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My daily driver is a 2000 Chevy Metro I picked up for $300. It's a 1.0 liter 3 cylinder 5 speed. Best $300 I've spent in a LONG time. It gets 50-55mpg but only has 55 hp. Hasn't had a problem in the 25,000 miles I've driven it either. (has 145,000 on it now)
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