Hi everyone, I recently bought a 2012 Ford Focus hatchback with some body damage. It runs relatively well, and I’m wondering if I can make at least $2,000 profit from it after fixing it up.
Here are my main questions:
Was this a good buy overall?
Are there any known issues with this model year that a dealership might fix for free under recalls or extended warranties?
Would I make more selling it to an individual or going through a company like Kelley Blue Book?
Gianna said:
If you bought it for $2,000 less than market value, it’s probably a good deal. The key is keeping repair costs low so you can maximize your profit.
Agreed. Focus models from that year are pretty reliable as long as you address any transmission or electrical issues early.
I don’t think there are any current recalls or free fixes for the 2012 Focus. Most of the known issues with that model year, like the dual-clutch transmission problems, are out of warranty by now.
Selling to an individual is definitely the better option if you want to make more money. Companies like Kelley Blue Book offer convenience but at a lower price.
Michael said:
Selling to an individual is definitely the better option if you want to make more money. Companies like Kelley Blue Book offer convenience but at a lower price.
Yeah, private sales usually get you closer to market value. Just make sure the car is presentable and runs well to get the best offer.
Focus hatchbacks are popular, so if the body damage is fixed and it’s mechanically sound, you shouldn’t have trouble finding a buyer. Post it online for a private sale and see what kind of interest you get.
I bought a similar car and made a small profit after selling it privately. Keep the repairs simple and avoid overinvesting in things like paintwork unless it’s necessary.