Q: Greg, I have a Ford Pinto Hatchback, 4 cylinder, stick shift with no air and 85,000 miles on it. It has the original paint, a few dings here and there and it needs a dashboard as it is cracked. It also needs a driver seat and rugs and a new radio. Should I invest $1000 to $1500 and fix it or sell it as is. Tom K., New Port Ritchey, FL.
A: Tom, you don't mention the year, but don't spend one dollar on this car as it's not worth it and could result in you actually losing money. Specifically, the Ford Pinto (any year) is not one of the car collector favorites by any means. Put an ad in the paper and unload it for whatever you can get. I doubt the repairs you mention, with labor, would cost as little as $1,000 to $1,500 anyway as something would "show up" to cost you more.