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I bought my 100K mile '94 escort wagon 5-speed for $1,000. It needed a tune-up, but now it runs perfectly. I've driven it a little over 1000 miles since I got it, about 60/40 city/highway, and I'm averaging almost 40 mpg. Important: it has the Ford SOHC 1.9 liter engine, not the Mazda 16-valve. Only 90 hp, but great torque, and surprisingly good fuel economy. Take the extra $4,000 and buy index funds. The market has to be coming up any day now! You'll be ahead bigtime!
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