Some fluid leaks, a wacked second gear shift and a few non-mentioned....why the hell would you sell for a $7K loss? This is EXACTLY what sites like this are for OP. Maybe I missed an earlier thread or something, but given some time, a few bucks and the help of forums like this and the knowledge gathered on these cars, you could very well bring the car back to life and either keep it or sell it on after fixing it for a better deal than the one you're about to do.
I know not all situations will allow this, but in the face of such a loss, I'm not sure there are many I can forsee that would prevent such a horrible loss.
If willing, post an informative thread outlining each problem and we can help sift through each one, explaining ease of repair and approximate cost to DIY.
Sell the bar for money to work on the car. Yes, $500 is a fair price for these nowadays. GLWS OP.
Last edited by Jmanscotch; 11-29-2011 at 10:37 AM.