want to know if repo car is worth buying - Ford Mustang Forum
Reply
 
LinkBack Thread Tools
post #1 of 17 (permalink) Old 12-31-2013 Thread Starter
Apprentice
5.0L Member
 
Kemp11115's Avatar
 
Joined: May 2011
Location: Mark IL
Posts: 163
 
want to know if repo car is worth buying

ok guys, so theres been a 1992 mustang lx 5.0 sitting at a loan office next to where i live for quite a few months now and ive been thinking about trying to get it cheap. So i went to test drive it today and come to find out some one messed up the trans in it a few weeks prior. So we went out and started it, atleast after 10mins of trying to jump start it. Then we put a new battery in it, but it still turned over pretty slow. The car its self is a real mess. Its a convertable, has quite a few rust spots, engine bay is very messy and interior is a mess. Kinda seems like a billy joes garage build. But.... Heres the kicker. They have a spec sheet on the car. Whether or not its completley true i do not know beings it is mostly all internal work. but here is what there sheet said word for word.

0.030 over 306ci
speed pro 10.25 compression molly coated pistons
ford racing E303 cam
engine has all new internals
Tremec world class TKO TS 5spd transmission
fully adjustable clutch quadrant
Ram Kevlar clutch, Billet flywheel
ford racing 3.73 rear gear
MSD 6AL ignition
DYNO 450+ Horsepower at rear wheels
less than 10,000 miles on the engine, transmission, rear end
mare than $7,000 invested in engine and transmission


Now i would imagine that they got all of this information from the previous owner of the car. ( The one that repossesed the car from ). So hard tellin if these things have really been done, or if the guy was trying to make the car seem like it was worth alot so that it would not sell.

The car deffinantly has a nice lope to it when at idle but as far as the 10.25:1 compression. Idk. I feel like i would notice a the difference between the 10.25:1 v.s. a stock 302 compression

As far as the trans. The clutch is very hard to push in, and it doesnt feel like it hits that soft point, just constantly hard. The trans makes no noise when you push the clutch down but as soon as you release in in any gear or even neutral it grinds and makes all kinds of noise ( Possibly bad input shaft bearing? ) So i am looking for any advice you guys have out there. Is it worth the few hundred dollar gamble to find out if its got all this or no....

Mineral Silver & BMW Black 89 Mustang GT, 3.73's, Auburn pro series Diff, flowmasters, H-pipe, MAC equal length headers, comp cam valve springs, 1.6 scorpion roller rockers KB pistons, Edelbrock Performer Upper and lower manifolds, 24IB inj, BBK CAI, C&L MAF, B303 cam, Mongoose Clutch, 1993 Cobra Manual Trans, all adjustable clutch setup, Mishimoto Alum Radiator, Underglow light kit, Proffesional products throttle body and EGR spacer, 1/4in intake spacer, ford racing aluminum driveshaft.
Kemp11115 is offline  
Sponsored Links
Advertisement
 
post #2 of 17 (permalink) Old 12-31-2013
Apprentice
 
87 mustang's Avatar
 
Joined: Dec 2013
Location: lorain
Posts: 54
 
i would go for it that is the kinda of car i look for a diamond in the ruff as long as the car has not been wrecked and thrown back together, a couple years of work or so and bam you have a nice ride
87 mustang is offline  
post #3 of 17 (permalink) Old 12-31-2013
67cpe
Guest
 
67cpe's Avatar
 
Posts: n/a
Hi, It depends on the price and your goals. the engine alone is worth at least 300.00 as a good core without efi. if it has aftermarket aluminum heads, those are worth around 30% less than what summit sells them for.
post #4 of 17 (permalink) Old 12-31-2013
GT Member
V6 Member
5.0L Member
S197 Member
 
Conejo172's Avatar
 
Joined: Nov 2009
Location: Glenmont
Posts: 2,284
 
Well if they defaulted on a loan for a used car, makes me wonder how well the took care of the rest of it. If you can pick it up cheap I'd say go for it, but don't assume any of that list is true. Base your offer on the condition of the car and as you stated it looks rough.

2011 Performance White 5.0 Premium 6spd MT, 3.73's, 401A
Mods: Staggered 18" FR500 wheels with 255 45 18, & 295 45 18 tires, Air Lift Drag Bags, Roush axle backs, Eibach Pro springs, BMR Adjustable Panhard bar, Center Fog grille, MMD Hood Struts,BAMA Tuned, JPC Line Lock, Blowfish Racing Bracket
Conejo172 is offline  
post #5 of 17 (permalink) Old 12-31-2013
Apprentice
 
05RedHorse's Avatar
 
Joined: Oct 2011
Location: Fairfield
Posts: 211
 
Sounds like a clutch and throwout bearing, at least are in order.

