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Thank you for that! We were all thinking what you eloquently stated!1988/89 in the $10K range should be assumed to be a money pit unless the owner is very talented and has the tools and resources to deal with the inevitable.
Agree with inspection, but you'd want an oil analysis done on the engine and transmission. I'm guessing cost of this level of inspection could be 10% or more of the budget.
It'd be incredible to find a cream puff in this price range that would not at least need tires at $1000 or more depending on size.
Sorry I can't be more positive. This does not make good economic sense for anyone who's finances are tight.