I'm going to look at a 1991 Civic Si tonight. Guy from my church is selling it. It's got somewhere in the neighborhood of 100,000 miles on it, after market rims, a CD player, CB radio, alarm, & has been well cared for at least as long as he's had it. Only problems with it are a possible bad oxygen sensor that causes it to stall occasionally at certain RPM/gear combinations, & it's had some minor body damage that was repaired (front headlight was broken, & minor front bumper damage when he was hit). Kelly Blue Book Trade In/Retail values are ~$3250/~$6000. The 02 sensor would cost around $140 for the part, & I don't know about labor cost. He's asking $3,000, but I can probably get it for less.
The way I see it:
Pros:
- It's a Honda, it's going to be reliable.
- It's cheap. I can give him $1,000 cash right now, another $500 in a week, & make two $750 payments over the next 8 weeks & have it paid off.
- 36 mpg. I have to commute 50+ miles a day for work.
- Front wheel drive = good for the snow that'll be here in a few months.
- Only a 1.6 liter, not likely to get me into too much trouble.
- Buying from someone I know & trust.
- In 3 months I'll have a car I can re-sell for a down payment on a better car, without having to worry about acquiring financing now. I'm quite sure he's willing to let me make payments.
Cons:
- Fairly high mileage.
- Has been in an accident, albeit minor.
- Only a 1.6 liter, not likely to please my desire for speed. But then again my last car had a 1.4 liter, & I got pulled over for passing a cop at 80...
- It's a fvckin' Civic. 'Nuff said.
Anybody have any thoughts? I've gotta get something soon, & this is lookin' like a fairly good option.
Viper GTS
The way I see it:
Pros:
- It's a Honda, it's going to be reliable.
- It's cheap. I can give him $1,000 cash right now, another $500 in a week, & make two $750 payments over the next 8 weeks & have it paid off.
- 36 mpg. I have to commute 50+ miles a day for work.
- Front wheel drive = good for the snow that'll be here in a few months.
- Only a 1.6 liter, not likely to get me into too much trouble.
- Buying from someone I know & trust.
- In 3 months I'll have a car I can re-sell for a down payment on a better car, without having to worry about acquiring financing now. I'm quite sure he's willing to let me make payments.
Cons:
- Fairly high mileage.
- Has been in an accident, albeit minor.
- Only a 1.6 liter, not likely to please my desire for speed. But then again my last car had a 1.4 liter, & I got pulled over for passing a cop at 80...
- It's a fvckin' Civic. 'Nuff said.
Anybody have any thoughts? I've gotta get something soon, & this is lookin' like a fairly good option.
Viper GTS
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