I found a 2002 Toyota Camry LE on CL for $6000. 4 cyl with 88K miles. I went and took a look at the car. The car is immaculate and drives great. I want to use the car as a daily driver. Can this be reliable being that it is 19 years old or will it become a money pit?
Aside from the potential oil sludging issues that's way too much money for a nearly 20-year-old Camry.
I would pass because this one has the oil sludge issues.
toyotaproblems.com/oil-sludge/
Way too much money.
You are talking about the XV30 generation (covered model years 2002-2006). See below for issues: I’d pass on that one if I were you especially if the 2.4L I4 cylinder head bolts had not already been repaired.
https://www.carcomplaints.com/Toyota/Camry/2002/
https://www.camryforums.com/how-tos/a/toyota-camry-2002-2006-common-engine-problems-397107
https://www.camryforums.com/forum/general-tech-8/2002-stripped-head-bolts-4585/