trunk handle plastic thingies love to crack and fall off.


There's a recall on it too, so hopefully I just need to take it by the Toyota dealer and they'll fix it up

ifcar

I'd have expected these to be worth more than that, but I guess I'm still thinking of it as newer than it is.

2o6

Quote from: ifcar on December 04, 2016, 12:04:06 PM
I'd have expected these to be worth more than that, but I guess I'm still thinking of it as newer than it is.


I also think the death of Scion has also made the resale drop. An equivalent Camry Solara is about $1000 more expensive.

ifcar

Quote from: 2o6 on December 04, 2016, 06:34:45 PM

I also think the death of Scion has also made the resale drop. An equivalent Camry Solara is about $1000 more expensive.

If so, probably the death of Scion's relevance -- which goes back years -- more than whether Toyota chose to keep the name alive or not.

2o6

Plot twist - looks like I bought an engine, but the old engine actually may be salvageable. My friend is going to take the 2AZFE that's "bad" and repair it. Probably new bearings and a balance shaft.



Then I'll find some sort of Toyota/Scion that needs that 2AZFE engine which is


2002-2009 Camry
2001-2006 Highlander
Scion tC
2nd gen xB
Corolla XRS/Matrix XRS/Vibe GT (2009+)

AutobahnSHO

Will

2o6

I can never just do one at a time


I bought a Mazda 6 today - it's not a base model, but it's got cloth interior.



2007 Mazda 6, 2.3L auto


Needs engine.

$1000.

2o6

OK, so let me do a formal cost analysis.


Scion tC.


Purchase price - $1200

Engine Price - $1100. This is kind of a big deal, this was the cheapest 2AZ that I found. The junkyard wanted $1400. I bought it from a guy who was parting out cars he bought at auction, and what looked to be an illegal scrapyard.

Labor - $500 (I might pay him a little extra since he's a friend and it's Christmas and he had a hard time with this motor. Believe it or not, the Scion tC has less room to maneuver in the engine bay than the Corolla/Matrix/Vibe.)

Tax/registration - $120

Rear handle - $60


The car is in exceptional shape inside and out, shouldn't need any detail. Also the budget for this car is tight, so I can't afford a detail. I do want to take the black plastidip off, but it's 20 degrees Fahrenheit so....


Total invested - $3000.

KBB price - $3500-3650

Potential profit - $500-650. Not a big profit, but solid enough.





2o6






Also Purchased -


2007 Mazda 6 (I think it's a grand touring? It might be a "sport". It's not a base, tho). Automatic, 2.3L four cylinder. New tires. Not a spot of rust, which for Ohio, is super rare.

Only 89K miles! Which is probably the lowest mile flip I've ever bought.


Purchase price - $1000

Engine price - $600-1200. I found a few choices, my "trusted" 'yard has one for $1200. But I found another shop that has a lot sitting around (probably old fleet cars parted out) for $600.

Labor - $500, again.


It may need a brake job, and the headliner is sagging.


Book value is about 4k, to $4500.


Potential Profit - $1500- to $2500, depending on the needs.

MrH

Your mechanic is a saint.  $500 per engine swap is sooooo cheap.
2023 Ford Lightning Lariat ER
2019 Acura RDX SH-AWD
2023 BRZ Limited

Previous: '02 Mazda Protege5, '08 Mazda Miata, '05 Toyota Tacoma, '09 Honda Element, '13 Subaru BRZ, '14 Hyundai Genesis R-Spec 5.0, '15 Toyota 4Runner SR5, '18 Honda Accord EX-L 2.0t, '01 Honda S2000, '20 Subaru Outback XT, '23 Chevy Bolt EUV

2o6

Quote from: MrH on December 14, 2016, 11:07:17 AM
Your mechanic is a saint.  $500 per engine swap is sooooo cheap.

That's about right for a basic 4cyl Japanese car. A few other places would do it for $400. That's about 10 hours of work at $50 an hour.



If it was a bigger engine, he'd charge me more. He was gonna charge me $650 for a V6 accord.

12,000 RPM

Quote from: MrH on December 14, 2016, 11:07:17 AM
Your mechanic is a saint.  $500 per engine swap is sooooo cheap.
That's about what I paid. With a lift and know how it's probably 1-2 days work. Not bad money at all.
Protecctor of the Atmospheric Engine #TheyLiedToUs

Cookie Monster

Man, $50/hr for mechanic work. Living in the middle of bumfuck... i mean Ohio... has it's advantages. :lol:
RWD > FWD
President of the "I survived the Volvo S80 Thread" Club
2007 Mazda MX-5 | 1999 Honda Nighthawk 750 | 1989 Volvo 240 | 1991 Toyota 4Runner | 2006 Honda CBR600F4i | 2015 Yamaha FJ-09 | 1999 Honda CBR600F4 | 2009 Yamaha WR250X | 1985 Mazda RX-7 | 2000 Yamaha YZ426F | 2006 Yamaha FZ1 | 2002 Honda CBR954RR | 1996 Subaru Outback | 2018 Subaru Crosstrek | 1986 Toyota MR2
Quote from: 68_427 on November 27, 2016, 07:43:14 AM
Or order from fortune auto and when lyft rider asks why your car feels bumpy you can show them the dyno curve
1 3 5
├┼┤
2 4 R

2o6

Quote from: Cookie Monster on December 14, 2016, 02:59:19 PM
Man, $50/hr for mechanic work. Living in the middle of bumfuck... i mean Ohio... has it's advantages. :lol:


How is this different?


A shop would charge about $100 an hour for a basic honda, but that has a lot of shop costs wrapped up in it. The Mechanic himself probably takes away less than what I'm paying him for the equal amount of work.


This guy is doing this at his house, and I'm paying him in cash.

2o6

I mean, a flat-rate tech would be getting paid maybe $28 an hour.

Eye of the Tiger

We charge between 300 and 400 for engine swaps where I work. But we don't deal with the customer service bullshit. Less overhead.
2008 TUNDRA (Truck Ultra-wideband Never-say-die Daddy Rottweiler Awesome)

2o6

Better pics of the Mazda.


The Scion is stalled, my mechanic has been busy for the holiday, and he ran into a few issues.



The Mazda I haven't even bought the engine yet.







FoMoJo

"The only reason for time is so that everything doesn't happen at once." ~ Albert Einstein
"As the saying goes, when you mix science and politics, you get politics."

giant_mtb

Typical froggy Mazder headlights.

2o6


Gotta-Qik-C7

2014 C7 Vert, 2002 Silverado, 2005 Road Glide