'69 Mustang Fastback 250 I-6/Auto, '77 Mustang II Hardtop 2.8L V6 4spd, '65 Hardtop 302 3spd, '82 GT 5.0L 4spd, '93 Triple White Limited Edition LX Convertible 5.0L 5spd (1 of 444...ex-wife still has ), '93 Hatchback 5.0L 5spd ( gave to nephew... still has), 7 years without a Mustang while daughters driving/ in college, now 2005 Torch Red coupe 4.0L 5spd. Younger daughter has 2006 Torch Red convertible 4.0L Auto...bought same month March 2010..
05RedHorse is offline  
post #6 of 17 (permalink) Old 12-31-2013
PONY Member
 
pythontaco's Avatar
 
Joined: Jan 2013
Location: modesto
Posts: 658
 
Under 500 take it otherwise its a convertible and not worth it. Imo

Beat 200k and brand new again.
91 gt, b&m Short shifter, upr sub frame connectors, upr lowering springs, electric fan, junkyard 3g upgrade, 255 walbro fuel pump. More to come....


"Why? Because Racecar"
pythontaco is offline  
post #7 of 17 (permalink) Old 01-01-2014
Apprentice
 
STREET 4RD's Avatar
 
Joined: Aug 2013
Location: GTA
Posts: 232
 
Don't believe what you hear, believe what you see. I don't think the guy having his car repossessed is gonna sit down and write out a nice note on what the car has or doesn't have. Base your decision on price and what you can visually see...aftermarket intake, heads, hood, gauges etc. Assume it's a stock bottom end and rear end. If it's cheap enough you can't lose, just turn around and sell it for parts or build from it.

"Mustangs only win, when they race each other"...my dad(he's a Chevy guy)...hahaha.
STREET 4RD is offline  
post #8 of 17 (permalink) Old 01-01-2014
GT Member
Classic Member
5.0L Member
 
v8only's Avatar
 
Joined: Jul 2003
Location: Thompson
Posts: 1,241
 
What kind of heads? A 306 with an e303 cam isnt putting anywhere near 450 at the wheels....275-300 flywheel hp is more likely...

The trans issue is a bad or misadjusted clutch cable

No such thing as a world class tko...sounds like a stock world class t5 to me...every other v8 mustang on the planet got one

That car is a parts car with a half assed mickey mouse engine build..$800-1500 tops

Sent from AutoGuide.com Free App

Jeremy

-86 ssp X chp 5.0 coupe
-66 coupe,Ford racing crate 5.0 roller engine, t5 trans, 8.8 explorer 373 rear,2005 mustang front disc conversion, lots more
-1972 Maverick undergoing full resto
-1998 Lincoln Mark Viii LSC Black/Black
v8only is offline  
post #9 of 17 (permalink) Old 01-01-2014 Thread Starter
Apprentice
5.0L Member
 
Kemp11115's Avatar
 
Joined: May 2011
Location: Mark IL
Posts: 163
 
ya idk this thing was giving me no clues. the only reaso i even gave it a second thought and checked it out was because i heard someone test driving it one day and i could instantly tell that i was hearing a camed 302. The only stuff i can visually see that hint its been worked on is it has a stormin norman glass hood ( with the hood pins about 1 1/2ft higher than the shood be ) and theres an MSD A9L ignition mounted under the hood. Like i said it looks like a real hillbilly build. I mean who puts hood pins in the center of the hood? But the engine its self sounds extremely healthy. doesnt have that usual high mileage 302 ticking noise. Buit you would think if they put all that time and money into the engine that they would have atleast cleaned it up. The block has no paint on it and nor do the heads (standard e7 heads) Which idk. is it even possible to make 450 with e7's. I doubt it. They wanted 1500 for the car, then the trans went, and know they want 1000, but the guy i talked to at the office said he could sell it for 900. So i then wrote my name and number on the back of his buisness card and said ill give you 500 for it and thats kinda pushin it. So he said he would ask his boss. So Idk well see if i hear back from them i guess

Mineral Silver & BMW Black 89 Mustang GT, 3.73's, Auburn pro series Diff, flowmasters, H-pipe, MAC equal length headers, comp cam valve springs, 1.6 scorpion roller rockers KB pistons, Edelbrock Performer Upper and lower manifolds, 24IB inj, BBK CAI, C&L MAF, B303 cam, Mongoose Clutch, 1993 Cobra Manual Trans, all adjustable clutch setup, Mishimoto Alum Radiator, Underglow light kit, Proffesional products throttle body and EGR spacer, 1/4in intake spacer, ford racing aluminum driveshaft.
Kemp11115 is offline  
GT Member
Classic Member
5.0L Member
 
v8only's Avatar
 
Joined: Jul 2003
Location: Thompson
Posts: 1,241
 
Car sounds like a total piece of garbage, but there is a lotta good parts on it...with e7 heads and that build, and a good intake,....maybe 240-250 flywheel hp...200-220 hp tops at the wheels..

