Bought at 120,000 for $2500. Car was in good shape but after a year and 11,000 more miles, I've poured about $5,000 worth of repairs into it. There was an overheating problem, needed a new catalytic converter, engine seals, etc. The power windows & locks stopped working at 125,000. I did all routine maintenance to it, and I know the first owner took very, very good care of it.
Despite these repairs the car is still pretty reliable and does its job. Don't be so sure that the car will run forever though. I'm thinking of getting rid of it already.