Looking at a new (for me) car a year ago. I buy 10 year old luxury cars with about 100K on them, run them to about 225K, then get another. Usually pay between 3 and 4 K, sell for about a thousand after 4 or 5 years, has worked great for me so far. Started when kids moved out so van no longer needed.
Found a 2001 Buick Park Avenue at a dealer- marked down from 4K to 3K because radio and power seat didn't work- they thought it was a module of some kind and didn't want to fix it. I got 'em down to $2,500, which was a steal, for as nice a car as it is. Just as I suspected, this long time GM dealer apparently didn't know there was a third fuse box under the back seat, and the problem was just a fuse.
So I was pretty proud of myself. Then in about August, intake manifold cracked, and it apparently hydro-locked. Got that fixed, plus new starter and a couple other things, $1,400.
September- drove across the state and back, transmission died, got my nephew to rescue me with his trailer and winch, rebuilt transmission about $3 grand.
While test driving after installation of the new transmission, engine spun a bearing. My mechanic had no explanation other than the possibility that it tweaked a rod a little bit when it hydrolocked. He felt sorry for me by now, found a good used engine, bought and installed it for $1,000. I gave him a gift certificate to his favorite restaurant for Christmas.
Gotta say, while knocking on wood, that it sure runs nice now. If I keep it to about 500K, will get my money's worth!
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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