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2004 Corolla S without ABS - worth buying?
I am looking at purchasing a used 2004 Corolla S, which has all the optional features except side bags and ABS (really no idea why the seller wouldn't put down another $300 into a safer car). The car is otherwise in pretty good condition, there is one oil leak that is of some concern but compared to other cars I've looked at this is the cleanest, and also very low miles (60,000).
I have two questions:
1. Would you even consider buying a car without ABS this day and age? Do cars even come without ABS anymore? Was it common in 2004 for people to buy cars without ABS? I live in a very snowy part of the country, how does that play into things? (BTW the seller is throwing in an additional set of winter tires)
2. I had the car inspected and was told that it would need about, say $1,500 of repairs within the first 6 months ($500 of that immediately for the oil leak). Book value for this car, taking the low miles and the options into account, is $8,500 at "good" condition, and that's what the seller is asking. What would you consider a reasonable buying price? Subtracting the cost of short-term repairs leaves $7,000, which means I have to start my offer at $6,500, which is almost insultingly low, but I can't possibly pay more than $7,000.