Quote:
Originally posted by Gunn
Putting 12,000 into an '89 car (and one that has a very low value anyways) is not the smartest thing to do. Like RedCeli said, it's an older car and isn't going to last as long as a newer car or hold it's value as well.
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Now, I wouldn't spend money modding a Camry either *BUT* just b/c a car is older doesn't mean it won't hold its value as well. Some quick numbers @ kbb.com revealed that an 89 Camry (4-cyl LE) only rated a value of $350 less than a 94 Probe GT.
Camry's are strong cars that are reliable AND hold their value. My parents have an 86 with well over 300k km on it and its still running well (w/o any major work having been done).