I turned down a free 91 230 TE ... - local yokel
I turned down a free 91 230 TE auto.

Offered to me for nothing, but my plate is quite full. The only known issues were that it need new rear brake shoes (she said) and it was running smoky. No idea how much oil it was burning - but otherwise good in/out I was told.

Was I a fool? Could I have sorted all this for reasonable money and be riding around in a near-free bullet proof motor, or I did I turn down a money pit?

FWIW my 405 TD is very well behaved, and a good size for my needs, and even if it was lovely, high 20s mpg is not as good as low-mid 40s from the Pug.