I have a '99 Honda Accord and live in California. I go to school in Indiana. For the past year and a half I have been without a means of transportation because I leave my car at my parents house. My biggest concerns with bringing it to college are that the paint is pretty old (original paint for the most part, still very nice coat) and that the battery, tires, etc are not good in snow. It only snows about 5 inches tops the entire winter it seems. The pros are that it is very reliable, up to date with maintenance, and completely paid for.
The other argument is that I sell it to my parents and sibling for his car and buy myself another out there. The drawback is that I am gambling with reliability, I can only afford up to a $4000 car, and I would likely have to move it back to Cali later in the year and back again in the fall
Read more: Is it better to move a car across country or sell it and buy a used car there?