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Old 08-18-2013, 11:02 PM   #1
VettezukiVettezuki is offline
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Default Adventures of the co-signed Aveo

Well, from the no good deed goes unpunished file.

A couple years back we co-signed on a car loan for a receptionist. I was just informed she can no longer pay, and she'll surrender the car to us, which wouldn't be so bad given that it only has about a year left on nominal payments. Except that it has *at least* a blown HG and damaged cat. . .
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Old 08-19-2013, 01:14 AM   #2
Shaolin CraneShaolin Crane is offline
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Car?
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Old 08-19-2013, 01:54 AM   #3
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Well, from the no good deed goes unpunished file.

A couple years back we co-signed on a car loan for a receptionist. I was just informed she can no longer pay, and she'll surrender the car to us, which wouldn't be so bad given that it only has about a year left on nominal payments. Except that it has *at least* a blown HG and damaged cat. . .
No, no... never. I wouldn't co-sign for my own brother.

Well fix it and flip it. You could go after her for indemnification, but since she's broke it would really just be a waste of time.
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Old 08-19-2013, 03:04 AM   #4
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She has a gift for making the worst possible choice at each turn. We were trying to be a positive and supportive influence, which I don't regret, as she has acknowledged and expressed gratitude so at least some flicker might have gotten through, but holy shit. . .this plus some surprise back business taxes, and not being able to pull of a refi business debt exit, have kicked me in the nuts a little. Anyway, it get's towed in the morning, so I'll find out more. Hopefully it's just the HG, and not some catastrophic head warpage . . . but knowing her . . .
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Old 08-19-2013, 10:22 AM   #5
Shaolin CraneShaolin Crane is offline
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Again, kind of car?
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Forget about winning and losing; forget about pride and pain. Let your opponent graze your skin and you smash into his flesh; let him smash into your flesh and you fracture his bones; let him fracture your bones and you take his life. Do not be concerned with escaping safely — lay your life before him

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Old 08-19-2013, 10:47 AM   #6
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Again, kind of car?
2007 Chevy Aveo. Mileage unknown as of yet (battery gone). Interior is pretty filthy but should clean up ok. The passenger front quarterpanel is toast, windshield broken, battery toast, HG and/or head toast, some problem with cat, front tires pretty worn. It's got about $2k left on the loan. I'm imagining at least $1k to get it into decent running shape.

This is what I know so far. . .

I have to think seriously if I want to bother getting it into a salable shape or just eat it and liquidate for scrap.

It's usually just the heads that warp and not the block as well right? Do you know a place that will deck the heads if there's minor warpage for cheap?
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Old 08-19-2013, 11:42 AM   #7
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Pacific Engine should still be able to handle decking a head. I'll supervise if need be.
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Forget about winning and losing; forget about pride and pain. Let your opponent graze your skin and you smash into his flesh; let him smash into your flesh and you fracture his bones; let him fracture your bones and you take his life. Do not be concerned with escaping safely — lay your life before him

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Old 08-19-2013, 11:50 AM   #8
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Originally Posted by Vettezuki View Post
2007 Chevy Aveo. Mileage unknown as of yet (battery gone). Interior is pretty filthy but should clean up ok. The passenger front quarterpanel is toast, windshield broken, battery toast, HG and/or head toast, some problem with cat, front tires pretty worn. It's got about $2k left on the loan. I'm imagining at least $1k to get it into decent running shape.

This is what I know so far. . .

I have to think seriously if I want to bother getting it into a salable shape or just eat it and liquidate for scrap.

It's usually just the heads that warp and not the block as well right? Do you know a place that will deck the heads if there's minor warpage for cheap?
I've got a couple of places that will do it for $30-$40. Even know of one place that will surface it with MAJOR warpage, when they really shouldn't. Ha
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Old 08-19-2013, 12:15 PM   #9
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BTW, how do you check if a head is warped if it's somewhat minor? She said it "shoots out coolant" . . that's not good, but I haven't seen it yet.
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Old 08-19-2013, 01:11 PM   #10
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BTW, how do you check if a head is warped if it's somewhat minor? She said it "shoots out coolant" . . that's not good, but I haven't seen it yet.
Machinists ruler across the deck. Don't rule out freeze plugs either, if the car is that fucked up then I wouldn't take her diagnosis with any weight.
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Originally Posted by Bruce Lee
Forget about winning and losing; forget about pride and pain. Let your opponent graze your skin and you smash into his flesh; let him smash into your flesh and you fracture his bones; let him fracture your bones and you take his life. Do not be concerned with escaping safely — lay your life before him

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