What's wrong with my 1995 dodge neon?

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Oct 31, 2010
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I just got this car the other day. It was just inspected with no problems with it. It only has 60,000 miles on it. Now, the problem is, it jerks a lot & take a while to accelerate. Also, it makes a squeaky noise when you first get on the gas (I noticed that problem went away after 5 minutes). I really like the car and it didn't have these issues three days ago. What's wrong?
 
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