Congrats on your buy! Come to think about it you maybe right when adjusting for 80's dollars and get a way better car than a Yugo. BTW I saw one about 6 weeks ago. I had to slow down and "nod" the owner!

Don't go factory CD player but really consider something way cooler than that.
Dual XDMA6370 CD receiver at Crutchfield.com

I recommend something like this reasonable priced receiver with USB and SD card slots. You can dump a ton of music on a SD card and keep all your favorite tunes handy. When I bought my aveo I had the crappy crappy AM/FM radio in it. I replaced with a Insignia player that plays SD, USB, Aux (other peoples MP3 players), and CDs. Even the CD player can play MP3 and a lot of other audio formats. I never use the CD player and keep all my audio in MP3 format and play from the SD card.

Remember this is only a suggestion, in case of a real command please keep tuned to this forum for breaking news and updates.