The ad is long gone, but I picked up this '85 Accord off Craigslist for $150 in Sept. of last year. It was originally listed at $500, and over the course of a couple of months it was gradually reduced to $250. I called the guy up on a saturday morning and he said the junk man was coming to haul it off for scrap that afternoon, so if I wanted I better come right now. So I hauled ass up to Cleveland, GA. Talked to him for a while, turns out his father had bought the car brand new in 1985, and sold it to him in 2001 when he was in college. The car had 300,000 miles on it at that point. He put 86,000 more miles on it from 2001-2008.
Asked him what his bottom dollar was, he said $150. Tossed him 50 bucks to hold it over night, came back the next day with my brother and drove it home with title in hand.
(had to pull the cluster since most of the bulbs were burned out in it, couldn't see how much gas or how fast you were going at night)
Being a GA car since new, it had absolutely no rust, and the body was in great shape aside from a few small dings. Did some basic maintenance on it, put 2,000 miles on it driving it back and forth to work (the car paid for itself vs. driving my '72 Ford Maverick), then turned around and sold it to in December last year to my cousin who is in college and just needed cheap transportation for $300 (with the stipulation that if she has any problems with it, or decides to get rid of it, that I'm the first person she talks to about it). The car paid for itself in gas savings while I had it and I profited when I sold it. Can't beat it. My cousin is still driving the car, it is her only transportation. Probably getting close to 400,000 by now. Haven't talked to her in a month or two, need to call her and see how it's going. I actually kind of miss the car now that I think about it, and I only drove it for a three months... wasn't much to look at, but hey, it had character. LOL Can't wait to get my '88 Hatch on the road.