i would sell. even for another neon if you like the car...maybe a 2001 or 2002. The smell and the smoke means you have oil buring in one or more cylinders. This car (with that amount of miles) is most likely worth only 2-3K. the work you will need to put into it will cost atleast $1000. You may need a new rebuilt engine. I would cut my differences and get something newer.
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