I have the chance to get a free 1983 Tercel 4wd (blue, blue interior, man transmission) for free. It belongs to a guy I work with. He got it about a year ago for for $500.
The good:
new cv shafts, new rear wheel bearings, new tires, new brake master cyl,no rust or dents, good interior recent alignment and carb rebuild.
the bad:
300k miles,He got drunk started his car floored gas pedal and passed out. The engine came apart (more like melted out of the car) after about 10 min. at full throttle. The police got called for a chainsaw like noise at about 2:00 am in the middle of town and promptly gave him a DUI

The car is mine if I want it.
I have not seen the car since he blew the engine but I hear what is left of the engine is quite a site.
I plan on getting the car ,if it isn't to messed up, and installing a used engine and driving it for another 100,000 miles

ps it also has the inclineometer in it.