Wow. that website you put up seems off. I've worked at a car dealership for almost 5 years, and there's no way an 01 corolla in any kind of decent shape with 69k on it would go for less that 8500 or even 9000. And they don't stay on the lot for more that a week. The gradation they have is way off, for instance. 7990 for something with 40k versus 7600 for something with 60k? Kbb.com (industry standard for car values) has its value right around there, from a dealership it would be at least fifteen hundred to two grand higher.
Seriously, Syrch, my parents have owned nothing but camrys and corollas for the last 20 yrs, and none of the five have crapped out before 250k. With nothing put into them except routine maintenance and usually a timing belt around 100k. That means you get 180k out of a car at the very least for seven grand. Taking really good care of it (and my parents are pretty good about it, because they drive a lot) 325k isn't outside the realm of possibility. Find any other car that will do that and its gonna be a Honda, I don't care what anyone else tells you.
Bottom line, I think L1FE is trying to scare you off so he can get it. I'd say jump on that. I bought a 99 corolla with 120k off our lot (it's a ford dealership with around 500 cars) for 4 grand, (it was on the lot for 6200) and didn't blink. That was almost two years ago. I was stupid and t-boned a guy going about 30mph 8 months after I bought it. Totaled his car, and had to replaced the radiator and hood latch on mine, but everything else was just tied back together. The point of this heartwarming little story is that EVEN AFTER the accident, in the last year and a half I have had to do nothing mechanical to it. Tough little bitch, she is.
I recommend in the strongest terms to get it. Then come back in five or eight years when it has 200k on it and tell him I told you so.
