The vx I am looking at needs a list of stuff says the tech who did the diagnostic on it. here is what needs to be done. Timing belt and water pump, vtec solenoid, frequency valve, small oil leak, and tires.
The list said 800.00 in parts and labor the guy is asking 2200.00 for the car how much should I ask him to go down in price?
You have to figure any 15 year old used car is going to need some work. People generally don't repair all of these things if they are going to sell them. When I bought my CRX, I just budgeted for at least $300 in repairs.
I would still consider the VX and if the body is in good shape, I think it is still worth $2200. I would have jumped at it if it would have been available when I got my CRX. I paid $2000 for a 90 CRX HF, which might have been a little high, but when I bought it in Feb 07, the only ones I found that were less then $2K were primered, beat up POS. The few VX's I saw in CA were well over $3000.
Like jadziasman said, doing the timing belt is pretty easy. You will need a tool to hold the crank pulley while removing the bolt, but once that is off, it is simple and not very expensive. Once you've done it, you'll question why you would pay anyone to do it. The other fixes will be a little work for DIY, but not very expensive.
Yeah, tougher call, but depending on where you live, this car in good running shape is easily a $3.5K to $4K car.
For another perspective, when I bought mine I really did not care if it needed, say a grand in repairs. I bought it to drive for several years know I would save $100 a month easy. So think longer term, if your budget allows (luckily mine allows :-)
Most of the costs you list are maintenence... you'd do that anyway. Heck, I wish my VX needed tires... Costco has the Michelelin X Radial DT's for $65 a piece... I am tempted to throw my tires away just to have them on the car... but then again, my budget would allow this and this is my favorite hobby right now.
$800 to have all that work done sounds like a good deal if it includes tires, if the bad seal is on the timing belt end then changing it at the same time should be a simple task, I say offer him $1,800 for the car, if you wanted to turn around and sell it again you should be able to get our money back, so it's not a bad investment, and almost any car you get is going to need some work, and tires at some point (don't let them sell you 175/70-13 tires, they are way to wide for this car unless you plan to do exream high speed cornering, wide tires will only draig you down, get 165/70 or 155/80 tires) so f the body is in good shape, and it has less then 300,000 miles, I ay offer him $1,800 befor someone else takes it.