My husband has a 2013 Impreza Wrx wagon. We bought it used 18 months ago. It now has a major engine problem. There is a cylinder misfire and after months of back and forth with our trusted mechanic he has determined that the engine needs to be completely taken apart to diagnose and fix the issue. There is some type of compression issue in cylinder 4 but he can’t figure out the cause from the outside.
We owe $8000 and don’t want to go into debt to pay $5000 to rebuild the engine. My question is, in a private sale what value is left on this car? I know very little about cars but based on the year and issues, I’m not expecting more than $2000 from a dealership trade in.
Any advice? Thanks!