by Pete in NH » Sun Mar 17, 2013 2:23 pm
Hi,
Welcome to the club, Matt. Your question is a very difficult one to answer. Given the milage and age of the car and not knowing its maintenance history, the short answer is- almost anything!
Given the age and milage and unknown history, I would go carefully over the car and check things out. First on my list would be the brake system, master cylinder leaking? Wheel cylinders in the rear, front calipers and brake pads and rear linings. A car that doesn't go is one probem , one that doesn't stop safely is a whole other issue. Check out all the underhood hoses and belts as well. If it hasn't already been replaced the electric fuel pump in the gas tank is certainly on borrowed time.
Older cars can be fun and made quite reliable but, they often don't start out that way. You have to expect on a car this age that you are going to put some money in it. It helps if you can do much of the work yourself. The parts are often not too expensive but if you have to pay someone else to do the work costs quickly get out of hand.
Good luck and again welcome to the club. There are people here who will be happy to help you out with your K car questions.