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Old 12-09-2017, 10:16 AM   #1
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What would you do?

2006 Ford Escape 2WD V6 150,000km

Transmission went on it last week. Trying to decide what to do. Rebuild quote 2000-2500 dollars. Also has a leaking rear main seal. I bought the vehicle 3 years ago at 100,000km and put 50,000km on it trouble free (less a new axle half shaft). Otherwise it's in OK shape, a bit of rust on the rear wheelwells etc.

Is it worth the fix?
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Old 12-09-2017, 10:28 AM   #2
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I think I would fix it if everything else is ok and you’re happy with it. You’ll spend more to get a replacement vehicle, plus you’ll probably take a bigger hit on the price selling it as is.


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Old 12-09-2017, 10:55 AM   #3
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Shop around for the best price on a tranny & fix it
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Old 12-09-2017, 10:56 AM   #4
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Unless you really need that vehicle, I would send it down the road and keep an eye out for a suitable replacement. That 2000-2500 is probably close to or more than half the total value of the vehicle. The rear seal can be done easily while the trans is out, but that will just be added cost.
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Old 12-11-2017, 06:16 AM   #5
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I would dump it, that sounds like a pretty big set of repairs for an older vehicle
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Old 12-11-2017, 07:27 AM   #6
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Always replace the transmission. Labor time for rebuilding far exceeds labor for replacement. I can't remember the last time we "rebuilt" a transmission. New (RMP) tranny's are $2500 retail.
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Old 12-11-2017, 09:50 AM   #7
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If you are relatively confident with the rest of the vehicule, good ahead repair it. If you add only 3 years to the vehicule its only 800.00 per year, lot less than car payments :-)
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Old 12-11-2017, 10:01 AM   #8
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Call around first and find out what the trade in value and/or local street value of the vehicle. If really close or less, junk it. If at least couple thousand more than repair it and keep or sell it.

Before you repair, consider a junk yard tranny, most come with 30 or 90 day warranty, some with a year or more. Also price a rebuilt tranny. They often come with a decent warranty, usually cheaper than a local rebuild and often a better warranty.

Takes a little research, but worth the time to save the money and go the best way for you.
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Old 12-11-2017, 10:23 AM   #9
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$2500 might be only 5 truck payments on a new rig! Check out Rock Auto on new transmission, or a rebuild kit. Thanks
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Old 12-11-2017, 10:47 AM   #10
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Looking at the value of the truck is one thing, but what is the value for you ?

you are often ahead to spend $ 2500.00 per year on maintenance and repairs. Ok its not glamourous to drive an old beater but hey.... you are still going to where others go, but the difference is that YOU have money in your pocket to enjoy where you go :-)

The unibody and or the frame are sound on a vehicule ? If so put parts its mostly always cheaper
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Old 12-11-2017, 11:24 AM   #11
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Thanks for all the ideas guys. I'm going to get it fixed. It really doesn't owe me anything and I need it to last for at least 2 more years. At that point I will be able to move in to something newer. If I financed something new, payments would be at least 500/mo so a 2500 dollar repair will be worth it after 5 months as long as nothing else goes wrong.

I'm not thrilled with the whole idea but also keep in mind that where I live, the government charges tax on used vehicles (13%) which really affects the financial decisions of buying and selling vehicles. I would spend in tax alone what the repair of this thing will cost.
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Old 12-11-2017, 11:27 AM   #12
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Smart move :-)


Quote:
Originally Posted by SkyBound View Post
Thanks for all the ideas guys. I'm going to get it fixed. It really doesn't owe me anything and I need it to last for at least 2 more years. At that point I will be able to move in to something newer. If I financed something new, payments would be at least 500/mo so a 2500 dollar repair will be worth it after 5 months as long as nothing else goes wrong.

I'm not thrilled with the whole idea but also keep in mind that where I live, the government charges tax on used vehicles (13%) which really affects the financial decisions of buying and selling vehicles. I would spend in tax alone what the repair of this thing will cost.
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