Thanks for the advice, RH. I am going to hold on to the car. Sometimes you just have to get your thoughts out there to sort them out. The vehicle is high mileage, (relatively) low fuel efficiency, and in need of a serious paint job. That essentially eliminates selling it. The car is only valuable to me, and to the scrap yard. The scrap yard wouldn't pay me enough to justify getting rid of it.
I have only a lay person's knowledge about cars, so I really can't do anything to it. The most complicated thing I have ever done is change a radiator hose. I certainly managed to impress all of my friends by getting the car up and running again (I was 6 hours from home) without calling a mechanic! That being said, I will run down to Wal-Mart tomorrow for some paint swatches and see about doing a roller job.
The paint is coming off in big chunks right now. It's unfortunate because just last year, my dad and I painted this car together. Apparently the primer was bad, and the paint became dull in a matter of months, and the above pictures was the end result. Perhaps this is an opportunity to bring out the pressure washer?