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Buy or Pass?

  

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Clean, rust free 2003 Corolla SE with 390,000 miles @ $2,000 obo

Original owner: Oil & Filter changed every 3,000. Transmission oil & filter changed every 15,000 to 20,000. Everything works, the front suspension components, brakes, spark plugs, ignition coils and valve cover gasket have been replaced within the last 18 months.

I am considering it for a gas saving run about town vehicle.

Thank you


3 Answers
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It's 20 years old with nearly 400,000 miles. I've made a lifetime habit of buying old, high-mileage vehicles but that would be a bit too much for me.


I have decided to pass on this one.

Thanks.


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Why are they getting rid of it now?  


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First do comps, aka comparisons, of the prices of similar year, make, model, and mileage in your area. Also look at comps from other years. 

$2,000 seems like a lot for that old and that high mileage, but you never know these days because the market is all screwed up. 

 


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