Yesterday the snow had melted so I thought I'd take the car out. She wouldn't crank and has developed a terrible grinding noise. I came back in disgusted and started adding up my total expenses and began to wonder if it may be time to sell and move on to a C3.
I purchased the car knowing it was a high mileage (204K) car but the transmission had been rebuilt along with the rear end and the seller seemed honest. I was looking for a driver and figured it wouldn't take much to get it back to curb appeal standards.
The point I'm at today is that including the purchase price, a transmission rebuild (whoever did the rebuild for the seller really botched the job), new tires, battery, water pump and other misc. items I'm into the car for $8800.
Based on what I now know I'm going to need at this point is another $5800 to finish the car and I'm sure there are some skeletons waiting to jump out of the closet.
Based on the prices I'm seeing for cars with much lower mileage and it better mechanical condition I'm not sure it's wise to invest much more in this car. I'm afraid my first Corvette may have been an expensive education.
If I'm going to end up with $15k in a car I'd much rather have it invested in a 70's model.
Any thoughts would be appreciated.
Thanks,
Glen
I purchased the car knowing it was a high mileage (204K) car but the transmission had been rebuilt along with the rear end and the seller seemed honest. I was looking for a driver and figured it wouldn't take much to get it back to curb appeal standards.
The point I'm at today is that including the purchase price, a transmission rebuild (whoever did the rebuild for the seller really botched the job), new tires, battery, water pump and other misc. items I'm into the car for $8800.
Based on what I now know I'm going to need at this point is another $5800 to finish the car and I'm sure there are some skeletons waiting to jump out of the closet.
Based on the prices I'm seeing for cars with much lower mileage and it better mechanical condition I'm not sure it's wise to invest much more in this car. I'm afraid my first Corvette may have been an expensive education.
If I'm going to end up with $15k in a car I'd much rather have it invested in a 70's model.
Any thoughts would be appreciated.
Thanks,
Glen
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