I found a local 3GEN for sale that I saw today. It's a '89 LX 5spd with 143K on the clock. They're asking $1200.
Here's a pic:
The Good
-VERY clean interior (no rips or stains)
-AC converted and works
-Engine runs strong, no blue exhaust cloud
-Trans and clutch feel good
-Minimal rust around rear wheel wells (yes, this is "good" in MI)
The Bad
-Loud belt sound when driving - seems louder with more throttle and when turning (very annoying)
-Creaky suspension (the springs/struts looked rusted to me)
-Front bumper is slightly misaligned
-Power antenna doesn't work (stuck "up")
-Passenger window is about to die (bad motor?)
-Bad tint job (would remove)
I ran a CARFAX on it and everything checked out. No accidents reported to CARFAX, no odometer roll-backs, no lemon-law buybacks, and at least 2 owners (9 registrations). Looks like it started out in CA, moved to OH in '95 and up here to MI last year.
So, would you buy it?
When I got back from the test drive a different salesman came up to me and asked what I thought. I said "not bad for a grand, but it needs some work". He said, "they're going as low as $1,000?" (they're asking $1200). I said no, but was just stating it's a thousand-dollar car. He told me to offer that because it's been sitting for awhile (they bought it from auction 6 weeks ago - thank you CARFAX).
Based on what I've said above, what do you think? What could be the source of that noise I mentioned when driving (sounded like a bad belt or the power steering, I don't know). The body is pretty good for Michigan and the interior is great, but it needs some suspension work (how much for springs and shocks for these cars?).
What's it worth?
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