92 dx, the headaches that are mine
#23
You made several bad decisions here.
First of all, everyone knows that bodywork is expensive, especially serious things like fixing HOLES of rust. Taking the perspective of just a everyday driver (not a hardcore enthusiast who wants a specific model and wants to do a "build" and doesn't mind paying to have it fixed up), which the original poster seems to be, it's generally a pretty stupid idea to buy a car with holes of rust and pay to fix them. People usually either leave them the way they are and just use it as a cheap a-b car without caring about the body, or they just buy a non-rusted car in the first place. This should be kind of obvious here when you look at how much it costs to fix rust, and weigh it out whether it's worth it or not in terms of resale value.
For example, let's say you paid $1500 for the car, and the body work costs you $2500, that'd 4 grand. You can buy yourself a NICE 99-00 Civic for 4 grand, with zero rust, easy. Many EKs, espeically the newer ones, have no rust at all, or just surface which is easy/cheap to fix. And then at the end of the car is still going to be worth maybe 500 less (due to depreciation) after a year of driving, while your older car that you paid to have work on is not really worth much more after you dumped your $2500 into it, because assuming both cars have no rust on both cars, say a 2000 Civic is worth $4000 why would someon pay anywhere near that for your 1992 one. The newer car is more appealing. You MAYBE got $500 boost in resale value from getting rid of the rust, thus you lost $2000.
Anyways, bodywork aside, yeah... if you don't know much about cars then you get a mechanic to look at it before you buy it. It only costs $50, and then you'll know if it's a good deal or not. It's common sense. If you go buy a house, you get it inspected because there are things that you are not knowledgeable enough about to make an assessment about it. Same thing with a car..
I'm not trying to be an *** here at all, I'm just explaining my thinking. Now that you've sunk the money into it you might as well keep it, because you'll be taking a huge loss if you sell it.
First of all, everyone knows that bodywork is expensive, especially serious things like fixing HOLES of rust. Taking the perspective of just a everyday driver (not a hardcore enthusiast who wants a specific model and wants to do a "build" and doesn't mind paying to have it fixed up), which the original poster seems to be, it's generally a pretty stupid idea to buy a car with holes of rust and pay to fix them. People usually either leave them the way they are and just use it as a cheap a-b car without caring about the body, or they just buy a non-rusted car in the first place. This should be kind of obvious here when you look at how much it costs to fix rust, and weigh it out whether it's worth it or not in terms of resale value.
For example, let's say you paid $1500 for the car, and the body work costs you $2500, that'd 4 grand. You can buy yourself a NICE 99-00 Civic for 4 grand, with zero rust, easy. Many EKs, espeically the newer ones, have no rust at all, or just surface which is easy/cheap to fix. And then at the end of the car is still going to be worth maybe 500 less (due to depreciation) after a year of driving, while your older car that you paid to have work on is not really worth much more after you dumped your $2500 into it, because assuming both cars have no rust on both cars, say a 2000 Civic is worth $4000 why would someon pay anywhere near that for your 1992 one. The newer car is more appealing. You MAYBE got $500 boost in resale value from getting rid of the rust, thus you lost $2000.
Anyways, bodywork aside, yeah... if you don't know much about cars then you get a mechanic to look at it before you buy it. It only costs $50, and then you'll know if it's a good deal or not. It's common sense. If you go buy a house, you get it inspected because there are things that you are not knowledgeable enough about to make an assessment about it. Same thing with a car..
I'm not trying to be an *** here at all, I'm just explaining my thinking. Now that you've sunk the money into it you might as well keep it, because you'll be taking a huge loss if you sell it.
#24
Your civic looks pretty good. I know you have spent a lot of money on your ride so far and at this point I'd probably just drive it until it dies. After all of that, I'd try to get the absolute most of it and then some more after that.
#25
I agree with BlitzSix, you've put more than the original cost of the car to get it running and to get it running safely already. you're probably best of just keeping it now. Or you could chop it, sell the parts, and buy a better civ LOL.
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