Hi folks,
Looking for some advice on what to do with my Schumacher. I picked it up recently and it now owes me about £300 in total having done some small fixes and odds and ends.
It's on 63k miles and all the original Schumacher parts are still on the car, it's in red which I think is the nicest colour.
However it needs some substantial money spending on It.
Faults include:
- 99 percent sure head gasket is gone, random misfire code and CEL along with lost coolant and milky oil on the cap and in the inlet manifold.
- Roof clear coat is peeling as is rear bumper, needs sanding back and new top coat as a minimum.
- Inner arch rears are rusty, not the top of the arch just the rearmost thin panel.
So my question is what to do with it? Options are
1.DIY the head gasket for about £100 and maybe a long weekends work. Sell on for £400 and break even.
2. As above but spend a further £200 on sorting the rust and roof leaving the car owing me (and thus needing to sell for) £600.
3.Do one of the above and keep the car for a year, values may rise slightly and I'd get to enjoy the work I put in?
4.See if I can get £300 for it as it is (still has some MOT too) and just get rid.
5. Break to recoup my £300.
Any thoughts welcome, it's something I know I'm going to stew on!
Cheers
Looking for some advice on what to do with my Schumacher. I picked it up recently and it now owes me about £300 in total having done some small fixes and odds and ends.
It's on 63k miles and all the original Schumacher parts are still on the car, it's in red which I think is the nicest colour.
However it needs some substantial money spending on It.
Faults include:
- 99 percent sure head gasket is gone, random misfire code and CEL along with lost coolant and milky oil on the cap and in the inlet manifold.
- Roof clear coat is peeling as is rear bumper, needs sanding back and new top coat as a minimum.
- Inner arch rears are rusty, not the top of the arch just the rearmost thin panel.
So my question is what to do with it? Options are
1.DIY the head gasket for about £100 and maybe a long weekends work. Sell on for £400 and break even.
2. As above but spend a further £200 on sorting the rust and roof leaving the car owing me (and thus needing to sell for) £600.
3.Do one of the above and keep the car for a year, values may rise slightly and I'd get to enjoy the work I put in?
4.See if I can get £300 for it as it is (still has some MOT too) and just get rid.
5. Break to recoup my £300.
Any thoughts welcome, it's something I know I'm going to stew on!
Cheers