P38 possible busted engine - whats it worth?

[HangOver]

I saw a 1996 P38, the seller says it has "engine problems" won't or can't elaborate so i figure probably something serious like head gaskets or slipped liners or whatever....... so is it worth $7,500?

I was thinking worst case scenario replacment engine but im not sure:
1. how much a low/average milage P38 motor would cost.
2. How much to get the engine swapped over, ( I don't really want to do it myself)

[rovercare]

No way, you can buy a good runner for under 10k

4-5K max if the rest is immaculate

[p38arover]

I saw a 1996 P38, the seller says it has "engine problems" won't or can't elaborate so i figure probably something serious like head gaskets or slipped liners or whatever....... so is it worth $7,500?

No.

[HangOver]

it pays to ask, thanks guys

[HBWC]

you thinking of turning posh on us steve

[Disco_owner]

Just as a Base line , My TAFE teacher bought a 1996 P38a Range Rover , White , for under 9K & it's on it's 2nd engine.

[HangOver]

you thinking of turning posh on us steve

not really, just pipe dreams of selling my daily driver and buying a car I actually like.
Í've always liked the p38's and they are just more or less coming into my price range.

[Grumbles]

I would have thought a non runner with a major problem such as a 'busted engine' is only worth very low numbers scrap money, ie it has no real value. A full reco or replacement engine is worth something like what, $5G to $7G with some one else doing the work. So this makes the car a $14G spend. Twice as much as what a going driveable P38 is worth. Offer him $1500 as that is all it is worth in my book.

The other thing to remember is that although we see many early P38s advertised now for $10G or there abouts that is not the selling price. And P38 buyers are a rare commodity. If I was looking at a $10G advertised P38 I reckon I would offer a max of $5G tops with some hard bargaining by the seller to get me to that $5G figure. And at the end of the day I think the seller would accept it. You only have to watch the car ads to see the inordinate length of time they are advertised for. P38 buyers are relatively rare - use that to your advantage.

Using my $5G example the other trick with buying a private used car is to offer this low price and let the seller knock you back as he is liable to. Return the next day with your $5G in cash and put it on the table for him to see. With the cash in front of him the seller will not want your $5G going back in your pocket and walking out the door.

[rovercare]

I would have thought a non runner with a major problem such as a 'busted engine' is only worth very low numbers scrap money, ie it has no real value. A full reco or replacement engine is worth something like what, $5G to $7G with some one else doing the work. So this makes the car a $14G spend. Twice as much as what a going driveable P38 is worth. Offer him $1500 as that is all it is worth in my book.

The other thing to remember is that although we see many early P38s advertised now for $10G or there abouts that is not the selling price. And P38 buyers are a rare commodity. If I was looking at a $10G advertised P38 I reckon I would offer a max of $5G tops with some hard bargaining by the seller to get me to that $5G figure. And at the end of the day I think the seller would accept it. You only have to watch the car ads to see the inordinate length of time they are advertised for. P38 buyers are relatively rare - use that to your advantage.

Using my $5G example the other trick with buying a private used car is to offer this low price and let the seller knock you back as he is liable to. Return the next day with your $5G in cash and put it on the table for him to see. With the cash in front of him the seller will not want your $5G going back in your pocket and walking out the door.

Interesting theory, but I doubt you'll be picking any 10K P38's for 5K, most peopl don't randomly half their asking price, 7-8k is achievable

[p38arover]

That's the problem with selling mine. The engine has been top-hatted, heads worked, HC pistons, fully balanced, high torque cam, etc. - all at some expense last year.

What's it worth? Probably very little unless I can find the right buyer.

[Grumbles]

Not just a theory Rovercare. It works in practice but it does depend on how desperate the seller is to move the car on or to get the money. I did the same thing with a house once. I made a silly offer but also added the proviso that my offer reduced by $500 every day it wasn't accepted. The seller accepted my reducing offer 24 hours later. I got a bargain.

[willem]

That's the problem with selling mine. The engine has been top-hatted, heads worked, HC pistons, fully balanced, high torque cam, etc. - all at some expense last year.

What's it worth? Probably very little unless I can find the right buyer.

G'day Ron,

Your car is worth most to you. You've put the effort and money in to getting it right, and now it goes well. Its on LPG and so is relatively economical. None of these things attract a good figure when you sell it, but they are worth a lot to you.

Don't make the mistake (again?) of selling your car just when you get it right. I've driven it. Its a good car.

Willem

[Hoges]

whats it worth?
ah ha ...a profound question.
The response is "To whom?"
Work from there... !

[101RRS]

Not just a theory Rovercare. It works in practice but it does depend on how desperate the seller is to move the car on or to get the money. I did the same thing with a house once. I made a silly offer but also added the proviso that my offer reduced by $500 every day it wasn't accepted. The seller accepted my reducing offer 24 hours later. I got a bargain.

Depends on who you are dealing with - me I would have told you to get knotted - irrespective of what you are selling or buying there is always another buyer as long as the asking price is appropriate.

I sold my 100,000km disco a few years back - wanted $9k - listed at $9.5K as everyone knows they want to knock the seller down a bit - lots of offers at around $6K including the guy who bought it in the end for $9.2K all knocked back with no counter offers - patience is a virtue - the problem for the seller is if you have to sell something quick then the rules change a bit.

Garry

[andrew e]

I know from customers that TR spares offer under 2k max for a non running or overheating p38.

I bought a 97 HSE last year which had a top rebuild and alot of new parts (it didnt help the liner moving). I paid the equivilant of 3.5k. It was Imaculate, and i should not have parted it out.

I have engines available if you want to push this option, send me a pm.

Andy

[PaulP38a]

Agree with most of the above. I paid a fair bit more than $7.5k for my '99 4.0 a year and a bit ago, then did the head gaskets a few months ago. I knew it was coming when I bought it too, as it had been with every Rangie/Rover V8 I've bought in the past 20 years :o

Add to that, my current Rangie was bruised and battered, bad respray job on the bonnet and passenger doors, lived near a beach, had non-stock suspension bits and diff ratios, oversized tyres, some unlabelled switches on the dash that make the car go in a straight line ;), a couple of niggling fault codes... and then the EAS compressor **** itself less than 2 weeks after I bought it.

Was it worth it? You betcha :D I'm a P38A sicko!

TR Spares can keep my old/drowned one. I wish them well in getting the silly prices they were asking for my soggy Gen III's, Bilsteins and Cooper ST's. Wonder if they ever sold/parted the hydrualic'd engine?

Cheers, Paul.