2004 Civic Hybrid: worth it to fix and sell or just sell?
I have a 2004 Honda Civic Hybrid with a hybrid battery that has end-of-life'd. I noticed that because most 2004 Honda Civic Hybrids have been suddenly falling off the map for the last couple years because their hybrid batteries are end-of-life'ing, the Kelly Blue Book value went down to something like $1,200 (where it was more than $7,000 just a year ago), since having the dealership replace the hybrid battery costs around $5,000.
Meanwhile I've already replaced this car with a 2016 Subaru WRX (quite an upgrade, to say the least).
So I'm trying to figure out what to do with the old 2004 Honda Civic Hybrid. If I sell it as it is--just replace the 12V and charge the 12V and cross my fingers ("just charge the 12V and drive it like a regular Civic")--I'll surely get something like $1,200-$2,000 out of it. But if I buy a new rebuilt hybrid battery, and maybe install it myself, that'll set me back around $1,500-$2,500, but will it bring the value of the car back up to $6,000-$7,000?? Thoughts?? I
Meanwhile I've already replaced this car with a 2016 Subaru WRX (quite an upgrade, to say the least).
So I'm trying to figure out what to do with the old 2004 Honda Civic Hybrid. If I sell it as it is--just replace the 12V and charge the 12V and cross my fingers ("just charge the 12V and drive it like a regular Civic")--I'll surely get something like $1,200-$2,000 out of it. But if I buy a new rebuilt hybrid battery, and maybe install it myself, that'll set me back around $1,500-$2,500, but will it bring the value of the car back up to $6,000-$7,000?? Thoughts?? I
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2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
If you have a rebuilder near your location, they may be interested in buying the Civic and flipping it themselves.