- Joined
- Aug 7, 2010
- Messages
- 5,074
- Reaction score
- 10
- Location
- McDermitt, NV
- My Car
- 1973 Convertible H Code, 351C 2V FMX
Hi Folks.
I'll try to make it short. Last weekend (8-1-10) I bought a 73 convertible for most of my savings ($5000). Drove it (the engine was a dog, but no smoke or tranny troubles), the convertible top worked and exterior and most of interior were in great shape, etc. Beautiful paint, blah blah blah. But I didn't crawl under it or do any serious checking. The owner said he had it for a year and was the second owner, and that it only needed a "new front end suspension rebuild.
Well, I finally had a chance to get under it, and immediately saw overspray from a paint job, and some slight misalignment of fender joints, etc. It had been wrecked and repaired well enough that you can't really tell until you start searching. I was hoping to invest a couple thousand dollars in the car, hoping it would be worth $10K - $15K.
I really like the car, and have had several people compliment me on it. My question to the group is, should I still invest some money in beefing up the motor and tranny, or should I call it quits, sell it for what I can get, and start looking again? I would be happy to start the project, but will get ANY money back that I invest?
I'll try to make it short. Last weekend (8-1-10) I bought a 73 convertible for most of my savings ($5000). Drove it (the engine was a dog, but no smoke or tranny troubles), the convertible top worked and exterior and most of interior were in great shape, etc. Beautiful paint, blah blah blah. But I didn't crawl under it or do any serious checking. The owner said he had it for a year and was the second owner, and that it only needed a "new front end suspension rebuild.
Well, I finally had a chance to get under it, and immediately saw overspray from a paint job, and some slight misalignment of fender joints, etc. It had been wrecked and repaired well enough that you can't really tell until you start searching. I was hoping to invest a couple thousand dollars in the car, hoping it would be worth $10K - $15K.
I really like the car, and have had several people compliment me on it. My question to the group is, should I still invest some money in beefing up the motor and tranny, or should I call it quits, sell it for what I can get, and start looking again? I would be happy to start the project, but will get ANY money back that I invest?