So until last week I had very good condition iX with 130k miles. Unfortunately the rear end is now smashed in. There is no damage to the frame or drivetrain. A guardrail impacted the trunk perfectly below the trunk lid and the bumper so the two rear quarter panels are squished in about 4 inches and the back body panel is pushed forward at the top which angled the bumper forward with it.
So I'm trying to decide what to do. The estimates I'm getting for fully restoring it are between $5k-$7k. That actually includes a full repaint and the removal of a small dent in the front quarter panel on the driver's side since I figure if I'm going to spend a bunch of money restoring it, I might as well go all the way.
Now, $7k wasn't part of my immediate plans so I'm deciding between a few options:
1) sell it now as is
2) fix it up and sell it
3) fix it up and keep it
The big thing I don't know is what is the car worth as is and what might it be worth restored?
I looked on ebay and autotrader for comparables and was shocked to see that on both sites, there are exactly *zero* iX available nation wide. I've also heard that the value of these cars has been going up so maybe it would be worth it to fix it up.
I do love my car (and have owned it almost 9 years now) but I probably just can't afford to keep it. I have the money to restore it but I'd need to recoup that investment by selling it and getting a cheaper car (lots of regular e30 in great shape for a few K).
What does everyone think? Thanks in advance for any info and advice.
- Steve in NC
So I'm trying to decide what to do. The estimates I'm getting for fully restoring it are between $5k-$7k. That actually includes a full repaint and the removal of a small dent in the front quarter panel on the driver's side since I figure if I'm going to spend a bunch of money restoring it, I might as well go all the way.
Now, $7k wasn't part of my immediate plans so I'm deciding between a few options:
1) sell it now as is
2) fix it up and sell it
3) fix it up and keep it
The big thing I don't know is what is the car worth as is and what might it be worth restored?
I looked on ebay and autotrader for comparables and was shocked to see that on both sites, there are exactly *zero* iX available nation wide. I've also heard that the value of these cars has been going up so maybe it would be worth it to fix it up.
I do love my car (and have owned it almost 9 years now) but I probably just can't afford to keep it. I have the money to restore it but I'd need to recoup that investment by selling it and getting a cheaper car (lots of regular e30 in great shape for a few K).
What does everyone think? Thanks in advance for any info and advice.
- Steve in NC

DREWLIENTE

Comment