So, my car, I love it but I am in no way trying to restore it, I am 19 in college and just have it as a DD so I don't want to and never intented to put much money into it. It is an 87 GT with about 165k miles and has some mods from the previous owner, lowered 1.5", dual flowmasters with offroad h pipe, functional ram air hood, all new wiring in engine, racing clutch, new tach and temp gauge I think thats pretty much it and last week I got the brakes fixed(rotor was crooked or something like that) and a new power steering pump because the old one leaked too bad. The body is in decent shape, a few paint chips and starting to rust a bit but not too bad. Overall I love the car. I've had it for about a year and the transmission has always had trouble getting into 2nd, it wants to pop out and does pop out usually when you first put it in 2ns and now it has started doing the same occasionally when taking off in first. I'll give it gas and before taking off it'll just randomly pop out of gear.
I talked to a guy at church today who him and a buddy restored the 91GT he used to have all themselves and he used to work at a shop and he said it sounds like the shift fork is bent or the synchronizer is bent or something and that it would need to be rebuilt fairly soon which would run me about 1200-1500. I am thinking, I don't want to put that money into this car when it isn't in that great of shape and I'm not really looking to restore it.
So... I have decided, and my dad agrees that I should sell it. I bought it for 3200 and I'm planning on trying to get 2500 for it. I'm not selling it until this semester is over though because I need it to be able to drive so I will still drive it for about 6 more weeks then try to sell. I talked to a buddy from high school today who wantsto buy it for 2500 really badly if he can get the money together before summer break. And I have about 1000 I can use for a new car, so I would have about 3500 or so for a new one and also if I wait a few weeks into summer after selling I'd have quite a bit more because I'll have a much higher paying job than my job on campus currently.
Anyways, is this a good idea? and is that an ok asking price? He knows about the tranny trouble and is completely ok with it.
And dont worry, the two criteria for the next car is that it has to be a 5.0 mustang and a 5 speed manual.
Thanks for any opinions!
I talked to a guy at church today who him and a buddy restored the 91GT he used to have all themselves and he used to work at a shop and he said it sounds like the shift fork is bent or the synchronizer is bent or something and that it would need to be rebuilt fairly soon which would run me about 1200-1500. I am thinking, I don't want to put that money into this car when it isn't in that great of shape and I'm not really looking to restore it.
So... I have decided, and my dad agrees that I should sell it. I bought it for 3200 and I'm planning on trying to get 2500 for it. I'm not selling it until this semester is over though because I need it to be able to drive so I will still drive it for about 6 more weeks then try to sell. I talked to a buddy from high school today who wantsto buy it for 2500 really badly if he can get the money together before summer break. And I have about 1000 I can use for a new car, so I would have about 3500 or so for a new one and also if I wait a few weeks into summer after selling I'd have quite a bit more because I'll have a much higher paying job than my job on campus currently.
Anyways, is this a good idea? and is that an ok asking price? He knows about the tranny trouble and is completely ok with it.
And dont worry, the two criteria for the next car is that it has to be a 5.0 mustang and a 5 speed manual.
Thanks for any opinions!