Like any car, putting a definitive value on them is not much use. It's sort of a guide only. They're only really worth whatever someone's willinh to pay. A 2 decade old Corolla is sure as hell not worth $2.5k to me, but to someone specifically wanting one it might be.
floydbloke,
Jun 25, 10:06am
Another 'Thank You' note for all the useful comments and suggestions
rovercitroen,
Jun 25, 10:19am
If he was my son, I'd want him driving something safer than an old Corolla. Reliable yes but there would be better cars to be in in a crash. A crash may not be his fault and what price do you put on a life? My BIL bought his girls VW Golfs rather than similar priced Jap cars for that reason.
edangus,
Jun 25, 10:27am
Going off your mileage (and statement of when cambelt was changed) the cambelt was done in 2006, this makes it overdue by around 4 years. IMO it is overpriced. I'd take the $2,500.00 and walk away smiling.
jmma,
Jun 25, 10:41am
Probably because Golfs are Girls cars, lets wrap them all in cotton wool aye. Don't let them cross the road or climb a ladder, I would take reliability anytime for my kids. Wont have to get up in the middle of the nightbecause they have broken down (o:
tgray,
Jun 25, 10:47am
Where did you get the idea the cambelt on one of these should be replaced every 5 years?
edangus,
Jun 25, 11:07am
Just reiterating the rule of thumb I guess. Gates recommends every 72 months. I certainly would be inspecting it and/or being ready to replace.
321mat,
Jun 25, 11:14am
I'd say that's not a bad buy. Certainly its the best looking Corolla of that period (the next gen model was ghastly).
As per an earlier poster suggesting the cambelt needs replacing, well, he's probably right. The 5 year period has nothing to do with mileage (or lack of it), it's all to do with the fact that rubber deteriorates over time, and the belt becomes prone to breakage due to age.
edangus,
Jun 25, 11:36am
Got to admit I also thought it was a 4E FE engine, not a 2E. Can't find much info other than kms on that one. Still think it would be very prudent to replace it though.
sharchew,
May 1, 1:20pm
$1000 is all I would pay
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