As the title says, I have a 2004 WRX wagon with a hair over 101,000 miles and, at a minimum, a blown head gasket (car overheated with no indicators or gauges alerting me to the issue so I call it dumb bad luck).
I did some preliminary research on Edmunds.com and found that to a dealer the car is only worth $4,400 and it's going to cost $3,200 minimum (we don't know the condition of the heads or short block yet) so I was thinking to sell the car to a mechanic for $1,200 and get out before I got too deep into repairs. But then I looked at autotrader.com and found similar cars selling for over $10,000... granted they're running. And extending out the search for what the car might be worth, assuming I get it running again, I see a huge range from kbb to edmunds to nada... from $4,400 to more than $8,000. And if my car is actually worth more than $8,000 then it's probably worth investing in some repairs (at least enough to see if the heads are shot).
Not sure what my car is really worth to a dealer or private-party and was hoping for any insight or advice you might have on my situation. I love my WRX and want to keep it around a few more years if it makes sense... else I'll have to talk the wife into a new WRX -
PS - I hope I've put this in the correct sub-forum. If it needs to go elsewhere let me know.