Login

2007 Toyota Corolla 126k miles, head gasket leaking. Keep or sell?

I bought a 2007 Toyota Corolla LE with 126k miles on it a few days ago and am now regretting it. Keep or sell?

I bought a 2007 Toyota Corolla LE with 126k miles on it a few days ago and am now regretting it. I'm a new viewer to your channel and learned a lot from you "after" I bought this car. So I know I made a mistake buying it in the first place. I didn't see leaks when I bought it but after I got it home I see oil drips on driveway. The guy at the oil change place says my head gasket is leaking. So my question is...should I just sell it before I start sinking a lot of money into it or should I try to fix any leaks and/or issues and then drive it 200k + miles? I'm not a mechanic and can only change fluids myself. I bought it for $4500 and with tax, licensing, fluid changes, new tires, new spark plugs, etc. I'm into it about $5250. It runs great but now I see this leak and am thinking I will sell it even if I have to take a loss. Any thoughts? Is this worth keeping and fixing? Or should I sell it?

Have a real mechanic look at it, to find the real
source of the leak.

The guy at the oil change place? Is he a certified mechanic? Does he have a dog in the race? Get a 2nd opinion. And, you can do a UV-dye test DIY. How do you know it's not your valve cover gasket, e.g.? Are you 100% certain it's engine oil? Have you gotten under there, sprayed it w/ engine cleaner, dried everything off, then looked again to see if you can isolate the leak source-- i.e., is it high up or low to the ground?
Also, watch Scotty's videos on oil leaks, here's one: "How to Find Oil Leaks in Your Car and Fix Them":