My current car is a 1987 BMW 325(e) with some bad body work on the rear passenger-side quarter panel, a badly oxidized paint job, an uncharged AC, needs a new head gasket, and is about 50,000 miles past due on having the timing belt replaced.

I think that it's probably worth about $250 at best.

So, no. I'm not trading it in.
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Bitt Faulk