VIDEO - Corolla makes weird sound on start up, how can we fix this?

#1
When the car starts up from a cold start, it makes that weird sounds for the first 2 seconds. Does anyone know what it is or how to fix it?

2009-corolla-cold-start-rattle-engine-t-sb-0087-09

I've seen this a few times and am pretty much sure that's the fix.

However, I'm worried about cost. This is actually my GF's car and I know she bought it used and with more than 90,000 miles. So the warranty won't help us... What's tour next choice?
 
#2
Also, what will happen if we don't do the repair? How long can we go on without repairing it? We want to repair it, but 3,500 is a lot of money right now.
 
#3
dont worry, it wont break it. that is just from the cold start, that engine oil is not settling up yet.

it is the camshaft timing gear assembly, i guess.

3500$? put it onto a new corolla. :)
 
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