So I just stopped crying about missing that 94 2.2T earlier this week, when another good car, maybe, pops up. This one is a 96 legacy L 5 spd. with about 185,000 on it. I don't know much about it yet, but the girl that owns it drives it here from Crested Butte, 30 miles, and back every day. She says the car always runs great, but the E brake doesn't work, the speedo quit working in September, and the windshield is cracked down low.

 

She wants $1500 for it. She is the second owner. She doesn't know when the last T-belt change was, but she has all the maintenance records from the previous owners, they are friends of hers.

 

So I am going over to look at it, and tomorrow I can see all the paper work. I'm not really looking for a car. but I would love to find a couple of these to do some simple repairs on, and turn around, to help fund my CCR engine in the outback. I am thinking, windshield, parking brake probably not a big deal, it might need rear pads or a cable. Speedometer, I'm cluless, maybe T-belt/WP/seals. If I can get it just a little cheaper this might be a great car for someone.

So I just stopped crying about missing that 94 2.2T earlier this week, when another good car, maybe, pops up. This one is a 96 legacy L 5 spd. with about 185,000 on it. I don't know much about it yet, but the girl that owns it drives it here from Crested Butte, 30 miles, and back every day. She says the car always runs great, but the E brake doesn't work, the speedo quit working in September, and the windshield is cracked down low.

.

 

 

speedometer is fairly easy to fix if it is just the VSS2 that is bad, i will take ya 5 mnts to change that... e brake is minimal... and cracked windshield can be repaired...

 

so if u can offer 1200, i thnk is a deal... make sure it is a AWD, if thats what you are looking for

Two items

1) does CO in your part of the state require an IM* sticker?

* Emission

 

2) Have you ever heard / met a guy named Ted that makes

antler jewlery?

If you are going to flip cars, you want stuff REALLY cheap, and prefereably with problems that are easy to fix but make the car undrivable. Bad axles (that the owner has been led to believe is the tranny), blown non-interferance timing belts, etc. Less than $500 on the car is the rule with something that old. Because otherwise it's going to take a decade to find a buyer.

 

GD

speedometer is fairly easy to fix if it is just the VSS2 that is bad, i will take ya 5 mnts to change that...

 

Sorry, what's a VSS2?

 

Two items

1) does CO in your part of the state require an IM* sticker?

* Emission

 

2) Have you ever heard / met a guy named Ted that makes

antler jewlery?

 

No Emissions sticker

No. I know a guy named Ted that made furniture from driftwood, but he moved.

 

If you are going to flip cars, you want stuff REALLY cheap, and prefereably with problems that are easy to fix but make the car undrivable. Bad axles (that the owner has been led to believe is the tranny), blown non-interferance timing belts, etc. Less than $500 on the car is the rule with something that old. Because otherwise it's going to take a decade to find a buyer.

 

GD

 

I was going to ask, if everything else is in good shape, and I repair these items, what do you think the car is worth. I thought i might be able to make $500 or so if I got it for $1200. Is that overly optimistic?

 

Otherwise I know a young couple that might want a reliable car, and I might just point them to this one.

That is not a good car to flip for a profit. You want to buy as cheap as possible. Never have more into the car than your intended profit. Look for stuff with bad engines, bad trans, easy front hit etc. Buy for $500 sell for $2000-$3000.

I was going to ask, if everything else is in good shape, and I repair these items, what do you think the car is worth. I thought i might be able to make $500 or so if I got it for $1200. Is that overly optimistic?

 

$500.... wouldn't cover your time. Selling it for $1800 would be a chore given it's age. It's a wagon - not sporty or otherwise desireable. Not an Outback, not particularly good on mileage. Other than a Soob-head who's going to buy it?

 

(right now) I like cars that are good on mileage - lots of folks looking to pickup and older second car that is better on mileage than their excursion or truck or whatever. Corrola's, Civic's, Tercel's.... Maybe an Imp. Outbacks of course are always popular. But a regular wagon won't command much attention in the market. The object is to get it gone as soon as possible.

 

GD

just popping in......i also have a 96 legacy L 5 spd with about 188,000.......i would check for torque bind......

Two items

1) does CO in your part of the state require an IM* sticker?

* Emission

 

2) Have you ever heard / met a guy named Ted that makes

antler jewlery?

 

 

I'm dying to know how the antler jewelry is going help with the emissions...:-p

Thanks for the thoughts. For around here $1500 seems a bit low for this car, but certainly not spectacular. I think that car would sell at $2000 from what I've seem. These cars might be more popular here than most places, especially since we are in the middle of the hardest winter in over 30 years.

 

But, we are in the middle of the hardest winter in over 30 years, my driveway is going to need yet another 2 hours of snow-blowing this morning, my roof needs to be shoveled, and I don't need a car project unless it will help pay for my new Outback engine. I will go look at it, review the maintenance records, and if it looks good, see if this other couple wants it. I bet they could buy it for $1200, I can help them do some minor work, and they will have a reliable AWD for a few years.

 

Thanks again.

just popping in......i also have a 96 legacy L 5 spd with about 188,000.......i would check for torque bind......

 

Sorry, I forgot to ask this. Is torque bind common on 5 Speeds? I thought that was mostly an auto thing. I know, i know, do a search.

 

Thanks

i think from what i hear it is more prone to happen to automatics....but 5 spds do get it......i just started having the effects of it on my 96 Legacy L 5spd so i thought i would mention it

If you looking to make a few bucks this is not it. Windshield is 250.00 installed. E-brake, if you need the shoes your 70.00. I have you over 300.00 and you not done yet.

Have you ever heard / met a guy named Ted that makes

antler jewlery?

I don't think there is much of a market for antler jewelry around here. All of the deer and elk in Gunnison County are far too dignified to wear jewelry on their antlers. I think you are thinking of the wimpy critters you find on the Colorado Front Range, or in Montana.

Sorry, I should have asked via PM.

 

This gentleman, used the antlers he found that

were shed by bucks in the area.

 

He carved some serious nice stuff.

(a tobacco pipe for the president for instance)

 

I visited him in your beautiful part of the country

25 years ago. He would be in his late 40's age wise.

 

Had one serious hot GF also!!

 

He could have switched to furniture??

I do apologize for the hijack.

 

N-knee-wayz back on subject.

 

I own 6 different model Legacys

(3 turbos, a GT wagon, OhBee wagon and a VDC),

if I can of any help

with pictures ect. please ask.

Final comment on Ted: I have seen some really great antler jewelry, and there are a few people that do it. The name even sounds really familiar, I will ask around - just for fun.

 

I still haven't been able to connect with this legacy owner. She and I have both been so busy that we haven't been able to be in the same place at the same time. As has been pointed out, it's probably not a money maker. I may still check it out for my friends, but since she has owned it for three years, and it has 185k on it, and she hasn't ever done the T-belt, I suspect it is due. To me, that pushes it far beyond being an investment car. My Outback will be repaired next week, so I'm set.