For the parts tho $900 is a great deal...u would b crazy to pass it up and not build a nice car out of a 4 cyl coupe out of it

Sent from AutoGuide.com Free App

Jeremy

-86 ssp X chp 5.0 coupe
-66 coupe,Ford racing crate 5.0 roller engine, t5 trans, 8.8 explorer 373 rear,2005 mustang front disc conversion, lots more
-1972 Maverick undergoing full resto
-1998 Lincoln Mark Viii LSC Black/Black
v8only is offline  
post #11 of 17 (permalink) Old 01-01-2014 Thread Starter
Apprentice
5.0L Member
 
Kemp11115's Avatar
 
Joined: May 2011
Location: Mark IL
Posts: 163
 
thats the issue idk how true the parts list is. im tryin to think of a better way to find out whats actually been done.

Mineral Silver & BMW Black 89 Mustang GT, 3.73's, Auburn pro series Diff, flowmasters, H-pipe, MAC equal length headers, comp cam valve springs, 1.6 scorpion roller rockers KB pistons, Edelbrock Performer Upper and lower manifolds, 24IB inj, BBK CAI, C&L MAF, B303 cam, Mongoose Clutch, 1993 Cobra Manual Trans, all adjustable clutch setup, Mishimoto Alum Radiator, Underglow light kit, Proffesional products throttle body and EGR spacer, 1/4in intake spacer, ford racing aluminum driveshaft.
Kemp11115 is offline  
GT Member
Classic Member
5.0L Member
 
v8only's Avatar
 
Joined: Jul 2003
Location: Thompson
Posts: 1,241
 
Well if u know cars, youll b able to tell...stick your head under the car and look at the trans, pop the hood look at the engine...u will see instantly whats there and whats not...engine internals and clutch matter not...the big ticket items r good heads, good intake,, better mass air meter, throttle body, better trans etc.....post up a couple pics here

Sent from AutoGuide.com Free App

Jeremy

-86 ssp X chp 5.0 coupe
-66 coupe,Ford racing crate 5.0 roller engine, t5 trans, 8.8 explorer 373 rear,2005 mustang front disc conversion, lots more
-1972 Maverick undergoing full resto
-1998 Lincoln Mark Viii LSC Black/Black
v8only is offline  
post #13 of 17 (permalink) Old 01-01-2014 Thread Starter
Apprentice
5.0L Member
 
Kemp11115's Avatar
 
Joined: May 2011
Location: Mark IL
Posts: 163
 
ya when i was over there lookin at it it was getting dark and about 10 degrees out. so i didnt get to look as much as i wanted. It has stock heads and intake. basically looks all stock from the out side asides from the msd ignition, glass hood, and vital guages.

Mineral Silver & BMW Black 89 Mustang GT, 3.73's, Auburn pro series Diff, flowmasters, H-pipe, MAC equal length headers, comp cam valve springs, 1.6 scorpion roller rockers KB pistons, Edelbrock Performer Upper and lower manifolds, 24IB inj, BBK CAI, C&L MAF, B303 cam, Mongoose Clutch, 1993 Cobra Manual Trans, all adjustable clutch setup, Mishimoto Alum Radiator, Underglow light kit, Proffesional products throttle body and EGR spacer, 1/4in intake spacer, ford racing aluminum driveshaft.
Kemp11115 is offline  
post #14 of 17 (permalink) Old 01-01-2014 Thread Starter
Apprentice
5.0L Member
 
Kemp11115's Avatar
 
Joined: May 2011
Location: Mark IL
Posts: 163
 
also possibly an aftermarket mass air. not 100% sure though

Mineral Silver & BMW Black 89 Mustang GT, 3.73's, Auburn pro series Diff, flowmasters, H-pipe, MAC equal length headers, comp cam valve springs, 1.6 scorpion roller rockers KB pistons, Edelbrock Performer Upper and lower manifolds, 24IB inj, BBK CAI, C&L MAF, B303 cam, Mongoose Clutch, 1993 Cobra Manual Trans, all adjustable clutch setup, Mishimoto Alum Radiator, Underglow light kit, Proffesional products throttle body and EGR spacer, 1/4in intake spacer, ford racing aluminum driveshaft.
Kemp11115 is offline  
Apprentice
 
STREET 4RD's Avatar
 
Joined: Aug 2013
Location: GTA
Posts: 232
 
Forget about it.

"Mustangs only win, when they race each other"...my dad(he's a Chevy guy)...hahaha.
STREET 4RD is offline  
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Ford Mustang Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a VALID email address for yourself, otherwise you will not receive the necessary confirmation email needed to confirm, validate and activate your new AFM member account.

Failure to provide a VALID email address, will result in the cancellation of your new AFM member account registration.

Email Address:
OR

Log-in









Random Question

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183