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Yes $700 seems way too high for a written off Metro, unless they are super rare in your area or something. Something else to consider is that if you take all the parts you'll need for the drivetrain swap into the other car, what's left won't be worth much unless there are some saveable/sellable panels like the hatch etc, or maybe some interior bits. The catalytic converters aren't worth much for cores off those cars, and its value in scrap metal is pretty much nil after the motor/trans/pedal assembly/ECU is gone out of it.
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