I am looking to buy my currently leased 2004 Malibu Maxx LT for $9827.
What I would like to know is if there are any other car issues that I need to be aware of and budget for if I purchase this vehicle with the intent to keep it for 4 more years.
The mileage is 58000. I have been the only driver. I have provided the vehicle with scheduled maintenance.
If I purchase the vehicle, the know maintenance items that I will have to take care of is changing all 4 tires, roter repair and maybe 4 new break pads, break fluid flush and that*s it.
I look forward to getting your input.
While no one can predict what can go wrong with a vehicle, because you have maintained it for the last 58000 miles, you're off to a good start. I was able to locate only 3 manufacturer recalls for this vehicle, but many (over 50) TSBs (Technical Service Bulletins). The thing with TSBs is that they usually don't cost you anything to fix as long as the vehicle is still under warranty. After the warranty is up, you must pay for the repairs. These would be known problems with this vehicle. Not every problem could happen to your vehicle, so this is a good thing.
Just keep in mind that it looks like there have been a lot of issues with this vehicle. While they may not all be performance issues, it could still be annoying if you're constantly having to fix something.
You should also check the price that you're paying for this vehicle to see if it is fair and equitable. Kelly Blue Book shows this car worth the following values
Excellent condition $10,150
This is the price they feel you could sell this vehicle to a private party for.
I would take all this into consideration: the cost of the vehicle, the future repair and maintenance costs and the overall mileage you feel you will put on the vehicle. As I said before, you're off to a good start because you've kept the vehicle maintained for the last 3 years. Keep this up and I'm sure you'll get many more years from your vehicle.
〉 Answered on May 24th, 2007 by Lori Johnson, Owner and Instructor at Ladies Start Your Engines