Honda Accord or eighty eight Oldsmobile?

Okay so I have an eighty eight Oldsmobile that needs all the paper work done and needs some micanical work done that will equal to about 500$ but my friend wants to sell me his 98 Honda Accord that needs a new paint job(800$) and he wants me to pay 1300 for it so that 2100 all todmgether what should I do

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