yea.. it's really a subjective call... reciepts and such are nice, and of course overall condition, rust rust rust.
Check that engine wiring harness and use it as a bargaining tool... if the insulation near the gray plug at the firewall is disintegrating, I'd say that knocks about $400 off the cars value. And with that kind of miles, I'd not pay more than about $750 if the wiring is good, so... if the wiring is bad, that makes it $350
Some significant maintenance records would be nice though, and maybe up the ante a bit if the seller can prove they are done... clutch, struts, timing belt/water pump. Bushings would be a big plus. And feel for a potentially loose steering rack... those are some common issues that will cost you.
My '84 was only $100.. about the same mileage... By the time I had about $1500 into her.. (all but the wiring above, plus tires and windshield), it was solid. Now finishing up the wiring...
all said though.. well maintained, 500,000 miles is not out of the question. Maybe more on the original engine. So... definitely not necessarily a losing proposition to invest some money into it.
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-Matt I ♥ my ♂
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