For starters, I am a poor college student. I drive a 94 Mazda b2300 pickup (125,000 miles) and I have been having transmission problems for the last week. It takes like 5 minutes for the truck to kick into reverse and second gear is acting up. I took it into a transmission shop and they said that the entire transmission needs to be replaced and estimated the cost to be about $1500 (i wouldnt be surprised if they charged me more).
I am well aware that my truck is a POS and I would be lucky to get $2500 for it in good condition, so $1500 seems like alot of money to be sinking into it.
So I am faced with a decision.
I could sink big money into my truck and hope to god it runs me for a few more years without major problems. Maybe it will be fine for a few years, or maybe it blows up again in another month or so.
I could buy a cheap used car (budget is $2500-$4000)
-Can I get any kind of sale/trade-in value out of the truck?
-Are there any decent cars that fall into this price range?
I must admit I know absolutely nothing about cars so buying a used one scares the crap out of me.
I did some searches on the net and found a few models that may be worth checking in to:
Toyota Tercel, Camry, and Corolla
Honda Accord and Civic
I really dont care what the car looks like as long as it is dependable and gets good gas mileage.
Anybody have any ideas? I could really use the help