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98 Accord EX-L i4 4dr worth?

Old Nov 30, 2009 | 09:21 PM
  #1  
emaxxman's Avatar
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Default 98 Accord EX-L i4 4dr worth?

Hi all,

I just bought a new TSX and have to figure out what to do with my 98 Accord. Sedan, i4, EX-L (factory installed leather). 196K miles.

It will need transmission work (min $1800). The check engine light is on with a transmission "error" code. The transmission shop cleaned out the solenoids twice and there are still shavings in it. They think it's the clutch pads going but can't be for sure unless they open up the transmission...at that point, it's $1800 min.

The rest of the car runs very well. My regular mechanic and trans guy said the engine and all other systems are very good. A/C/Heat are great. Leather is good condition except for some cracking on the driver's seat.

Paint has severe clear coat failure though. It would need a repaint.

Kelly Blue Book won't give a value for poor condition.

I'm realistic and don't expect a ton for it...but what do you think it could realistically sell for?

I'm asking because if it's not much, I would just donate it or give it to my in-laws who could use a reliable car (albeit they would have to put some money into it).
 
Old Dec 1, 2009 | 12:01 AM
  #2  
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Well, a 98 in good condition (working trans, decent paint) would go for about $4100-4300. I paid $4700 for my 99 5spd with 168k and decent paint, which both KBB and NADA said was too high.

Realistically, I'd list it at $3000-3500 if only the light is on and the tranny is slipping little to none. If the D4 light is flashing and/or the transmission slips pretty bad, I'd list it at $2500-2750 and work down from there with potential buyers. Maintenance records of at least 1 (2 preferable at 196k, since it's almost due) timing belt change would probably up your odds of selling it.
 
Old Dec 1, 2009 | 12:03 AM
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Also, look into donating it to a tech school. I know that my school will allow you to deduct full NADA value from your income taxes.
 
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