Yep. Blown head gasket, warped or cracked head. Could be pricey.
I couldn't ditch a car for that. But if you'd have to pay someone else to do the work, it could be cost-prohibitive. Better to sell it to someone who's mechanically inclined enough to spend a couple hundred on it on repairs and get a good year or so of use out of it.
Kind of a stepping stone between you and the junkyard.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.