I came across a 2006 Jeep Libery CRD for sale. It has 135,000 miles on it. He is asking $5,500.00 for it. I contacted the owner so he could explain to me the problems with it. Here is what he told me. He said the Jeep had been slowly losing coolant for a while. Maybe 1 pint or two a week. He said it never ran hot. He always kept a close check on the coolant level and replaced any that had leaked out. He also stated that when the Jeep was running it ran very nicely. He also had the timing belt replaced at 100,000 miles. He had the MAF sensor unplugged, to keep the EGR valve from cycling and eventually failing. A week ago the Jeep refused to turn over. This had happened once before. The previous time he took it to the dealer, and they removed the starter. They found nothing wrong with it, so they replaced it and it worked fine. This time when it happened again he had it towed to the same dealer. He called the dealer to tell them what happened. He also mentioned the slow losing of coolant. They phoned him back saying that the car had either a cracked block or an issue with the head. They would not know without pulling the head and taking it to a machine shop. He told the dealer to park the Jeep until he decided what to do with it. My question is what is causing it not to turn over, and what is causing the slow coolant leak. Is it possible it could be the block. I really would like to purchase this Jeep for myself and have it fixed. Is it worth taking the chance and buying it, hoping it is only a head gasket problem. The man seems to be really honest with me about the problems. Any advice or help will be appreciated. Thanks.
Considering that a used engine or a rebuilt engine costs $4500 to $8500 plus labor and that the CRD is in the condition that is in with that many miles, correct me if I am wrong but I think it's worth between $1000 to $2000 tops.
I believe book value for a working model in good shape is $7800 to $9200.