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Keep or sell

Old Jun 16, 2018 | 10:30 PM
  #1  
Vail's Avatar
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Default Keep or sell

I recently went for an inspection and learned that my 06 LR3 v6 cold climate package needed a new compressor due to a pin hole in the reservoir(after only 3 years). It also needs a new serpentine belt and next year will need new rear control arm bushings. Question: should I put the money in to get the suspension changed over to coil springs or find someone who will buy or trade to get out of ownership. I currently owe 5k on it and it has 130k miles on the engine. Please advise. I love this vehicle but I’m starting to feel like it’s turning into a lemon and I don’t want to completely lose my shirt on it.
 
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Old Jun 16, 2018 | 10:52 PM
  #2  
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Default Who told you all that crap??

How is the life of your rear control arm bushings projected at next year? How does someone know that???

The reservoir is separate from the compressor, I think...so you want to be careful in pricing that. Don't get screwed over.

How do you know you need a serpentine belt?

I would not go coils unless you do not off-road.
 
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Old Jun 17, 2018 | 08:25 AM
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Geez kiddo...Control arm bushings usually need to be maintain or looked at every 60-70 K miles anyway and serpentine belt is not expensive at all and if it needs replacing it is a minor job.Why would you give a good track away for a regular maintenance items ? This makes no sense..
 

Last edited by thorgal; Jun 17, 2018 at 05:50 PM.
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Old Jun 17, 2018 | 12:03 PM
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This makes no sense.... But I will entertain anyway.
If the tank has a hold, locate it (easy to do) and just spot weld it up. Done. Any small shop could handle that.
A new belt? Oh my! $20 and done. Its a normal wear item, I dont understand the concern. At 130k, they should have been replaced if original anyway.
And I dont get how they will know when the bushings need replacement. Probably the biggest project, but doable and is another wear item really. Just like ball joint, sway links, etc.
 
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Old Jun 17, 2018 | 09:12 PM
  #5  
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I hope you or prior owner have changed the timing chains and guides!! They can go at 130k or so catastrophically! Talking new engine or one from junk yard anyway and v6 are not so easy to find.
 
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Old Jun 18, 2018 | 01:59 AM
  #6  
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Owning a 10year old vehicle means having to put money into it... calculate what another vehicle would cost you per month to buy and if used, figure that it's going to need work done to it as well at some point in the near future. If my vehicle averages less than $2400 a year in maintenance cost, I'm happy and I know what I got.
 
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Old Jun 18, 2018 | 09:44 AM
  #7  
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@geo isn't the timing chain guide a common problem for the 5.0? ...and maybe the V6? I have not heard of it being a problem for the 4.4.
 
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Old Jun 18, 2018 | 12:51 PM
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All of this seems very minor, with no need to trade or sell. I'm coming up on 150K on my 2006 (purchased new), with no current plans to sell.

Edit: I know it's popular to make a change to coils, but I will never, ever, give up my air suspension. The ride is way too nice, even after 12 years. I've replaced all but the airbags, which are still going strong after all this time.
 

Last edited by COSPILOT; Jun 18, 2018 at 12:56 PM.
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Old Jun 18, 2018 | 09:43 PM
  #9  
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My issue was 4.0 v6. Plastic guides that break apart. Valves hit piston tops and can damage block....OP mentioned his was a v6, just wanted to make sure he was aware of that maintenance item.
Would do trans fluids if not already done too.

Agree with calculus of new versus maintenance costs. New cars depreciate so much, that alone can be much more then maint costs. I think LR3s are near the bottom of depreciation curve...assuming still running and maint records are available.
 
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Old Jun 19, 2018 | 01:19 PM
  #10  
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My bad, Geo....I missed the OP's mention of the V6.
 
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