I’m refinancing this terrible loan and the bank person grimaced when they saw this.

  • Lka1988@lemmy.dbzer0.com
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    21 hours ago

    I bought my 2008 Toyota Sienna for $4500. I talked him down from $4900.

    It had:

    • 230k miles (269k now)
    • an engine replacement (2010 engine with 110k miles, replaced at 201k on chassis)
    • severely worn out sliding door rear hinges, bad enough to be grinding the body under the 3rd row windows down to bare metal
    • broken power steering rack (found that a few weeks later)
    • balding tires
    • rattle-can patch job (black paint on factory black paint, not a deal-breaker for me)
    • blown out rear shocks
    • more that I’ve forgotten (noted down in my records)

    I bought that van because 1) it was a really good price, 2) engine and transmission are in really good shape, 3) rust-free, and 4) I knew what most of its issues were before I bought it and was able to fix it all in my garage.

    Also, I have 5 kids, so the minivan was a necessity. $5000 is the bare minimum for a family car these days.