Hi, Rick -
$190 a month for insurance?? Full coverage or liability only? I personally wouldn't bother with collision/theft coverage on an older car.
FYI, I bought my current car (Pontiac Firefly, a.k.a. Canadian market re-badge of the Chevy Metro) when it was 6 years old and it had 2,468 km (1,533 mi) on the clock. I paid $4500. New battery and brake rotors. That was 12 years ago.
As for your uncle's car, I did a quick search on cars.com.
There are 75 used Aveos listed within 500 miles of Orlando.
Sorting by mileage, lowest to highest, here are a few low-miles gems:
- 2010 Chevrolet Aveo 5 LT
$6,998 7,379 mi
https://www.cars.com/for-sale/search...JZuXjhCAjF3.99- 2007 Chevrolet Aveo LS
$7,860 18,353 mi
Read more at https://www.cars.com/for-sale/search...JZuXjhCAjF3.99
And there are a bunch more in the 40-55k mile range between $4400 and $6800
But keep in mind those are dealer prices, with built-in markup of what, $1000? $2000? More?
I'm going to say that you should easily be able to find a buyer around $4-5k. As you say, with new tires, it's basically a new car.
Another option: where's your nearest CarMAX? I'm pretty sure they'll give you a written offer to purchase after looking over the car.
Please keep us posted!