I am considering buying a 2002 Toyota Echo as a spare car. After inspecting it my mechanic said it's only problem is rust. It has 58,000 miles in the Boston Massachusetts. Rust is visible under the car and a couple of small spots on the body. I live in Tennessee, where roads are rarely salted. The mechanic suggested discounting the Blue Book price ($5,000 in fair condition) about 30% for the rust. How serious is this? Any suggestions about how to keep it from getting worse? Does the 30% discount sound reasonable?Thanks
took to my (trusted) mechanic for an inspection.
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the idea of discounting the price would be great if it works, then you would use that money to repair the rust and then undercoat and also rust proof the vehicle.
rust in the northeast on vehicles is very common, you have an advantage living in Tennessee, once the rust is repaired and proofed it won't come back.
as long as there is no corrosion to the frame this isn't serious.
to find if the 30% is reasonable see if you can get an estimate on repairing the rust and if the 30% is enough.
AS degree from an automotive college, 15 years hands on experince