Look - it's not worth that much as is, as JRL says....but it's paid for. The largest cost of car ownership is depreciation. Seriously...but it's buried in the payments. As an example: my T5 sold for $42,000 new. I bought it with 70K on it for $13K six years later. Tops, the dealer gave 1st owner $10K on the trade. Tops. So that guy paid $32,000 for 5-6 years of driving the car....over $5K per year! And it still needed insurance, gas, oil changes, tires, brakes, everything that your car needs...only he was eating a $5K loss every year.
A loss that you and I are not experiencing
If everything else on the car is good, then $1500 isn't much to have a safe, practical car back in service.
Do the work.
Current Fleet:
2016 Tundra Crewmax 4WD 1794
2005 MB S600 (126K, Michelin AS4, HPL 0W40)
2005 MB SL600 (55K Michelin AS4, Mobil 1 0W40)
2004 V70R (143K, six speed M66, HPL 5W40)
2004 XC90 (235K, HPL 0W30 Euro)
2002 V70-XC (295K, HPL 0W30 Euro)
2002 V70-T5 (225K, IPD bars, Bilsteins)
2001 V70-T5 (125K, IPD downpipe, cat back and other mods)
1932 Packard Sedan (straight 8, dual sidemounts, original paint and interior, Shell Rotella 15W40)
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