Quote:
Originally Posted by metalman
I have a question about the future of our cars: I bought a '94 stealth rt/tt not running. Owner claimed blown headgasket-car would not start, but ran when parked 1 year prior. Disassembly revealed water pump leak (not head gasket)and stuck rings from sitting. Anyway, I'm trying to decide between repair or part out. Repair means I will spend about what a running car would cost. Part out means profit. I'd hate to part out a car that is 1 of 924. Do these cars have a future as a collectible? Already they seem to sell for more that blue book. Have prices topped out or do you expect them to climb and hold or gain value? By the way all I want is a basically stock Sunday driver. Thanks to all who post - I've gotten terrific info here...
|
Just a guess, but when the water pump leaked, there's a good chance that the timing belt stretched causing MAJOR internal damage (due to the timing jumping...stretched belt). Valves hit pistons (not "stuck rings").
I'm not saying its a total loss, if the body and interior are in good shape, you can "gamble" on a used engine or get a new short block and rebuild and have a VERY nice 1 of 924....
Bob.