When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
Hi,
Much to my regret it is time to part with my Ex. I am getting it ready to put on the market but it needs rear brakes. My mechanic said to do the entire thing would be about $1,000. The two options I see it is put it up for sale the way it is and be upfront with the new buyer that it needs brakes or put the brakes on before I see it. What are the chances I would recoup the money I spent on the brakes?
The Ex is a 2000, with 105,000. Excellent body, interior and no other mechanical issues that I know about.
Thanks in advance.
Last edited by Stewart_H; Aug 30, 2015 at 05:40 PM.
"needs rear brakes" can mean $100 for new rear pads for a DIY-er to $500 for new rear pads and rear rotors plus add labor - per your estimate.
The downside to telling the buyer you just did brakes (or new head gaskets, or a new transmission) is that the perspective buyer doesn't know whether to trust you or whether you had the job done "right" or "cheaply".. so I'd NOT expect to make your money back, but you MIGHT sell it faster.
With 105k miles, you also need to consider whether you've had ANY of the 100k mile work done. When I bought my Ex with 98k, I felt better knowing I could get things done my way and the used lot knew what was involved.
My 0.02 if you plan to say it needs brakes you might as well lower your asking price by $500. Or NOT say anything and IF the buyer notices the brakes need work negotiate and discount by $250 (and then counter their offer). Watch "wheeler dealers" or "American pickers" and observe how they negotiate, it's helped me make a counter offer vs. feel like I have to accept what the other party wants.
$1000 for just the rear brakes seems really high, even if they are planning to replace the rotors.
Not sure where you're located but if your anywhere close to reno, nv I'd be happy to give you a hand doing it yourself - its really not rocket science. Keep the reciepts and show the potential buyers that you just replaced the brake parts.
X2 on what psycoreefer said....I'm in Minnesota and very willing to help you out on rear brakes, obviously depending on your location! For $1000 you could do both calipers, both rotors, pads and still have enough for a good dinner!
I put cryo slotted rotors front/rear, hawk pads, and new emergency brakes with hardware kit on mine for just under $800 in parts. $1000 is an absurd number for factory rear brakes to me.
If I were doing it to sell it- Advance Auto has rear discs for $55/ea and a set of pads for $21. If it needs parking brakes- they are $45 for the pads and $26 for the hardware kit. That is $130 for rear brakes and an additional $70 for parking brakes.
If you don't want to do it yourself and take it to a local garage (not dealer) you can figure 1-2 hours labor for just brakes. Maybe 3 hours including emergency brakes. Much cheaper than the $1000 quote. I wouldn't even mention the new brakes unless the buyer asks and if they ask just tell them you had a local garage put all new rear brakes on and leave it at that. They will work fine and be safe.
I will help you do them if your anywhere close to north Texas.. 1000 for brakes is high for all four. It's insane for just the rears. Brakes are easy enough to see through most wheels so proving they are new shouldn't be hard. I'm curious, is your mechanic a Ford dealer?
Thanks for everyone's advice and offer to help. To answer a few of the questions asked
1. It is a v10 engine.
2. It is not a Ford dealer but a garage I trust a lot. Actually, I have put so much money into the Ex, he was encouraging me not to do them, but also not to drive it anymore. There is a burning smell coming from the right rear wheel well and he is afraid the brakes are going to go on me if I continue to drive it.
3. Yes, besides the pads and the rotors, the calipers need replacing.
I am in the same boat with a new truck I just bought.
I think I am about $400 all in after core charge refunds with the following parts.
New Calipers Front and rear
New Pads front and rear
New Rotors front and rear
New Russell Braided stainless Hoses(all 5)
New Parking brake shoes
New Parking brake hardware kit
New Brake Fluid
That being said I am sure you can find a shop to do all of that work with your parts for less than $300 in labor I would guess. that would put you way under a grand for BOTh axles let alone one.
This Hennessey Takes the Expedition Tremor's Off-Roading Capability to the Next Level
Slideshow: The VelociRaptor Expedition gains a lift, upgraded suspension, Brembo brakes, and trail-ready equipment while retaining the stock 440-horsepower EcoBoost V6.
Rezvani's Latest Post-Apocalyptic Monster Is a Ford F-150 Raptor Underneath
Slideshow: Called the Fortress, the 850-horsepower pickup combines Raptor underpinnings with military-inspired features, survival equipment, and a starting price of $285,000.