LOML drives a 2000 Accord that is in rough shape (only 70k miles, but has a salvage title, has been in numerous accidents, needs a new catalytic converter, check engine light won't go off, airbags don't work, paint peeling off the trunk lid, warped brake rotors, etc). It is time for a timing belt change, which will cost me about $1k. I realize that if the belt breaks, the engine is in trouble, but what is the real risk of that happening? And what are the consequences (ie - if the risk of breakage is low, and the only consequence is needing a valve job, is it more cost effective to not change the belt?)
Thanks in advance for your advice.